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Property profile & analytics
FOR LEASE
Office buildings
111 Warren Rd, Cockeysville, MD 21030
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0705120
For Lease
1 / 5
$950/Mo
111 Warren Rd, Cockeysville, MD 21030
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Property summary
AI-generated overview
This exceptional office space opportunity is located at 111 Warren Road Unit 11A, Cockeysville, MD, within the Warren Business Suites complex. Unit 11A offers 600 square feet of newly renovated space, currently available for lease at a monthly rate of $950. The property sits on a 1.11-acre lot and offers various office suite sizes ranging from 600 square feet to 1800 square feet, providing flexibility for businesses of different scales. Lease terms are adaptable to individual needs, and the landlord is open to accommodating additional build-outs to customize the space to your specific requirements. The building benefits from recent renovations, ensuring a modern and efficient work environment. Utilities are handled on a shared and direct basis
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
17,064 SF
Lot
1.11 ac (48,264 SF)
Zoning code
RO
APN
08-0802048000
UPID
US40-0705120
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
$1.88M
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Warren Business Suites LLC · 5 yrs held
Warren Business Suites LLC
since 2021
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
RO · Cockeysville, 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 Cockeysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cockeysville 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
$1,815,000
ML approach
$1,880,000
CAP Approach
CAP Return
Estimation
6%
$2,125,000
6.5%
$1,965,000
7%
$1,825,000
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10% · vs last sale $1.53M (Apr 30 2021)
Last sale anchor
$1.53M
Apr 30 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
$102 / 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
$11,169
Tax year 2023
Assessed value
$1,515,300
Assessed 2023
Previous assessed
$1,515,300
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$580,200
Assessed improvement
$935,100
Land market value
$580,200
Improvement market value
$935,100
Total market value
$1,515,300
Applied tax rate
8.0000
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
For Lease
Year built
1986
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
17,064 SF
Lot
1.11 ac (48,264 SF)
Zoning code
RO
APN
08-0802048000
UPID
US40-0705120
Jurisdiction
BALTIMORE
Zoning & alternative use
RO · Cockeysville, MD
Zoning RO · permitted uses
RO · Cockeysville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cockeysville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Warren Business Suites LLC
Entity
Mailing address
605 STACY CT, TOWSON, MD 21286-2940
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
—
Warren Business Suites LLC
—
Deed
related
$607,000 · Acnb Bank
Apr 30, 2021
$1,525,000
Warren Business Suites LLC
111 Warren Road Partnership
Special Warranty Deed
$1,220,000 · Acnb Bank
Feb 3, 2017
—
111 Warren Road Ptshp
—
Deed
related
$450,000 · Branch Bk&tr
—
—
111 Warren Road Ptshp
—
Deed Of Trust
related
$450,000 · Branch Bk&tr
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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