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    Property profile & analytics

    9800 Canadian Way Laurel, MD 20708

    • Commercial land
    • 2.82 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 21, 2023
    $2,500,000
    Location Intelligence
    Property ID
    US40-2235093
    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

    • Commercial land

    Property Details for 9800 Canadian Way

    Lot size
    2.82 lot acres
    Zone code
    CGO
    Property type
    Commercial land
    APN
    10-3309218
    APU
    103309218

    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
    Prince George's
    State
    Maryland
    Longitude
    -76.8366
    Latitude
    39.0568
    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
    $8,195
    $737,000
    $0.00
    $737,000
    -
    $737,000
    $0.00
    $737,000

    Comparable in this City

    • Value Estimation by Request
      1.38 Acres

      12513 Laurel Bowie Rd

      VACANT COMMERCIAL LAND • 1.38 Acres
      12513 Laurel Bowie Rd, Laurel, MD 20708-2635
      View Details
    • Value Estimation by Request
      3.48 Acres

      Laurel Bowie Rd

      VACANT COMMERCIAL LAND • 3.48 Acres
      Laurel Bowie Rd, Laurel, MD 20708
      View Details
    • Value Estimation by Request
      0.76 Acres

      11618 Laurel Bowie Rd

      VACANT COMMERCIAL LAND • 0.76 Acres
      11618 Laurel Bowie Rd, Laurel, MD 20708-9742
      View Details
    • Value Estimation by Request
      4.73 Acres

      Cedarhurst Dr

      INDUSTRIAL (GENERAL) • 4.73 Acres
      Cedarhurst Dr, Laurel, MD 20708
      View Details
    • Value Estimation by Request
      15,424 SF

      9201 Cherry Ln

      MEDICAL BUILDING • 15,424 SF
      9201 Cherry Ln, Laurel, MD 20708
      View Details
    • Value Estimation by Request
      925 SF

      9101 Cherry Ln, Unit 201

      CONDOMINIUM OFFICES • 925 SF
      9101 Cherry Ln, Laurel, MD 20708-1133
      View Details

    Similar Nearby for Sale

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      1.38 Acres

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    • $250,000
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      Undeveloped land requiring connection to public water and sewer systems.
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    • New
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    • $139,000

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      Land suitable for building a custom home in Laurel, MD.
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      Specialty property for sale in Laurel, Maryland.
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    Similar Nearby for Lease

    • Contact for pricing
      2,495 SF

      Laurel Retail Space For Lease

      72,000 SF shopping center at Contee and Laurel Bowie Road.
      13200 Laurel Bowie Rd, Laurel, MD 20708
      View Details
    • $155,000
      7,000 SF

      Retail Pad Site on Route 197

      Retail space with excellent visibility and access on Laurel Bowie Road.
      13600 Laurel Bowie Rd, Laurel, MD 20708
      View Details
    • Contact for pricing
      72,000 SF

      Laurel Town Center Retail Spaces

      Prime Laurel, MD Retail Opportunity
      13200 Laurel - Bowie Rd, Laurel, MD 20708
      View Details
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    9800 Canadian Way
    Laurel, MD 20708
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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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