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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Retail space
11815 Market Pl, Fulton, MD 20759-2592
Entity Owned
8-yr Hold
Free & Clear
Property ID
US40-0967525
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
9,418 SF
Lot
1.59 ac (69,130 SF)
Zoning code
RRMXD
APN
05-451191
UPID
US40-0967525
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
-
Maple Lawn Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Pet Barn (Bike/Boat/Book/etc) Store Pet Store & Service
-
Bliss Nail Salon Nail Salon
-
Ellie's Arrangements, Inc. (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.63M
Owner & transaction history
Marketplace Retail V LLC · 8 yrs held
Marketplace Retail V LLC
since 2017
5 recorded transactions
Zoning & alternative use
RRMXD · Fulton, 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 Fulton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fulton 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%
$2,220,000
6.5%
$2,050,000
7%
$1,905,000
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±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
$173 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$28,140
Tax year 2022
Assessed value
$2,412,200
Assessed 2023
Previous assessed
$2,499,100
-3.5% YoY
Effective rate
1.17%
On assessed value
Assessed land
$790,000
Assessed improvement
$1,622,200
Land market value
$790,000
Improvement market value
$1,622,200
Total market value
$2,412,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
9,418 SF
Lot
1.59 ac (69,130 SF)
Zoning code
RRMXD
APN
05-451191
UPID
US40-0967525
Jurisdiction
HOWARD
Zoning & alternative use
RRMXD · Fulton, MD
Zoning RRMXD · permitted uses
RRMXD · Fulton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fulton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Marketplace Retail V LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1829 REISTERSTOWN RD STE #300, BALTIMORE, MD 21208-7106
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2017
—
Marketplace Retail I LLC
—
Grant Deed
related
$11,000,000 · Miscellaneous Ins Co
Aug 17, 2017
—
Marketplace Retail V LLC
Marketplace Retail IV LLC
Quit Claim Deed
related
—
Aug 10, 2017
—
Marketplace Retail V LLC
—
Deed
related
$2,800,000 · Sjg Finance LLC
Oct 21, 2008
$1,095,000
Marketplace Office II LLC
G & R Of Wessel LLC
Grant Deed
—
—
—
Marketplace Retail V LLC
—
Deed Of Trust
related
$2,800,000 · Sjg Finance LLC
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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