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Property profile & analytics
FOR LEASE
Medical Office Space
1200 Brass Mill Rd Belcamp, MD 21017
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-2386936
For Lease
1 / 4
$15 SF/Yr
1200 Brass Mill Rd, Belcamp, MD 21017
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
BRICK
Total area
3,144 SF
Lot
2.56 ac (111,514 SF)
Zoning code
R4
APN
01-175769
UPID
US40-2386936
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
-
East Coast IV Wellness Program
-
Accurate Rehabilitation Tech Physician
-
Dr. Vladimir Ioffe Physician
-
Guy Arnold Studios Tattoo & Piercing Shop
-
Hervick David MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
1200 Brass Mill Holdings LLC · 3 yrs held
1200 Brass Mill Holdings LLC
since 2022
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
R4 · Belcamp, 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 Belcamp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belcamp 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
$1,565,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.53M (Oct 14 2022)
Last sale anchor
$1.53M
Oct 14 2022
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
$491 / 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
$15,868
Tax year 2022
Assessed value
$1,455,900
Assessed 2023
Previous assessed
$1,455,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$422,400
Assessed improvement
$1,033,500
Land market value
$422,400
Improvement market value
$1,033,500
Total market value
$1,455,900
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1987
Construction
BRICK
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
3
Total area
3,144 SF
Lot
2.56 ac (111,514 SF)
Zoning code
R4
APN
01-175769
UPID
US40-2386936
Jurisdiction
HARFORD
Zoning & alternative use
R4 · Belcamp, MDZoning R4 · permitted uses
R4 · Belcamp, 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
1987
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
3
Lot
2.56 ac
Current owner
From public records · entity-resolved
1200 Brass Mill Holdings LLC
Entity
Mailing address
701 CATHEDRAL ST, BALTIMORE, MD 21201-5245
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
$1,525,000
1200 Brass Mill Holdings LLC
J&j Industries INC
Special Warranty Deed
$1,067,500 · S & T Bank
—
—
J & J Industries INC
—
Deed Of Trust
related
$2,233,248 · Peoples Bank & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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