Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    404 Bowleys Quarters Rd Baltimore, MD 21220-2158
    Back to Search
    Property profile & analytics

    404 Bowleys Quarters Rd Baltimore, MD 21220-2158

    View on Map
    • Distribution properties
    • 2,470 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US40-0076524
    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.
    Value Estimations
    $955,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Harford Insurance Associates / Insurance Agency

    Property Details for 404 Bowleys Quarters Rd

    Construction
    BRICK
    Lot size
    0.70 lot acres
    Property size
    2,470 SF
    Zone code
    DR3.5
    Property type
    Distribution properties
    APN
    15-1700000378
    APU
    151700000378

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $984,000
      Market price range: $143k - $1.15M
      AI Estimate
      $924,000
      Market price range: $185k - $925k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $605,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.396
    Latitude
    39.3331
    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
    $5,229
    $306,600
    $516,800
    $823,400
    -
    $306,600
    $516,800
    $823,400

    Comparable in this City

    • Value Estimation by Request
      560 SF

      9619 Pulaski Hwy

      COM AUTO TRANS/STORAGE • 560 SF
      9619 Pulaski Hwy, Baltimore, MD 21220-1405
      View Details
    • Value Estimation by Request
      1,950 SF

      2003 Old Orems Rd

      COM AUTO TRANS/STORAGE • 1,950 SF
      2003 Old Orems Rd, Baltimore, MD 21220-4115
      View Details
    • Value Estimation by Request
      406 SF

      9525 Pulaski Hwy

      COM AUTO TRANS/STORAGE • 406 SF
      9525 Pulaski Hwy, Baltimore, MD 21220-2419
      View Details
    • Value Estimation
      $640,000
      200 SF

      2102 Old Orems Rd

      COM AUTO TRANS/STORAGE • 200 SF
      2102 Old Orems Rd, Baltimore, MD 21220-4117
      View Details
    • Value Estimation
      $580,000
      1,496 SF

      737 Bowleys Quarters Rd

      COM AUTO TRANS/STORAGE • 1,496 SF
      737 Bowleys Quarters Rd, Baltimore, MD 21220-4000
      View Details
    • Value Estimation
      $1,165,000
      3,500 SF

      9719 Pulaski Hwy

      COM AUTO TRANS/STORAGE • 3,500 SF
      9719 Pulaski Hwy, Middle River, MD 21220-1407
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Pulaski Highway Industrial Building

      10,220 SF industrial building on 1.37 acres.
      9728 Pulaski Hwy, Middle River, MD 21220
      View Details
    • $2,800,000

      Pulaski Highway Commercial Property

      10,000 SF building space with renovated garage and warehouse.
      9914 Pulaski Hwy, Middle River, MD 21220
      View Details
    • Contact for pricing

      Secured Contractor Yard with Warehouse

      2.17 acre secured yard with 2,400 SF warehouse.
      11718 Eastern Ave, Middle River, MD 21220
      View Details
    • Contact for pricing
      11,790 SF

      Middle River Warehouse with Office

      11,790 SF warehouse with office and drive-in doors.
      1701 Leland Ave, Middle River, MD 21220
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,747 SF

      Middle River Warehouse Space Available

      25,747 SF warehouse with 24' clear height.
      1405 Tangier Dr, Middle River, MD 21220
      View Details
    • Contact for pricing
      115,000 SF

      Middle River Warehouse Space Available

      115,000 SF warehouse with 32' clear height.
      3407 Carroll Island Rd, Middle River, MD 21220
      View Details
    • Contact for pricing
      41,070 SF

      Industrial Warehouse Space For Lease

      Available warehouse space ranging from 126,700 to 188,100 square feet.
      670 Chesapeake Park Plz, Middle River, MD 21220
      View Details
    • Contact for pricing
      23,400 SF

      Warehouse/Office Space for Sublease

      23,400 SF warehouse/office space available for sublease.
      9600 Pulaski Park Dr, Middle River, MD 21220
      View Details
    • Contact for pricing
      2,589 SF

      Flex/R&D Suite in Greenleigh

      Flex/R&D suite available for lease in master-planned community.
      6211 Greenleigh Ave, Middle River, MD 21220
      View Details
    • Contact for pricing
      6,843 SF

      Mixed-Use Community Retail Opportunity

      Retail space available in master-planned community near major routes.
      11605 Crossroads Cir, Middle River, MD 21220
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    404 Bowleys Quarters Rd
    Baltimore, MD 21220-2158
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    404 Bowleys Quarters Rd, Baltimore, MD, 21220
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!