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    Property profile & analytics

    8 Seminary Ave Lutherville Timonium, MD 21093-6100

    • Office buildings
    • 210 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Jan 22, 2021
    Location Intelligence
    Property ID
    US40-1502105
    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

    • Angela's Elite Elopements / Wedding Service / Service Establishment
    • ZBA Group / Property Management Company
    • Hurd Jr Edwin M DDS / Dentist
    • Basement Finishing by BasementRemodeling.com / General Contractor / Remodeler
    • Active Life Acupuncture / Acupuncture Clinic

    Property Details for 8 Seminary Ave

    Year built
    1953
    Construction
    BRICK
    Lot size
    0.35 lot acres
    Property size
    210 SF
    Zone code
    RO
    Property type
    Office buildings
    APN
    08-1600003068
    APU
    81600003068

    Description

    This exceptional 630-square-foot commercial space, located at 8 E Seminary Ave in Timonium, Maryland, 21093, presents a unique opportunity for businesses seeking a flexible and convenient workspace. The property is categorized as a Traditional Office, Coworking, Medical Office, and Creative Office space, making it suitable for a wide range of professional uses. Currently, one unit is available for lease, offering a private entrance and a private bathroom for enhanced privacy and convenience. The unit is located in a basement. The property boasts off-street parking, a significant advantage in a busy area. Its prime location across the street from the Galleria in Timonium ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. The space is professionally managed, ensuring a smooth and efficient leasing experience. The lease commencement date is July 1st, 2023. The monthly rent is $795. This is a commercial property only

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $455,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $460,000
      Mixed-Use
      $450,000
      Hospitality
      $400,000
      Educational
      $525,000
      Residential Income
      $435,000
      Energy
      $415,000
      Income-Based Land
      $400,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Lutherville Timonium
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6158
    Latitude
    39.4209
    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
    $2,142
    $228,100
    $86,000
    $314,100
    -
    $228,100
    $86,000
    $314,100

    Comparable in this City

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      1 Aylesbury Rd

      OFFICE BUILDING • 1,400 SF
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    • Value Estimation by Request
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      2300 York Rd

      OFFICE BUILDING • 10,640 SF
      2300 York Rd, Timonium, MD 21093-2271
      View Details

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    Similar Nearby for Lease

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      Lutherville Timonium Lower-Level Office Space

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    8 Seminary Ave
    Lutherville Timonium, MD 21093-6100
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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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