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    Property profile & analytics

    Rte 1st 1 Laurel, MD 20723

    • Motels
    • 7,008 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1767962
    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

    • Motels

    Property Details for Rte 1st 1

    Year built
    1953
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.05 lot acres
    Property size
    7,008 SF
    Zone code
    CACLI
    Property type
    Motels
    APN
    06-415113
    APU
    6415113

    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
    -76.8402
    Latitude
    39.1063
    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
    $15,289
    $0.00
    $0.00
    $1,371,667
    -
    $548,800
    $829,800
    $1,378,600

    Comparable in this City

    • Value Estimation by Request
      30,150 SF

      9920 Washington N Blvd

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    • Value Estimation by Request
      21,112 SF

      9700 Washington N Blvd

      MOTEL • 21,112 SF
      9700 Washington N Blvd, Laurel, MD 20723-1360
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    • Value Estimation by Request
      46,958 SF

      10127 2nd St

      HOTEL • 46,958 SF
      10127 2nd St, Laurel, MD 20723
      View Details
    • Value Estimation by Request
      6.56 Acres

      9890 Palace Hall Dr

      VACANT COMMERCIAL LAND • 6.56 Acres
      9890 Palace Hall Dr, Laurel, MD 20723
      View Details
    • Value Estimation by Request
      0.02 Acres

      Scaggsville Rd

      INDUSTRIAL (GENERAL) • 0.02 Acres
      Scaggsville Rd, Laurel, MD 20723
      View Details
    • Value Estimation by Request
      0.17 Acres

      1st St

      VACANT COMMERCIAL LAND • 0.17 Acres
      1st St, Laurel, MD 20723
      View Details

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      Established Bakery Business Opportunity

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      10,000 SF

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      Retail properties with excellent access between Baltimore and DC.
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      153,838 SF

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      View Details
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    Rte 1st 1
    Laurel, MD 20723
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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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