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    Property profile & analytics

    2850 N Ridge Rd Ellicott City, MD 21043

    • Medical offices
    • 42,333 SF
    • 5.30 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimation
    $12,345,000
    Last Sale
    Oct 11, 2022
    $14,200,000
    Location Intelligence
    Property ID
    US40-1044451
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 2850 N Ridge Rd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.30 lot acres
    Property size
    42,333 SF
    Zone code
    POR
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    02-286114
    APU
    2286114

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,815,000
      6.5%
      $12,740,000
      7%
      $13,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $12,605,000
      Geo Method
      $14,890,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,270,000
      Retail
      $18,395,000
      Mixed-Use
      $16,360,000
      Hospitality
      $15,100,000
      Educational
      $17,915,000
      Residential Income
      $15,210,000
      Energy
      $18,200,000
      Income-Based Land
      $16,170,000
      Food Service
      $17,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.8194
    Latitude
    39.2919
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $62,106
    $0.00
    $0.00
    $6,740,700
    -
    $2,308,600
    $5,657,200
    $7,965,800

    Comparable in this City

    • Value Estimation by Request
      36,177 SF

      3100 Rdg Rd

      HOMES (RETIRED, NURSING) • 36,177 SF
      3100 Rdg Rd, Ellicott City, MD 21043-3358
      View Details
    • Value Estimation
      $255,000
      1,000 SF

      8640 Rdg Rd

      HOMES (RETIRED, NURSING) • 1,000 SF
      8640 Rdg Rd, Ellicott City, MD 21043-4102
      View Details
    • Value Estimation by Request
      33,584 SF

      4475 Montgomery Rd

      HOMES (RETIRED, NURSING) • 33,584 SF
      4475 Montgomery Rd, Ellicott City, MD 21043-6007
      View Details
    • Value Estimation by Request
      68,100 SF

      8720 Rdg Rd

      HOMES (RETIRED, NURSING) • 68,100 SF
      8720 Rdg Rd, Ellicott City, MD 21043-4801
      View Details
    • Value Estimation
      $11,255,000
      44,222 SF

      3000 Rdg Rd

      HOSPITAL - PRIVATE • 44,222 SF
      3000 Rdg Rd, Ellicott City, MD 21043-3311
      View Details
    • Value Estimation by Request
      78,605 SF

      8700 Rdg Rd

      HOMES (RETIRED, NURSING) • 78,605 SF
      8700 Rdg Rd, Ellicott City, MD 21043-4158
      View Details

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      Sublease medical office space in Ellicott City, Maryland.
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    • Contact for pricing
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      Office condominium with meeting room, reception area, and highway access.
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    • New
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    Ellicott City, MD 21043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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