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    Property profile & analytics

    7141 Rdg Rd Hanover, MD 21076

    • Life science properties
    • 8,780 SF
    • 36.61 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 06, 2024
    Location Intelligence
    Property ID
    US40-1345034
    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

    • Life science properties

    Property Details for 7141 Rdg Rd

    Year built
    1968
    Construction
    BRICK
    Lot size
    36.61 lot acres
    Property size
    8,780 SF
    Zone code
    W1A
    Property type
    Life science properties
    APN
    05-000-17231250
    APU
    500017231250

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7039
    Latitude
    39.1842
    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
    $70,348
    $0.00
    $0.00
    $6,442,100
    -
    $5,957,600
    $533,100
    $6,490,700

    Comparable in this City

    • Value Estimation
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      View Details
    • Value Estimation
      $4,050,000
      23,145 SF

      7115 Standard Dr

      R&D FACILITY, LABS, PHARMA • 23,145 SF
      7115 Standard Dr, Hanover, MD 21076-1320
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    • Value Estimation by Request
      312,840 SF

      Dorsey Rd At Airport 100 Way

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    • Value Estimation by Request
      139,424 SF

      7401 Coca Cola Dr

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      7401 Coca Cola Dr, Hanover, MD 21076-1490
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    • Value Estimation
      $6,370,000
      62,871 SF

      7225 Standard Dr

      R&D FACILITY, LABS, PHARMA • 62,871 SF
      7225 Standard Dr, Hanover, MD 21076-1322
      View Details
    • Value Estimation by Request
      22,550 SF

      7266 Park Cir Dr

      R&D FACILITY, LABS, PHARMA • 22,550 SF
      7266 Park Cir Dr, Hanover, MD 21076-1340
      View Details

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      Hanover Land Parcel for Sale

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    7141 Rdg Rd
    Hanover, MD 21076
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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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