New search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
1049 Dorsey Rd, Glen Burnie, MD 21061-3208
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0187572
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Construction
BRICK
Total area
973 SF
Lot
0.54 ac (23,317 SF)
Zoning code
W2
APN
05-322-06085400
UPID
US40-0187572
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
-
CSAARTS Business Networking Company
-
CSA parking & storage Parking Lot & Garage
-
DomeliC Marketing & Advertising IT Consulting Firm
-
Dorsey Wellness Alternative Medicine Practice Spa & Massage Center
-
Automotive Tech Solutions LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$429k
Blend (final)
Blend
$580k
Owner & transaction history
Dorsey Ten LLC · 5 yrs held
Dorsey Ten LLC
since 2021
Last sale
$640,000
3 recorded transactions
Zoning & alternative use
W2 · Glen Burnie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$415,000
+91.4%
Retail stores
$405,000
+86.4%
Medical building
$355,000
+64.7%
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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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
AUTO REPAIR, GARAGE
$415,000
Change: +91% · Conversion: Difficult
RETAIL STORES
$405,000
Change: +86% · Conversion: Moderate
MEDICAL BUILDING
$355,000
Change: +65% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $640k (Jul 2 2021)
Last sale anchor
$640k
Jul 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
$596 / 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
$4,808
Tax year 2023
Assessed value
$440,300
Assessed 2023
Previous assessed
$414,500
+6.2% YoY
Effective rate
1.09%
On assessed value
Land market value
$185,700
Improvement market value
$306,200
Total market value
$491,900
Applied tax rate
5.0000
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
1953
Construction
BRICK
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
4
Total area
973 SF
Lot
0.54 ac (23,317 SF)
Zoning code
W2
APN
05-322-06085400
UPID
US40-0187572
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W2 · Glen Burnie, MD
Zoning W2 · permitted uses
W2 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$415,000
RETAIL STORES
Est. value
$405,000
MEDICAL BUILDING
Est. value
$355,000
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1953
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
4
Lot
0.54 ac
Current owner
From public records · entity-resolved
Dorsey Ten LLC
Entity
Mailing address
1320 TAR CV RD, PASADENA, MD 21122-5937
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$640,000
Dorsey Ten LLC
Ple Real Estate LLC
Deed
$480,000 · Cfg Community Bank
Feb 23, 2017
—
Ple Real Estate LLC
—
Deed
related
$288,000 · Capital One Bank NA
Nov 15, 2002
$317,000
Altaf Khan
Collins,daniel M & Maryann T
Grant Deed
—
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 1049 Dorsey 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.
