Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
1030 Cromwell Brg Rd Towson, MD 21286-3308
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-2272720
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
BRICK
Total area
2,800 SF
Lot
0.98 ac (42,514 SF)
Zoning code
ML-IM
APN
09-0915640310
UPID
US40-2272720
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
$962k
Blend (final)
Blend
$800k
Owner & transaction history
Route One Forever LLC · 8 yrs held
Route One Forever LLC
since 2017
7 recorded transactions
Zoning & alternative use
ML-IM · Towson, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+12.4%
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 Towson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Towson 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
$575,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$286 / 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
$9,528
Tax year 2023
Assessed value
$1,405,367
Assessed 2023
Previous assessed
$1,384,600
+1.5% YoY
Effective rate
0.68%
On assessed value
Land market value
$587,500
Improvement market value
$859,400
Total market value
$1,446,900
Applied tax rate
9.0000
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
1969
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
2
Total area
2,800 SF
Lot
0.98 ac (42,514 SF)
Zoning code
ML-IM
APN
09-0915640310
UPID
US40-2272720
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Towson, MDZoning ML-IM · permitted uses
ML-IM · Towson, 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
$575,000
AUTO REPAIR, GARAGE
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$515,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1969
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Route One Forever LLC
Entity
Mailing address
2400 YORK RD, TIMONIUM, MD 21093-2239
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
—
Route One Forever LLC
—
Deed
related
$543,879 · First National Bank Of Pennsylvania
Jan 7, 2021
—
Route Oone Forever LLC
—
Deed
related
$1,120,000 · Bank Of America NA
Sep 19, 2017
$1,400,000
Route One Forever LLC
Jax Holdings LLC
Deed
$1,120,000 · First National Bank Of Pennsylvania
Sep 24, 2014
$950,000
Jax Holdings LLC
Cromwell Bridge Road Ptrs LLC
Grant Deed
$442,500 · Farmers & Merchants Nat'l Bk
Jun 25, 2004
$700,000
Cromwell Bridge Road Partners Ll
Orr Corp
Grant Deed
$660,000 · Manufacturers Traders & Trust
—
—
Jax Holdings LLC
—
Deed Of Trust
related
$390,000 · Miscellaneous Govt Agcy
—
—
Jax Holdings LLC
—
Deed Of Trust
related
$100,000 · Miscellaneous Govt Agcy
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 1030 Cromwell Brg Rd?
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.