Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8109 Ft Smallwood Rd Baltimore, MD 21226-1917

    • Drive through restaurants
    • 855 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1506209
    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

    • Drive through restaurants

    Property Details for 8109 Ft Smallwood Rd

    Construction
    BRICK
    Lot size
    0.23 lot acres
    Property size
    855 SF
    Zone code
    C3
    Property type
    Drive through restaurants
    APN
    03-205-27883200
    APU
    320527883200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $326,000
      Market price range: $81.3k - $327k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $195,000
      Current use
      COMMERCIAL (GENERAL)
      $400,000
      Change: +106% Conversion: Easy
      AUTO REPAIR, GARAGE
      $195,000
      Change: +1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5298
    Latitude
    39.1675
    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
    $2,713
    $177,500
    $70,900
    $248,400
    -
    $177,500
    $70,900
    $248,400

    Comparable in this City

    • Value Estimation
      $280,000
      3,114 SF

      4901 Pennington Ave

      BAR, TAVERN • 3,114 SF
      4901 Pennington Ave, Baltimore, MD 21226-1423
      View Details
    • Value Estimation by Request
      1,460 SF

      7320 Ft Smallwood Rd

      RESTAURANT • 1,460 SF
      7320 Ft Smallwood Rd, Baltimore, MD 21226-1716
      View Details
    • Value Estimation
      $275,000
      5,080 SF

      4600 Curtis Ave

      BAR, TAVERN • 5,080 SF
      4600 Curtis Ave, Baltimore, MD 21226-1308
      View Details
    • Value Estimation
      $410,000
      6,784 SF

      4221 Curtis Ave

      BAR, TAVERN • 6,784 SF
      4221 Curtis Ave, Baltimore, MD 21226-1304
      View Details
    • Value Estimation
      $385,000
      5,424 SF

      5520 Pennington Ave

      BAR, TAVERN • 5,424 SF
      5520 Pennington Ave, Baltimore, MD 21226-1624
      View Details
    • Value Estimation
      $55,000
      2,272 SF

      5014 Curtis Ave

      RESTAURANT • 2,272 SF
      5014 Curtis Ave, Baltimore, MD 21226-1417
      View Details

    Similar Nearby for Sale

    • $825,000

      Established Auto Body Shop For Sale

      Turn-key auto body shop in high-traffic area, ready to operate.
      8012 Fort Smallwood Rd, Baltimore, MD 21226
      View Details
    • Contact for pricing
      3,200 SF

      Retail Property Near Downtown Baltimore

      Retail property with outdoor storage, convenient access to major routes.
      4100 Pennington Ave, Curtis Bay, MD 21226
      View Details
    • $899,900
      0.53 Acres

      Prime Baltimore Commercial Land

      High-traffic location, turnkey auto shop
      8012 Ft Smallwood Rd, Riviera Beach, MD 21226
      View Details
    • $185,000

      Corner Property Near Amazon Facility

      Investment opportunity with residential or commercial potential near Amazon.
      4718 Curtis Ave, Baltimore, MD 21226
      View Details
    • $499,900

      Baltimore Property for Sale

      Baltimore property available for sale.
      7925 E End Dr, Baltimore, MD 21226
      View Details
    • Contact for pricing
      50,849 SF

      Stand Alone Office Building

      Stand-alone office building with 219 parking spaces on 13 acres.
      1005 Brandon Shores Rd, Baltimore, MD 21226
      View Details

    Similar Nearby for Lease

    • $1,980 /Mo

      Renovated Commercial Space in Baltimore

      Versatile, renovated commercial space suitable for various businesses.
      5102 Curtis Ave Ave, Baltimore, MD 21226
      View Details
    • Contact for pricing

      Paved, Fenced, Secured Lot

      Paved, fenced, and secured lot with highway access.
      7601 Energy Pkwy, Baltimore, MD 21226
      View Details
    • Contact for pricing

      Five Acre Industrial Land Parcel

      Five acre industrial land available for rent in Baltimore.
      3501 Shell Rd, Baltimore, MD 21226
      View Details
    • $7 SF/Yr
      63,250 SF

      Warehouse Space with Office

      Class A warehouse space available for sublease in Baltimore.
      4601 Curtis Ave, Baltimore, MD 21226
      View Details
    • Contact for pricing
      5,725 SF

      Curtis Bay Warehouse Space

      5,725 SF warehouse space available for lease.
      7609 Energy Pkwy, Curtis Bay, MD 21226
      View Details
    • $6 SF/Yr
      140,325 SF

      Baltimore Industrial Property

      Prime Warehouse & Distribution Space
      5501 Pennington Ave, Baltimore, MD 21226
      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.
    8109 Ft Smallwood Rd
    Baltimore, MD 21226-1917
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.