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    Property profile & analytics

    705 Marlyn Ave Essex, MD 21221-5800

    • Retail space
    • 4,320 SF
    • 3.71 lot acres
    OFF-MARKET
    Value Estimation
    $635,000
    Last Sale
    Mar 09, 2022
    $550,000
    Location Intelligence
    Property ID
    US40-0543445
    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

    • Retail space

    Property Details for 705 Marlyn Ave

    Construction
    BRICK
    Lot size
    3.71 lot acres
    Property size
    4,320 SF
    Zone code
    DR5.5
    Property type
    Retail space
    APN
    15-1516602282
    APU
    151516602282

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $655,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $635,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $520,000
      Mixed-Use
      $625,000
      Hospitality
      $555,000
      Educational
      $580,000
      Residential Income
      $680,000
      Energy
      $520,000
      Income-Based Land
      $530,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4594
    Latitude
    39.3005
    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
    $3,087
    $190,900
    $227,800
    $418,700
    -
    $190,900
    $227,800
    $418,700

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      1718 Eastern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      1718 Eastern Blvd, Baltimore, MD 21221-2105
      View Details
    • Value Estimation
      $65,000
      4,312 SF

      1551 Eastern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,312 SF
      1551 Eastern Blvd, Baltimore, MD 21221-3428
      View Details
    • Value Estimation by Request
      17,100 SF

      723 Eastern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 17,100 SF
      723 Eastern Blvd, Baltimore, MD 21221
      View Details
    • Value Estimation
      $340,000
      7,949 SF

      438 Eastern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,949 SF
      438 Eastern Blvd, Baltimore, MD 21221-6714
      View Details
    • Value Estimation
      $335,000
      4,840 SF

      9 Margaret Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,840 SF
      9 Margaret Ave, Essex, MD 21221-6704
      View Details
    • Value Estimation
      $500,000
      4,500 SF

      1924 Middleborough Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      1924 Middleborough Rd, Essex, MD 21221-3020
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Turn-Key Liquor Store and Bar

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      Versatile Mixed-Use Property For Sale

      Mixed-use property with income potential, featuring residential and retail spaces.
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    • $80,000
      1,250 SF

      Essex Restaurant - $80K

      Established Chinese eatery, strong profits.
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    Similar Nearby for Lease

    • Contact for pricing
      3,600 SF

      Retail Space Near MVA

      Retail space available for lease near high-traffic MVA.
      1400 Eastern Blvd, Baltimore, MD 21221
      View Details
    • Contact for pricing
      3,342 SF

      Retail Space in Waterview Center

      Retail space available in high-traffic Waterview Town Center.
      117-165 Orville Rd, Essex, MD 21221
      View Details
    • $1,213 /Mo
      17,424 SF

      Retail Space on Eastern Boulevard

      Adaptable retail space available with ample parking in Essex, MD.
      404 Eastern Blvd, Baltimore, MD 21221
      View Details
    • Contact for pricing
      13,126 SF

      Essex Retail Space - 13,000 SF

      High-visibility retail space in prime Essex location.
      1600 Eastern Blvd, Essex, MD 21221
      View Details
    • Contact for pricing

      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
      1800 Earhart Rd, Essex, MD 21221
      View Details
    • Contact for pricing

      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
      107 Orville Rd, Essex, MD 21221
      View Details
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    705 Marlyn Ave
    Essex, MD 21221-5800
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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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