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Property profile & analytics
OFF-MARKET
Estimated value
$20,670,000
Office buildings
11311 Mccormick Rd Hunt Valley, MD 21031-1004
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1514796
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
236,460 SF
Lot
9.28 ac (404,237 SF)
Zoning code
ML-IM
APN
08-1900002229
UPID
US40-1514796
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
$27.21M
Comparable Approach
Comparable
$12.69M
Blend (final)
Blend
$20.67M
Owner & transaction history
11311 Mccormick LLC · 8 yrs held
11311 Mccormick LLC
since 2017
3 recorded transactions
Zoning & alternative use
ML-IM · Hunt Valley, 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 Hunt Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hunt Valley 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%
$29,470,000
6.5%
$27,205,000
7%
$25,260,000
Blend value · Realmo final
$20.67M
Range $18.60M – $22.74M · ±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
$87 / 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
$445,550
Tax year 2023
Assessed value
$26,758,100
Assessed 2023
Previous assessed
$28,363,700
-5.7% YoY
Effective rate
1.67%
On assessed value
Assessed land
$6,960,700
Assessed improvement
$19,797,400
Land market value
$6,960,700
Improvement market value
$19,797,400
Total market value
$26,758,100
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 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
1986
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
5
Units
2
Total area
236,460 SF
Lot
9.28 ac (404,237 SF)
Zoning code
ML-IM
APN
08-1900002229
UPID
US40-1514796
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Hunt Valley, MDZoning ML-IM · permitted uses
ML-IM · Hunt Valley, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
5
Buildings
2
Units
2
Lot
9.28 ac
Current owner
From public records · entity-resolved
11311 Mccormick LLC
Entity
Mailing address
PO BOX 2087, BALA CYNWYD, PA 19004-6087
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2017
$32,500,000
11311 Mccormick LLC
Baltimore Md Green II LLC
Grant Deed
$24,375,000 · Bank Of America
Mar 9, 2017
—
Baltimore Md Green LLC
—
Grant Deed
related
$103,000,000 · Other Institutional Lenders
Jul 30, 2012
$31,837,500
Baltimore Md Green II LLC
Hunt Valley 75 LP
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.
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