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    Property profile & analytics

    8801 Freestate Dr Laurel, MD 20723-5817

    • Auto shops
    • 26,861 SF
    • 6.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-0089018
    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

    • CarMax Auctions / Auto Auction
    • Laurel Toyota / Used Car Dealer
    • Sheehy Toyota of Laurel / Car Dealer / Auto Broker
    • Sheehy Toyota of Laurel Service & Parts Department / Auto Repair Shop / Auto Parts Store

    Property Details for 8801 Freestate Dr

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.68 lot acres
    Property size
    26,861 SF
    Zone code
    B2 M1
    Property type
    Auto shops
    APN
    06-563120
    APU
    6563120

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Howard
    State
    Maryland
    Longitude
    -76.8227
    Latitude
    39.1283
    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
    $75,453
    $0.00
    $0.00
    $6,718,267
    -
    $2,350,200
    $4,402,600
    $6,752,800

    Comparable in this City

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      10054 Washington N Blvd

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      900 SF

      10081 2nd St

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      1,864 SF

      9826 Washington N Blvd

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      9595 Lynn Buff Ct

      AUTO REPAIR, GARAGE • 1,440 SF
      9595 Lynn Buff Ct, Laurel, MD 20723-6324
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    • Value Estimation by Request
      2,732 SF

      Washington Blvd

      AUTO REPAIR, GARAGE • 2,732 SF
      Washington Blvd, Laurel, MD 20723
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      12.0k
    • Visitors by month
      10.3k
    • Avg Time on site
      67 min
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    Laurel, MD 20723-5817
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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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