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    Property profile & analytics

    8840 Kelso Dr Essex, MD 21221-3184

    • Distribution centers
    • 77,800 SF
    • 4.50 lot acres
    OFF-MARKET
    Value Estimation
    $1,020,000
    Location Intelligence
    Property ID
    US40-1127782
    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

    • Distribution centers

    Property Details for 8840 Kelso Dr

    Year built
    1968
    Construction
    BRICK
    Lot size
    4.50 lot acres
    Property size
    77,800 SF
    Zone code
    ML-IM
    Property type
    Distribution centers
    APN
    15-1700013154
    APU
    151700013154

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $980,000
      6.5%
      $960,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $860,000
      Geo Method
      $915,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $755,000
      Retail
      $940,000
      Mixed-Use
      $1,020,000
      Hospitality
      $935,000
      Educational
      $850,000
      Residential Income
      $775,000
      Energy
      $785,000
      Income-Based Land
      $810,000
      Food Service
      $840,000

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4738
    Latitude
    39.3365
    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
    $25,714
    $1,462,500
    $2,663,400
    $4,125,900
    -
    $1,462,500
    $2,663,400
    $4,125,900

    Comparable in this City

    • Value Estimation by Request
      162,100 SF

      8800 Kelso Dr

      DISTRIBUTION WAREHOUSE • 162,100 SF
      8800 Kelso Dr, Baltimore, MD 21221-3125
      View Details
    • Value Estimation
      $410,000
      8,000 SF

      8901 Citation Rd

      DISTRIBUTION WAREHOUSE • 8,000 SF
      8901 Citation Rd, Baltimore, MD 21221-3104
      View Details
    • Value Estimation
      $645,000
      15,004 SF

      8905 Kelso Dr

      DISTRIBUTION WAREHOUSE • 15,004 SF
      8905 Kelso Dr, Essex, MD 21221-3113
      View Details
    • Value Estimation
      $750,000
      27,000 SF

      6 Nashua Ct

      DISTRIBUTION WAREHOUSE • 27,000 SF
      6 Nashua Ct, Baltimore, MD 21221-3124
      View Details
    • Value Estimation
      $1,300,000
      35,690 SF

      8515 Kelso Dr

      DISTRIBUTION WAREHOUSE • 35,690 SF
      8515 Kelso Dr, Essex, MD 21221-3145
      View Details
    • Value Estimation by Request
      57,600 SF

      7110 Golden Ring Rd

      DISTRIBUTION WAREHOUSE • 57,600 SF
      7110 Golden Ring Rd, Baltimore, MD 21221-3162
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,000 SF

      Essex Warehouse: 22,000 SF

      Spacious warehouse, ideal for various uses.
      8502 Kelso Dr, Essex, MD 21221
      View Details
    • $1,200,000
      14,518 SF

      Warehouse Building Near Major Routes

      14,518 SF warehouse with easy highway access.
      1310 Franklin Ave, Essex, MD 21221
      View Details
    • Contact for pricing
      22,000 SF

      Freestanding Building For Sale

      22,000 SF freestanding building on 2.67 acres.
      8502 Kelso Dr, Essex, MD 21221
      View Details
    • $2,500,000

      Industrial Property for Sale

      Industrial property available for sale in Essex, MD.
      1923 Old Eastern Ave, Essex, MD 21221
      View Details
    • $80,000
      1,250 SF

      Essex Restaurant - $80K

      Established Chinese eatery, strong profits.
      1221 Eastern Blvd, Essex, MD 21221
      View Details
    • $375,000
      2,950 SF

      Essex Retail Space - High Potential

      Versatile Retail Building, Vacant Possession
      412 Eastern Blvd, Essex, MD 21221
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Flex Space with Roll-Up Door

      Flex space available for sublease with existing office and restroom.
      2015 Turkey Point Rd, Essex, MD 21221
      View Details
    • Contact for pricing
      2,203 SF

      Rossville Blvd Retail Space for Lease

      Essex, MD Retail Center - Two Suites Available
      6036 Rossville Blvd, Essex, MD 21221
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space Near MVA

      Retail space available for lease near high-traffic MVA.
      1400 Eastern Blvd, Baltimore, MD 21221
      View Details
    • Contact for pricing
      13,126 SF

      Essex Retail Space - 13,000 SF

      High-visibility retail space in prime Essex location.
      1600 Eastern Blvd, Essex, MD 21221
      View Details
    • Contact for pricing

      Commercial Pad Site and Space

      Pad site and inline space available for lease in Essex.
      1580 Hyde Park Rd, Essex, MD 21221
      View Details
    • Contact for pricing
      3,342 SF

      Retail Space in Waterview Center

      Retail space available in high-traffic Waterview Town Center.
      117-165 Orville Rd, Essex, MD 21221
      View Details
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    Essex, MD 21221-3184
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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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