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    Property profile & analytics

    5301 Nottingham Dr Nottingham, MD 21261

    • Distribution centers
    • 165,000 SF
    • 13.10 lot acres
    For Lease
    View listing
    Last Sale
    Feb 28, 2020
    $17,904,286
    Value Estimations
    $17,625,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1554051
    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

    • Distribution centers

    Property Details for 5301 Nottingham Dr

    Year built
    2020
    Lot size
    13.10 lot acres
    Property size
    165,000 SF
    Property type
    Distribution centers
    APN
    11-2500015852
    APU
    112500015852

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $22,195,000
      ML approach
      $10,995,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $18,110,000
      6.5%
      $16,720,000
      7%
      $15,525,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $17,975,000
      Market price range: $10.0M - $43.0M
      AI Estimate
      $11,943,000
      Market price range: $6.94M - $27.9M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $25,100,000
      Current use
      MEDICAL BUILDING
      $23,975,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $22,985,000
      Change: -8% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Nottingham
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4509
    Latitude
    39.3745
    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
    $163,933
    $4,588,200
    $9,411,800
    $14,000,000
    -
    $4,588,200
    $9,411,800
    $14,000,000

    Comparable in this City

    • Value Estimation
      $3,135,000
      27,700 SF

      5022 Campbell Blvd

      DISTRIBUTION WAREHOUSE • 27,700 SF
      5022 Campbell Blvd, Nottingham, MD 21236-4969
      View Details
    • Value Estimation
      $3,890,000
      33,971 SF

      5024 Campbell Blvd

      DISTRIBUTION WAREHOUSE • 33,971 SF
      5024 Campbell Blvd, Baltimore, MD 21236-5974
      View Details
    • Value Estimation
      $5,345,000
      57,652 SF

      7941 Corporate Dr

      DISTRIBUTION WAREHOUSE • 57,652 SF
      7941 Corporate Dr, Nottingham, MD 21236-4925
      View Details
    • Value Estimation
      $2,705,000
      33,000 SF

      8019 Belair Rd

      DISTRIBUTION WAREHOUSE • 33,000 SF
      8019 Belair Rd, Baltimore, MD 21236-3711
      View Details
    • Value Estimation by Request
      13,905 SF

      8363 Town Ctr Ct

      DISTRIBUTION WAREHOUSE • 13,905 SF
      8363 Town Ctr Ct, Baltimore, MD 21236-4964
      View Details
    • Value Estimation
      $5,075,000
      44,970 SF

      5020 Campbell Blvd

      DISTRIBUTION WAREHOUSE • 44,970 SF
      5020 Campbell Blvd, Baltimore, MD 21236-4968
      View Details

    Similar Nearby for Sale

    • $425,000

      Baltimore Specialty Property for Sale

      Specialty property available in Baltimore, Maryland for $425,000.
      9017 Hedgerow Way, Baltimore, MD 21236
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Middle River, Maryland.
      10499 Campbell Blvd, Middle River, MD 21236
      View Details
    • Contact for pricing

      3.63 Acres Commercial Land

      Commercial land with improvements and frontage on Belair Road.
      7720 Belair Rd, Nottingham, MD 21236
      View Details
    • $799,990

      Specialty Property for Sale

      Specialty property available for purchase.
      4010 Milner Rd, Nottingham, MD 21236
      View Details
    • $315,000

      Nottingham Specialty Property for Sale

      Specialty property available for purchase in Nottingham, Maryland.
      58 Stone Park Pl, Nottingham, MD 21236
      View Details
    • $275,000

      Nottingham Religious Facility For Sale

      Religious facility available for sale in Nottingham, Maryland.
      25 Stillwood Cir, Nottingham, MD 21236
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Office/Storage Space with Flexible Terms

      Office and storage space available for immediate occupancy.
      4627 Ridge Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing
      57,782 SF

      Full Building Flex Space

      57,782 SF flex space in White Marsh Town Center.
      7941-7949 Corporate Dr, Nottingham, MD 21236
      View Details
    • Contact for pricing
      2,795 SF

      Flex/R&D Space Available For Rent

      Flex/R&D, office, and retail space in mixed-use community.
      10440 Campbell Blvd, Middle River, MD 21236
      View Details
    • $1,800 /Mo

      Office/Storage Building with Flexible Terms

      Office/storage space available with flexible terms and immediate occupancy.
      4627 Ridge Rd, Baltimore, MD 21236
      View Details
    • Contact for pricing
      2,545 SF

      Flex/R&D Space Available for Lease

      Flex/R&D, retail, and office space in mixed-use community.
      10460 Campbell Blvd, Middle River, MD 21236
      View Details
    • Contact for pricing
      90,830 SF

      Putty Hill Plaza Retail Space

      Prime Baltimore County retail opportunity.
      0 Belair Rd. & Roseville Blvd, Nottingham, MD 21236
      View Details
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    5301 Nottingham Dr
    Nottingham, MD 21261
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    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
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