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    Property profile & analytics

    8820 Citation Rd Baltimore, MD 21221-3101

    • Distribution centers
    • 41,580 SF
    • 2.76 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US40-0864777
    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

    • Grainger Industrial Supply / Abrasives Supplier / Electric Motor Store

    Property Details for 8820 Citation Rd

    Year built
    1975
    Construction
    BRICK
    Lot size
    2.76 lot acres
    Property size
    41,580 SF
    Zone code
    ML-IM
    Property type
    Distribution centers
    APN
    15-1700001394
    APU
    151700001394

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4775
    Latitude
    39.337
    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
    $12,837
    $802,000
    $1,209,800
    $2,011,800
    -
    $802,000
    $1,209,800
    $2,011,800

    Comparable in this City

    • Value Estimation by Request
      57,600 SF

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      DISTRIBUTION WAREHOUSE • 57,600 SF
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    • Value Estimation by Request
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      8841 Kelso Dr

      DISTRIBUTION WAREHOUSE • 41,800 SF
      8841 Kelso Dr, Baltimore, MD 21221-3112
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      1 Nashua Ct

      DISTRIBUTION WAREHOUSE • 27,150 SF
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    • Value Estimation by Request
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      3 Nashua Ct

      DISTRIBUTION WAREHOUSE • 26,100 SF
      3 Nashua Ct, Baltimore, MD 21221-3133
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    • Value Estimation
      $3,300,000
      31,320 SF

      8871 Citation Rd

      DISTRIBUTION WAREHOUSE • 31,320 SF
      8871 Citation Rd, Baltimore, MD 21221-3102
      View Details
    • Value Estimation
      $1,020,000
      77,800 SF

      8840 Kelso Dr

      DISTRIBUTION WAREHOUSE • 77,800 SF
      8840 Kelso Dr, Essex, MD 21221-3184
      View Details

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    Similar Nearby for Lease

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      2,500 SF

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      3,342 SF

      Retail Space in Waterview Center

      Retail space available in high-traffic Waterview Town Center.
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      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
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      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
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      View Details
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    8820 Citation Rd
    Baltimore, MD 21221-3101
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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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