New search
Property profile & analytics
FOR LEASE
Day care centers
1215 Baltimore Pike, Bel Air, MD 21014
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0968002
For Lease
1 / 22
$30 SF/Yr
1215 Baltimore Pike, Bel Air, MD 21014
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2019
Total area
10,384 SF
Lot
4.44 ac (193,406 SF)
Zoning code
B3
APN
03-042219
UPID
US40-0968002
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1215 Baltimore Pike LLC · 23 yrs held
1215 Baltimore Pike LLC
since 2002
7 recorded transactions
Zoning & alternative use
B3 · Bel Air, 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 Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$80,325
Tax year 2022
Assessed value
$7,537,000
Assessed 2023
Previous assessed
$7,369,900
+2.3% YoY
Effective rate
1.07%
On assessed value
Land market value
$3,942,700
Improvement market value
$3,928,500
Total market value
$7,871,200
Applied tax rate
3.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Lease
Year built
2019
Heating
HEAT PUMP
Buildings
4
Stories
1
Units
4
Total area
10,384 SF
Lot
4.44 ac (193,406 SF)
Zoning code
B3
APN
03-042219
UPID
US40-0968002
Jurisdiction
HARFORD
Zoning & alternative use
B3 · Bel Air, MD
Zoning B3 · permitted uses
B3 · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
HEAT PUMP
Stories
1
Buildings
4
Units
4
Lot
4.44 ac
Current owner
From public records · entity-resolved
1215 Baltimore Pike LLC
Entity
Mailing address
1814 ANGLESIDE RD, FALLSTON, MD 21047-1741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
1215 Baltimore Pike LLC
—
Deed
related
$6,800,000 · Rosedale Fsla
Jan 29, 2020
—
1215 Baltimore Pike LLC
—
Deed
related
$7,462,500 · Fvcbank
Nov 6, 2017
—
1215 Baltimore Pike LLC
—
Deed
related
$700,000 · First Virginia Community Bank
Aug 7, 2009
—
1215 Baltimore Pike LLC
—
Deed Of Trust
related
$2,250,000 · Slavie Fsb
Feb 19, 2008
—
1215 Baltimore Pike LLC
—
Deed Of Trust
related
$2,280,000 · Pnc Bank
Jul 25, 2002
$1,600,000
1215 Baltimore Pike LLC
Grempler,mary B & Donald R
Grant Deed
$1,750,000 · Mercantile Mortgage Co
—
—
1215 Baltimore Pike LLC
—
Deed Of Trust
related
$2,000,000 · Mercantile County Bank
—
—
1215 Baltimore Pike LLC
—
Loan Modification
related
$7,462,500 · Fvcbank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
