Property profile

8691 Cherry Ln Laurel, MD 20707

OFF-MARKET
Commercial real estate
Property ID
US40-0356772
2,513 SF 0.19 ac lot Built 1986
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1986
Total area 2,513 SF
Lot 0.19 ac (8,228 SF)
Zoning code I1
APN 10-1100338
UPID US40-0356772

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8691 Cherry Ln Laurel, MD 20707-6202
Laurel metro Census 800213 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$24.18M
Blend (final) Blend
$255k

Owner & transaction history

since 2023
5 recorded transactions
2023
$1.0M
2023
$1.0M
2019
$825,000
2000
$451,000
1969
Price N/A

Zoning & alternative use

I1 · Laurel, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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