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Property profile & analytics
OFF-MARKET
Office buildings
11 Locust Ln, Aberdeen, MD 21001-2414
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-0572199
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
BRICK
Total area
756 SF
Lot
0.09 ac (4,000 SF)
Zoning code
B2
APN
02-036835
UPID
US40-0572199
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
by Request
Owner & transaction history
77 Smith Ave LLC · 3 yrs held
77 Smith Ave LLC
since 2023
Last sale
$250,000
5 recorded transactions
Zoning & alternative use
B2 · Aberdeen, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,747
Tax year 2022
Assessed value
$183,300
Assessed 2023
Previous assessed
$183,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$52,000
Assessed improvement
$131,300
Land market value
$52,000
Improvement market value
$131,300
Total market value
$183,300
Applied tax rate
200.0000
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
1940
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
2
Total area
756 SF
Lot
0.09 ac (4,000 SF)
Zoning code
B2
APN
02-036835
UPID
US40-0572199
Jurisdiction
HARFORD
Zoning & alternative use
B2 · Aberdeen, MD
Zoning B2 · permitted uses
B2 · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
77 Smith Ave LLC
Entity
Free & Clear · 3 yrs held
Mailing address
905 OLD PHILADELPHIA RD, ABERDEEN, MD 21001-4024
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
$250,000
77 Smith Ave LLC
Craig F Meyer
Deed
—
May 27, 2014
$180,000
Craig F Meyer
New Logic Properties LLC
Grant Deed
—
Feb 20, 2013
$173,677
New Logic Properties LLC
Hurley Stephanie H
Trustees Deed
related
—
Jul 22, 2009
$225,000
Marquis Invs INC
Riley K Lee JR
Trustees Deed
$376,125 · Slavie Fsb
Sep 13, 2006
$400,000
A V A Realty LLC
Bane,rebecca
Grant Deed
$310,000 · Susquehanna Bank
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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