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    Property profile & analytics

    8309 Cherry Ln, Unit 9 Laurel, MD 20707-4830

    • Office Properties & Spaces
    • 1,473 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    May 16, 2022
    $215,000
    Location Intelligence
    Property ID
    US40-1416644
    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

    • Living Gospel Outreach Church International Home / Church
    • Rapteez Studios / Clothing Store / Photography Studio
    • Montgomery Citizens For A Safer Maryland / Non-Profit Organization

    Property Details for 8309 Cherry Ln

    Year built
    1986
    Lot size
    0.15 lot acres
    Property size
    1,473 SF
    Zone code
    LAUR
    Property type
    Office Properties & Spaces
    APN
    10-1040732
    APU
    101040732

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $150,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $130,000
      Retail
      $135,000
      Mixed-Use
      $120,000
      Hospitality
      $140,000
      Educational
      $135,000
      Residential Income
      $125,000
      Energy
      $150,000
      Income-Based Land
      $165,000
      Food Service
      $125,000

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8634
    Latitude
    39.0921
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $3,521
    $91,800
    $121,700
    $213,500
    -
    $91,800
    $121,700
    $213,500

    Comparable in this City

    • Value Estimation by Request
      2,947 SF

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      901 SF

      300 Thomas Dr Ste F3

      CONDOMINIUM OFFICES • 901 SF
      300 Thomas Dr Ste F3, Laurel, MD 20707-4700
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    • Value Estimation by Request
      880 SF

      300 Thomas Dr

      CONDOMINIUM OFFICES • 880 SF
      300 Thomas Dr, Laurel, MD 20707-4700
      View Details
    • Value Estimation by Request
      1,488 SF

      14201 Park Ctr Dr Ste, Unit 404

      CONDOMINIUM OFFICES • 1,488 SF
      14201 Park Ctr Dr Ste, Laurel, MD 20707-5251
      View Details
    • Value Estimation by Request
      1,488 SF

      14201 Park Ctr Dr Ste, Unit 407

      CONDOMINIUM OFFICES • 1,488 SF
      14201 Park Ctr Dr Ste, Laurel, MD 20707-5251
      View Details
    • Value Estimation by Request
      2,130 SF

      7350 Van Dusen Rd Ste, Unit 470

      CONDOMINIUM OFFICES • 2,130 SF
      7350 Van Dusen Rd Ste, Laurel, MD 20707-5232
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.06 Acres

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    Similar Nearby for Lease

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    • $3,000 /Mo
      2,178 SF

      Laurel Office Suite For Lease

      Well-maintained office suite in North Laurel, MD available for lease.
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      Remodeled Commercial Space in Laurel

      Modern, versatile commercial space in historic Laurel, suitable for various businesses.
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      Turnkey Office in Laurel Business District

      Freestanding office building with furniture, ready for immediate occupancy.
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      Laurel Office Space Available

      Office space available for lease in Laurel, Maryland.
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      View Details
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    8309 Cherry Ln, Unit 9
    Laurel, MD 20707-4830
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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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