Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Resort Rd Marriottsville, MD 21104

    • Commercial real estate
    • 4.17 lot acres
    OFF-MARKET
    Last Sale
    May 05, 2022
    $12,410,232
    Value Estimations
    $9,735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1837638
    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 real estate

    Property Details for Resort Rd

    Lot size
    4.17 lot acres
    Zone code
    PGCC
    Property type
    Commercial real estate
    APN
    03-594583
    APU
    3594583

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,735,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marriottsville
    County
    Howard
    State
    Maryland
    Longitude
    -76.8983
    Latitude
    39.2998
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,568 SF

      2600 Longstone Lnb1

      COMMERCIAL CONDOMINUIM • 1,568 SF
      2600 Longstone Lnb1, Marriottsville, MD 21104-1528
      View Details
    • Value Estimation by Request
      1,581 SF

      2400 Longstone Lnc12

      COMMERCIAL CONDOMINUIM • 1,581 SF
      2400 Longstone Lnc12, Marriottsville, MD 21104-1531
      View Details
    • Value Estimation by Request
      1,387 SF

      2600 Longstone Lnb9

      COMMERCIAL CONDOMINUIM • 1,387 SF
      2600 Longstone Lnb9, Marriottsville, MD 21104-1528
      View Details
    • Value Estimation by Request
      1,227 SF

      2500 Wallington Wayd14

      COMMERCIAL CONDOMINUIM • 1,227 SF
      2500 Wallington Wayd14, Marriottsville, MD 21104-1505
      View Details
    • Value Estimation by Request
      1,054 SF

      2500 Wallington Wayd12

      COMMERCIAL CONDOMINUIM • 1,054 SF
      2500 Wallington Wayd12, Marriottsville, MD 21104-1505
      View Details
    • Value Estimation by Request
      1,529 SF

      11025 Stratfield Ctbp-o

      COMMERCIAL CONDOMINUIM • 1,529 SF
      11025 Stratfield Ctbp-o, Marriottsville, MD 21104-1646
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,936 SF

      Townhome Style Office Space

      Office space featuring two bathrooms and various amenities.
      11120 Dovedale Ct, Marriottsville, MD 21104
      View Details
    • $425,000
      3.75 Acres

      Marriottsville Land for Custom Home

      3.75 acre lot near amenities, build your dream home.
      1795 Marriottsville Rd, Marriottsville, MD 21104
      View Details
    • Contact for pricing
      144.63 Acres

      Marriottsville Office Space - 145 Acres

      Prime Office Space, Rural Setting, Ample Parking
      1505 Marriottsville Rd, Marriottsville, MD 21104
      View Details
    • $647,000

      Specialty Property for Sale

      Specialty property available for purchase.
      3904 Wards Chapel Rd, Marriottsville, MD 21104
      View Details
    • $670,000

      Ellicott City Specialty Property

      Specialty property available for sale in Ellicott City.
      2350 Adam David Way, Ellicott City, MD 21104
      View Details
    • $235,000
      3.01 Acres

      Marriottsville Land Ready to Build

      Buildable lot near Liberty Watershed, ideal for outdoor enthusiasts.
      Snowden Creek Rd, Marriottsville, MD 21104
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      8,584 SF

      Marriottsville Office Space For Rent

      Office space available for lease in Marriottsville, Maryland.
      11115-11145 Stratfield Ct, Marriottsville, MD 21104
      View Details
    • Contact for pricing
      1,240 SF

      Office Space Near Marriottsville Road

      Office space with signage and access to amenities and highways.
      2470 Longstone Ln, Marriottsville, MD 21104
      View Details
    • $475 /Mo

      Executive Office Space For Rent

      First-class office space in a beautiful rural setting.
      1505 Marriottsville Rd, Marriottsville, MD 21104
      View Details
    • $19 SF/Yr
      24,000 SF

      Marriottsville Office Space Available

      Office space available for lease in Marriottsville, Maryland.
      2205 Warwick Way, Marriottsville, MD 21104
      View Details
    • $18 SF/Yr
      1,406 SF

      Office Space in Waverly Corporate

      Office space for lease in Marriottsville's Waverly Corporate Park.
      2500 Wallington Way, Marriottsville, MD 21104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Resort Rd
    Marriottsville, MD 21104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.