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Property profile & analytics
FOR LEASE
Retail space
10164 Baltimore National Pike Ellicott City, MD 21042
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1097857
For Lease
1 / 2
$4,350,000
10164 Baltimore National Pike, Ellicott City, MD 21042
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
WOOD
Total area
15,100 SF
Lot
2.72 ac (118,396 SF)
Zoning code
B1
APN
02-218461
UPID
US40-1097857
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
Centennial Crossing LLC · 12 yrs held
Centennial Crossing LLC
since 2014
6 recorded transactions
Zoning & alternative use
B1 · Ellicott City, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+23.5%
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 Ellicott City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellicott City 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
RETAIL STORES
$4,510,000
Current use
AUTO REPAIR, GARAGE
$5,565,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±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
$288 / 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
$65,292
Tax year 2022
Assessed value
$6,011,900
Assessed 2023
Previous assessed
$5,798,600
+3.7% YoY
Effective rate
1.09%
On assessed value
Land market value
$2,959,700
Improvement market value
$3,265,500
Total market value
$6,225,200
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2014
Construction
WOOD
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
2
Total area
15,100 SF
Lot
2.72 ac (118,396 SF)
Zoning code
B1
APN
02-218461
UPID
US40-1097857
Jurisdiction
HOWARD
Zoning & alternative use
B1 · Ellicott City, MD
Zoning B1 · permitted uses
B1 · Ellicott City, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellicott City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2014
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
2
Lot
2.72 ac
Current owner
From public records · entity-resolved
Centennial Crossing LLC
Entity
Mailing address
8480 BALTIMORE NATIONAL PIKE, ELLICOTT CITY, MD 21043-3369
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2014
$5,168,000
Centennial Crossing LLC
Hardy Management Co
Grant Deed
related
—
Jun 11, 2008
$5,168,000
Centennial Crossing LLC
Hardy Management
Deed Of Trust
related
$3,395,000 · Columbia Bank
May 6, 2008
—
Hardy Management Co INC
—
Deed Of Trust
related
$195,000,000 · Ableco Finance LLC
—
—
Macro Holdings Of Ellicott Cit
—
Deed Of Trust
related
$282,000 · Business Fin Grp
—
—
Macro Holdings Of Ellicott City L
—
Deed Of Trust
related
$340,000 · Sandy Spring Bk
—
—
Macro Holdings Of Ellicott City L
—
Deed Of Trust
related
$272,000 · Sandy Spring Bk
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?”
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