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    Property profile & analytics

    8241 Perry Hall Blvd Baltimore, MD 21236-5033

    • Drive through restaurants
    • 3,258 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    $2,085,000
    Last Sale
    Jun 30, 2022
    $2,100,000
    Location Intelligence
    Property ID
    US40-1237785
    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

    • The Apothecarium Dispensary of Nottingham / Cannabis Store

    Property Details for 8241 Perry Hall Blvd

    Construction
    BRICK
    Lot size
    1.21 lot acres
    Property size
    3,258 SF
    Zone code
    BM
    Property type
    Drive through restaurants
    APN
    14-2200021804
    APU
    142200021804

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,110,000
      6.5%
      $2,040,000
      7%
      $2,220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,125,000
      Geo Method
      $2,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,425,000
      Retail
      $2,185,000
      Mixed-Use
      $2,205,000
      Hospitality
      $2,100,000
      Educational
      $2,150,000
      Residential Income
      $2,120,000
      Energy
      $1,855,000
      Income-Based Land
      $2,050,000
      Food Service
      $1,980,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4715
    Latitude
    39.3772
    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
    $12,062
    $1,210,000
    $660,100
    $1,870,100
    -
    $1,210,000
    $660,100
    $1,870,100

    Comparable in this City

    • Value Estimation by Request
      2,200 SF

      5341 Campbell Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,200 SF
      5341 Campbell Blvd, Baltimore, MD 21236-5029
      View Details
    • Value Estimation by Request
      2,053 SF

      8910 Belair Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,053 SF
      8910 Belair Rd, Baltimore, MD 21236-2405
      View Details
    • Value Estimation by Request
      2,544 SF

      7933 Belair Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,544 SF
      7933 Belair Rd, Baltimore, MD 21236-3705
      View Details
    • Value Estimation
      $1,865,000
      2,479 SF

      9114 Belair Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,479 SF
      9114 Belair Rd, Baltimore, MD 21236-1601
      View Details
    • Value Estimation by Request
      1,974 SF

      8475 Cordon Way

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,974 SF
      8475 Cordon Way, Nottingham, MD 21236-4976
      View Details
    • Value Estimation
      $340,000
      1,540 SF

      7924 Belair Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,540 SF
      7924 Belair Rd, Baltimore, MD 21236-3706
      View Details

    Similar Nearby for Sale

    • $3,300,000

      Commercial Building with Development Potential

      Commercial building with two residential properties and high-traffic location.
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    • $2,190,000
      7,200 SF

      Belair Road Retail Space - Nottingham, MD

      Prime Retail Space, High Traffic Area, Ample Parking
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      Retail Property in Baltimore, MD

      Retail property for sale in Baltimore, Maryland.
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    • $949,900

      Commercial Property Near I-695 Beltway

      Well-maintained, fully leased commercial property with high visibility and immediate rental income.
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      Baltimore Commercial Property For Sale

      Well-maintained commercial property with high visibility and immediate rental income.
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    • New
      $1,849,000
      0.24 Acres

      Prime Retail Space on Belair

      Excellent condition, high-traffic location, ideal for diverse businesses.
      8711 Belair Rd, Nottingham, MD 21236
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    Similar Nearby for Lease

    • Contact for pricing
      9,520 SF

      Retail End Cap with Drive-Thru

      9,520 SF retail space with drive-thru in White Marsh.
      5371 Campbell Blvd, Baltimore, MD 21236
      View Details
    • Contact for pricing
      3,196 SF

      Retail Spaces at Belair Road

      Retail spaces available in grocery-anchored shopping center.
      7960-7972 Belair Rd, Baltimore, MD 21236
      View Details
    • $3,000 /Mo

      Belair Road Commercial Suite

      Commercial suite for lease, ideal for salon, retail, or office.
      7718 Belair Rd, Nottingham, MD 21236
      View Details
    • $16 SF/Yr
      12,000 SF

      Joppa Corner Square Offices

      Perry Hall medical & office suites
      4134 Joppa Rd, Nottingham, MD 21236
      View Details
    • $2,000 /Mo
      13,504 SF

      Belair Road Office/Retail Space

      High-visibility 1,360 SF office/retail space on Belair Road.
      9309 Belair Rd Unit, Nottingham, MD 21236
      View Details
    • $1,910 /Mo
      1,000 SF

      Retail Space in Busy Center

      Move-in ready retail space in a high-traffic shopping center.
      4138 E Joppa Rd, Nottingham, MD 21236
      View Details
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    Baltimore, MD 21236-5033
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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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