Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    707 Nursery Rd Linthicum, MD 21090-1422
    Property profile & analytics

    707 Nursery Rd, Linthicum, MD 21090-1422

    View on Map
    • Warehouses
    • 3,604 SF
    • 0.46 lot acres
    Off-Market
    Property ID
    US40-0876282
    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
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rundel Cooling & Heating / Hardware & Home Improvement / HVAC Service
    • Arundel Cooling & Heating / HVAC Service / General Contractor

    Property Details for 707 Nursery Rd

    Year built
    1983
    Construction
    BRICK
    Lot size
    0.46 lot acres
    Zone code
    C4
    Property type
    Warehouses
    APN
    05-651-11639400
    APU
    565111639400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 24, 2012 — Nursery Roade Properties LLC Nursery Road Properties LLC Quit Claim Deed —
    Jan 29, 2002 — Nursery Road Properties LLC Vanhorne,john L Grant Deed · related —
    Apr 27, 2001 $105,000 John L Van Horne Houchins,garnett S Grant Deed —
    — — John L Van Horne — Deed Of Trust · related $150k · Commercial & Farmers Bank
    — — John L Vanhorne — Deed Of Trust · related $300k · Farmers & Mechanics Nat'l Bank
    — — Nursery Rd LLC — Deed Of Trust · related $290k · Farmers & Mechanics Bank
    — — Nursery Rd LLC — Deed Of Trust · related $100k · Farmers & Mechanics Bank
    — — Nursey Road Properties LLC — Deed Of Trust · related $100k · Farmers & Mechanics Bank
    — — Nursery Road Properries LLC — Deed Of Trust · related $290k · Farmers & Mechanics Bank
    — — Nursery Road Properties LLC — Deed Of Trust · related $150k · Citizens National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,048,000
      Market price range: $548k - $1.98M
      AI Estimate
      $533,000
      Market price range: $187k - $1.14M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,200,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Linthicum
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6576
    Latitude
    39.2239
    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
    $7,546
    $0.00
    $0.00
    $691,000
    -
    $427,500
    $297,500
    $725,000

    Comparable in this City

    • Value Estimation
      $15,170,000
      105,697 SF

      1745 Nursery Rd

      WAREHOUSE, STORAGE
      1745 Nursery Rd, Linthicum Hts, MD 21090-2906
      View Details
    • Value Estimation by Request
      1,248 SF

      801 Oregon Ave

      WAREHOUSE, STORAGE
      801 Oregon Ave, Linthicum, MD 21090-1410
      View Details
    • Value Estimation
      $2,885,000
      22,050 SF

      717 Wedeman Ave

      WAREHOUSE, STORAGE
      717 Wedeman Ave, Linthicum Hts, MD 21090-1415
      View Details
    • Value Estimation
      $520,000
      2,952 SF

      721 Helen Ave

      WAREHOUSE, STORAGE
      721 Helen Ave, Linthicum, MD 21090-1201
      View Details
    • Value Estimation
      $4,115,000
      32,886 SF

      5203 Raynor Ave

      WAREHOUSE, STORAGE
      5203 Raynor Ave, Linthicum Hts, MD 21090
      View Details
    • Value Estimation by Request
      1,650 SF

      812 Central Ave

      WAREHOUSE, STORAGE
      812 Central Ave, Linthicum Hts, MD 21090-1402
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Building Near BWI Airport

      8,950 SF industrial building with easy highway access.
      823 Elkridge Landing Rd, Linthicum Heights, MD 21090
      View Details
    • $1,430,000

      1.86 Acre Development Opportunity

      1.86 acres near highways, BWI, and Baltimore.
      Linthicum Ln, Linthicum Heights, MD 21090
      View Details
    • Contact for pricing

      BWI Business District Redevelopment Opportunity

      Six-acre commercial land redevelopment opportunity in BWI business district.
      1199 Winterson Rd, Linthicum Heights, MD 21090
      View Details
    • Contact for pricing
      1,500 SF

      Linthicum Heights Office Space For Sale

      Office space with open area, conference room, and kitchen.
      833 Oregon Ave, Linthicum Heights, MD 21090
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,250 SF

      Linthicum Heights Warehouse Space

      22,250 sqft warehouse space available for rent.
      800 Central Ave, Linthicum Heights, MD 21090
      View Details
    • Contact for pricing
      4,057 SF

      Linthicum Flex Space Available

      Flex space with warehouse and distribution potential in Linthicum.
      611 Hammonds Ferry Rd, Linthicum, MD 21090
      View Details
    • Contact for pricing
      17,796 SF

      Linthicum Warehouse Space Available

      17796 square foot warehouse space for rent in Linthicum.
      810 Oregon Ave, Linthicum Heights, MD 21090
      View Details
    • Contact for pricing
      11,725 SF

      Linthicum Heights Warehouse Space Available

      11,725 SF warehouse space with dock loading and high ceilings.
      991 Corporate Blvd, Linthicum Heights, MD 21090
      View Details
    • Contact for pricing
      10,650 SF

      Warehouse with Office Space

      Warehouse with office space available for lease in Linthicum.
      1025 W Nursery Rd, Linthicum, MD 21090
      View Details
    • Contact for pricing
      63,500 SF

      Linthicum Flex/Industrial Space Available

      63,500 SF flex/industrial space for rent in Linthicum.
      808 Barkwood Ct, Linthicum, MD 21090
      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.
    707 Nursery Rd
    Linthicum, MD 21090-1422
    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
    707 Nursery Rd, Linthicum, MD, 21090
    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!