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    Property profile & analytics

    8308 Main St Ellicott City, MD 21043-4601

    • Turn key restaurants
    • 6,696 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $1,835,000
    Last Sale
    Jun 12, 2020
    $2,000,000
    Location Intelligence
    Property ID
    US40-1386739
    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

    • Turn key restaurants

    Property Details for 8308 Main St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    6,696 SF
    Zone code
    HC
    Property type
    Turn key restaurants
    APN
    02-376113
    APU
    2376113

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,155,000
      6.5%
      $1,970,000
      7%
      $2,060,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,750,000
      Geo Method
      $1,925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,990,000
      Retail
      $2,165,000
      Mixed-Use
      $1,810,000
      Hospitality
      $1,640,000
      Educational
      $2,015,000
      Residential Income
      $2,090,000
      Energy
      $1,865,000
      Income-Based Land
      $1,735,000
      Food Service
      $2,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.7994
    Latitude
    39.2681
    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
    $13,724
    $314,300
    $1,016,100
    $1,330,400
    -
    $314,300
    $1,016,100
    $1,330,400

    Comparable in this City

    • Value Estimation
      $3,775,000
      5,616 SF

      4900 Executive Park Dr

      RESTAURANT • 5,616 SF
      4900 Executive Park Dr, Ellicott City, MD 21043-7917
      View Details
    • Value Estimation
      $1,890,000
      5,455 SF

      4470 Long Gate Pkwy

      RESTAURANT • 5,455 SF
      4470 Long Gate Pkwy, Ellicott City, MD 21043-5005
      View Details
    • Value Estimation by Request
      3,045 SF

      8180 Main St

      RESTAURANT • 3,045 SF
      8180 Main St, Ellicott City, MD 21043-4619
      View Details
    • Value Estimation
      $3,400,000
      6,314 SF

      4430 Long Gate Pkwy

      RESTAURANT • 6,314 SF
      4430 Long Gate Pkwy, Ellicott City, MD 21043-5005
      View Details
    • Value Estimation
      $1,055,000
      5,061 SF

      6 Oella Ave

      RESTAURANT • 5,061 SF
      6 Oella Ave, Ellicott City, MD 21043-4705
      View Details
    • Value Estimation by Request
      6,776 SF

      3747 Old Columbia Pike

      RESTAURANT • 6,776 SF
      3747 Old Columbia Pike, Ellicott City, MD 21043-4883
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Prime Ellicott City Retail Opportunity
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      Prime Ellicott City Office, 4,747 SF Available
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      View Details
    • $2,400 /Mo
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      Ellicott City Office Space Available

      Professional office space in historic Ellicott City with ample parking.
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      View Details
    • $1,500 /Mo

      Ellicott City Office Condominium

      Office condominium with meeting room, reception area, and highway access.
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    • $22 SF/Yr
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      Turn Key Office Space

      Office space near courthouse and downtown Ellicott City.
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    • $2,300 /Mo
      1,153 SF

      Updated Condo in Ellicott City

      Renovated 3-bedroom, 2-bath condo with modern amenities and convenient location.
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      View Details
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    8308 Main St
    Ellicott City, MD 21043-4601
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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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