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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Investment properties
10233 Liberty Rd Randallstown, MD 21133-1419
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-2144920
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
1,600 SF
Lot
2.35 ac (102,366 SF)
Zoning code
BL
APN
02-0206100050
UPID
US40-2144920
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
$345k
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$570k
Owner & transaction history
R & J Investments LLC · 11 yrs held
R & J Investments LLC
since 2015
6 recorded transactions
Zoning & alternative use
BL · Randallstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$720,000
+35.5%
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 Randallstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randallstown 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%
$375,000
6.5%
$345,000
7%
$320,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Current use
AUTO REPAIR, GARAGE
$720,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$356 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,951
Tax year 2023
Assessed value
$322,000
Assessed 2023
Previous assessed
$322,000
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$227,000
Assessed improvement
$95,000
Land market value
$227,000
Improvement market value
$95,000
Total market value
$322,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
1,600 SF
Lot
2.35 ac (102,366 SF)
Zoning code
BL
APN
02-0206100050
UPID
US40-2144920
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Randallstown, MD
Zoning BL · permitted uses
BL · Randallstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randallstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$720,000
COMMERCIAL (GENERAL) 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
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
R & J Investments LLC
Entity
Mailing address
1107 HANDY AVE, BALTIMORE, MD 21228-2820
Ownership since
2015
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
Feb 10, 2015
$225,000
R & J Investments LLC
Goldberg Stephen
Grant Deed
related
$225,000 · Ramadan & Jihad Zablah
Dec 5, 2006
$400,000
Miles Bellamy
Dreisch,kimberly
Grant Deed
$284,750 · Zions First National Bank
Jun 28, 2000
$207,000
Kimberly Dreisch
Chapman,michael H
Grant Deed
$168,000 · Allfirst Bank
—
—
Miles B Bellamy
—
Deed Of Trust
related
$237,000 · Chesapeake Business Fin'l Corp
—
—
Kimberly A Parson
—
Deed Of Trust
related
$275,000 · Allfirst Bank
—
—
Mary T Chapman
—
Deed Of Trust
related
$87,000 · Nationsbank
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.
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