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Property profile & analytics
FOR LEASE
Office buildings
103 Bata Blvd Belcamp, MD 21017
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-1018709
For Lease
1 / 2
Contact for pricing
103 Bata Blvd, Belcamp, MD 21017
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Total area
24,232 SF
Lot
2.17 ac (94,525 SF)
Zoning code
CI
APN
01-308661
UPID
US40-1018709
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
-
Amanda Kathleen Kelly , C.R.N.P. Pediatrician Physician
-
Vera Brown, MD Pediatrician Medical Clinic
-
Johns Hopkins At Water's Edge: Solon Michael MD Physician
-
Johns Hopkins Pedaitric Cardiology Pediatrician Medical Clinic
-
Elizabeth Johnson Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.08M
Blend (final)
Blend
$6.01M
Owner & transaction history
Chct Maryland LLC · 4 yrs held
Chct Maryland LLC
since 2021
Last sale
$5.5M
6 recorded transactions
Zoning & alternative use
CI · Belcamp, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+73.0%
Auto repair, garage
$7.6M
+54.8%
Retail stores
$6.0M
+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 Belcamp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belcamp 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
$7,140,000
ML approach
$6,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,890,000
Current use
RESTAURANT
$8,465,000
Change: +73% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,575,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$6,040,000
Change: +24% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,550,000
Change: +13% · Conversion: Easy
WAREHOUSE, STORAGE
$4,300,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$6.01M
Range $5.40M – $6.61M · ±10% · vs last sale $5.54M (Sep 2 2021)
Last sale anchor
$5.54M
Sep 2 2021
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
$248 / 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
$32,517
Tax year 2022
Assessed value
$3,013,500
Assessed 2023
Previous assessed
$2,983,467
+1.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$667,000
Assessed improvement
$2,346,500
Land market value
$667,000
Improvement market value
$2,346,500
Total market value
$3,013,500
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
2009
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
24,232 SF
Lot
2.17 ac (94,525 SF)
Zoning code
CI
APN
01-308661
UPID
US40-1018709
Jurisdiction
HARFORD
Zoning & alternative use
CI · Belcamp, MDZoning CI · permitted uses
CI · Belcamp, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.9M
RESTAURANT
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$7.6M
RETAIL STORES
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$4.3M
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
2009
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2.17 ac
Current owner
From public records · entity-resolved
Chct Maryland LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Ownership since
2021
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
Sep 2, 2021
$5,537,700
Chct Maryland LLC
Bata Group LLC
Special Warranty Deed
—
Apr 3, 2019
$5,350,000
Bata Group LLC
103 Bata Blvd LLC
Grant Deed
$4,102,000 · Union Bk&tr
Oct 6, 2008
$303,670
103 Bata Blvd LLC
Waters Edge Corporate Campus LLC
Deed
$4,600,000 · Manufacturers & Traders Trust Co
Feb 26, 2003
—
Bata Boulevard LLC
—
Trustees Deed
related
—
Apr 19, 2002
$72,000
101 Bata Boulevard LLC
Waters Edge Corporate Campus
Grant Deed
$750,000 · Farmers Bank Of Maryland
Sep 22, 1999
$3,603,494
Waters Edge Corp Campus LLC
Bata Shoe Co INC
Grant Deed
$3,467,695 · Seller
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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