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    Property profile & analytics

    3248 Laurel Ft Meade Rd Laurel, MD 20724-1314

    • Auto shops
    • 1,682 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 23, 2022
    Location Intelligence
    Property ID
    US40-1355582
    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

    • Elite Auto Service / Auto Repair Shop

    Property Details for 3248 Laurel Ft Meade Rd

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.57 lot acres
    Property size
    1,682 SF
    Zone code
    C1B
    Property type
    Auto shops
    APN
    04-000-01810221
    APU
    400001810221

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7769
    Latitude
    39.0916
    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
    2023
    $4,167
    $0.00
    $0.00
    $381,633
    -
    $308,000
    $77,700
    $385,700

    Comparable in this City

    • Value Estimation by Request
      1,826 SF

      3240 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 1,826 SF
      3240 Laurel Ft Meade Rd, Laurel, MD 20724-1314
      View Details
    • Value Estimation
      $6,565,000
      9,162 SF

      3510 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 9,162 SF
      3510 Laurel Ft Meade Rd, Laurel, MD 20724-2006
      View Details
    • Value Estimation by Request
      1,456 SF

      3518 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 1,456 SF
      3518 Laurel Ft Meade Rd, Laurel, MD 20724-2006
      View Details
    • Value Estimation by Request
      1,461 SF

      3205 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 1,461 SF
      3205 Laurel Ft Meade Rd, Laurel, MD 20724-1315
      View Details
    • Value Estimation by Request
      1,653 SF

      3613 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 1,653 SF
      3613 Laurel Ft Meade Rd, Laurel, MD 20724-2067
      View Details
    • Value Estimation by Request
      1,470 SF

      3396 Laurel Ft Meade Rd

      AUTO REPAIR, GARAGE • 1,470 SF
      3396 Laurel Ft Meade Rd, Laurel, MD 20724-2098
      View Details

    Similar Nearby for Sale

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      Specialty property available for purchase in Laurel, Maryland.
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      Land with flexible zoning and development possibilities.
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    Similar Nearby for Lease

    • Contact for pricing
      4,589 SF

      Maryland City Plaza Retail Space

      High-visibility retail spaces for lease in Laurel, MD.
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    • $37 SF/Yr
      2,300 SF

      Retail Space in Russett Green

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    Laurel, MD 20724-1314
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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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