New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Office buildings
101 Main St, Bel Air, MD 21014-3568
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-1275033
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Total area
5,134 SF
Lot
0.86 ac (37,635 SF)
Zoning code
B2A
APN
03-011321
UPID
US40-1275033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Office of Family Court Services County Court
-
Sunny Day Cafe Restaurant
-
Office of Child Support County Government Office
-
Education MD State Dept: Natural Resources Social Service Agency Charitable Organization
-
Carol A. Deel & Associates Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.30M
Owner & transaction history
Harrisons Realty Management LLC · 21 yrs held
Harrisons Realty Management LLC
since 2004
4 recorded transactions
Zoning & alternative use
B2A · Bel Air, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+62.9%
Auto repair, garage
$1.6M
+45.7%
Retail stores
$1.3M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,100,000
Current use
RESTAURANT
$1,795,000
Change: +63% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,605,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,165,000
Change: +6% · Conversion: Easy
WAREHOUSE, STORAGE
$910,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$253 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$33,036
Tax year 2022
Assessed value
$3,620,633
Assessed 2023
Previous assessed
$3,465,400
+4.5% YoY
Effective rate
0.91%
On assessed value
Land market value
$676,300
Improvement market value
$3,254,800
Total market value
$3,931,100
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
2
Units
6
Bathrooms
1
Total area
5,134 SF
Lot
0.86 ac (37,635 SF)
Zoning code
B2A
APN
03-011321
UPID
US40-1275033
Jurisdiction
HARFORD
Zoning & alternative use
B2A · Bel Air, MD
Zoning B2A · permitted uses
B2A · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$910,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
6
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Harrisons Realty Management LLC
Entity
Mailing address
101 N MAIN ST STE B, BEL AIR, MD 21014-3568
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2004
—
Harrisons Realty Management LLC
Harrison,george F JR & Cora R
Quit Claim Deed
related
$1,615,000 · Spenceola Main Street Center LLC
—
—
Harrisons Realty Management LLC
—
Deed Of Trust
related
$450,000 · Branch Banking & Trust Co
—
—
Harrison Realty Management LLC
—
Deed Of Trust
related
$2,950,000 · Branch Banking & Trust Co
—
—
Harrisons Realty Mgmt LLC
—
Deed Of Trust
related
$4,000,000 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
