New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Retail space
12147 Park Hts Ave, Owings Mills, MD 21117-1521
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0094767
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
BRICK
Total area
4,736 SF
Lot
1.89 ac (82,328 SF)
Zoning code
BL
APN
04-0403068020
UPID
US40-0094767
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$525k
Owner & transaction history
B & E United LLC · 2 yrs held
B & E United LLC
since 2024
Last sale
$525,000
6 recorded transactions
Zoning & alternative use
BL · Owings Mills, 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 Owings Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owings Mills 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Apr 30 2024)
Last sale anchor
$525k
Apr 30 2024
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
$111 / 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
$3,757
Tax year 2023
Assessed value
$620,000
Assessed 2023
Previous assessed
$600,300
+3.3% YoY
Effective rate
0.61%
On assessed value
Land market value
$289,000
Improvement market value
$370,400
Total market value
$659,400
Applied tax rate
4.0000
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
1981
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
4,736 SF
Lot
1.89 ac (82,328 SF)
Zoning code
BL
APN
04-0403068020
UPID
US40-0094767
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Owings Mills, MD
Zoning BL · permitted uses
BL · Owings Mills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Owings Mills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
B & E United LLC
Entity
Mailing address
12613 NANCY LEE CT, REISTERSTOWN, MD 21136-5545
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
B & E United LLC
—
Deed
related
$780,000 · Fulton Bank NA
Apr 30, 2024
$525,000
B & E United LLC
Abrr Limited LLC
Deed
$491,950 · Trius Lending Partners
Jun 21, 2016
—
Abrr Limited LLC
—
Deed
related
$50,000 · Worthington Alternative Capital LLC Worthington Alternative Capital LLC
Oct 2, 2007
$530,000
Abrr Limited LLC
Ivan Goldstein
Deed
$450,000 · Wachovia Bank NA
—
—
Abrr LLC
—
Deed Of Trust
related
$405,000 · Denrich General Invs II LLC
—
—
Abrr Limited LLC
—
Deed Of Trust
related
$50,000 · Worthington Alternative Capital LLC Worthington Alternative Capital 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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