Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    728 Philadelphia Blvd Aberdeen, MD 21001-3602
    Back to Search
    Property profile & analytics

    728 Philadelphia Blvd Aberdeen, MD 21001-3602

    View on Map
    • Specialty properties
    • 2,653 SF
    • 0.87 lot acres
    Off-Market
    Property ID
    US40-1431672
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Aberdeen Veterinary Clinic / Veterinary Clinic
    • Aberdeen Veterinary Clinic: Stephens Erin DVM / Veterinary Clinic

    Property Details for 728 Philadelphia Blvd

    Year built
    1948
    Construction
    BRICK
    Lot size
    0.87 lot acres
    Property size
    2,653 SF
    Zone code
    B3
    Property type
    Specialty properties
    APN
    02-027356
    APU
    2027356

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Harford
    State
    Maryland
    Longitude
    -76.1761
    Latitude
    39.4981
    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
    2022
    $5,476
    $431,600
    $142,800
    $574,400
    -
    $431,600
    $142,800
    $574,400

    Comparable in this City

    • Value Estimation by Request
      2,873 SF

      302 Bel Air Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,873 SF
      302 Bel Air Ave, Aberdeen, MD 21001-2423
      View Details
    • Value Estimation by Request
      8,688 SF

      811 Classic Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 8,688 SF
      811 Classic Dr, Aberdeen, MD 21001
      View Details
    • Value Estimation by Request
      5,364 SF

      816 Long Dr, Unit 8

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,364 SF
      816 Long Dr, Aberdeen, MD 21001-1132
      View Details
    • Value Estimation by Request
      3,888 SF

      321 Philadelphia Blvd

      FUNERAL HOME • 3,888 SF
      321 Philadelphia Blvd, Aberdeen, MD 21001-3338
      View Details
    • Value Estimation by Request
      3,190 SF

      20 Howard St

      CHARITABLE ORGANIZATION • 3,190 SF
      20 Howard St, Aberdeen, MD 21001-2435
      View Details
    • Value Estimation by Request
      7,200 SF

      821 Old Philadelphia Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,200 SF
      821 Old Philadelphia Rd, Aberdeen, MD 21001-3614
      View Details

    Similar Nearby for Sale

    • $49,000
      0.25 Acres

      Land For Sale, Aberdeen, MD

      Land available for sale in Aberdeen, Maryland.
      Oakdale Ave, Aberdeen, MD 21001
      View Details
    • $900,000
      5,000 SF

      Aberdeen Retail Space - Prime Location

      High-traffic retail space, excellent visibility.
      119 Bel Air Ave, Aberdeen, MD 21001
      View Details
    • Contact for pricing
      0.14 Acres

      Aberdeen Office Building - 0.14 Acres

      Prime Aberdeen office space, ideal for small business.
      Aberdeen, MD 21001
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,149 SF

      Class A Office Space Available

      Office space for rent near Aberdeen Proving Ground.
      209 Research Blvd, Aberdeen, MD 21001
      View Details
    • Contact for pricing
      571,762 SF

      Industrial Property in Aberdeen, MD

      Large industrial space available for lease in Aberdeen, Maryland.
      610 Chelsea Rd, Aberdeen, MD 21001
      View Details
    • Contact for pricing

      Retail Space at Aberdeen XChange

      Retail space available at Aberdeen XChange in Aberdeen, MD.
      834 Old Philadelphia Rd, Aberdeen, MD 21001
      View Details
    • Contact for pricing

      Renovated Office Space in Aberdeen

      Centrally located office space with renovated exterior and on-site parking.
      219 W Bel Air Ave, Aberdeen, MD 21001
      View Details
    • $2,300 /Mo

      Prime Commercial Space in Aberdeen

      Highly visible corner unit ideal for office or retail use.
      136 S Philadelphia Blvd, Aberdeen, MD 21001
      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.
    728 Philadelphia Blvd
    Aberdeen, MD 21001-3602
    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
    728 Philadelphia Blvd, Aberdeen, MD, 21001
    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!