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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Warehouses
1301 Trimble Rd B, Edgewood, MD 21040-3005
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1258081
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
BRICK
Total area
10,080 SF
Lot
37.43 ac (1,630,451 SF)
Zoning code
GI
APN
01-031929
UPID
US40-1258081
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
-
Lazo Landscaping Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.63M
Owner & transaction history
Lazo Properties LLC · 5 yrs held
Lazo Properties LLC
since 2021
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
GI · Edgewood, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+96.8%
Auto repair, garage
$3.2M
+76.1%
Retail stores
$2.5M
+40.5%
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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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
$3,220,000
ML approach
$2,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,790,000
Current use
RESTAURANT
$3,520,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,150,000
Change: +76% · Conversion: Easy
RETAIL STORES
$2,515,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,310,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$2,035,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.50M (May 6 2021)
Last sale anchor
$2.50M
May 6 2021
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
$260 / 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
$19,815
Tax year 2022
Assessed value
$1,845,900
Assessed 2023
Previous assessed
$1,818,067
+1.5% YoY
Effective rate
1.07%
On assessed value
Assessed land
$780,400
Assessed improvement
$1,065,500
Land market value
$780,400
Improvement market value
$1,065,500
Total market value
$1,845,900
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 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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
10,080 SF
Lot
37.43 ac (1,630,451 SF)
Zoning code
GI
APN
01-031929
UPID
US40-1258081
Jurisdiction
HARFORD
Zoning & alternative use
GI · Edgewood, MD
Zoning GI · permitted uses
GI · Edgewood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
37.43 ac
Current owner
From public records · entity-resolved
Lazo Properties LLC
Entity
Mailing address
9920 PULASKI HWY, BALTIMORE, MD 21220-1419
Ownership since
2021
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
Mar 12, 2024
—
Lazo Properties LLC
—
Deed
related
$5,900,000 · Sandy Spring Bank
May 6, 2021
$2,500,000
Lazo Properties LLC
1301 B Trimble Road LLC
Deed
$2,000,000 · 1301-r Trimble Road LLC
Aug 18, 2016
—
1301-b Trimble Road LLC
—
Deed
related
$400,000 · The Columbia Bank
Jul 16, 2014
$1,250,000
1301-b Trimble Road LLC
Mobile Modular Express Real Estate
Deed
$1,000,000 · The Columbia Bank
Oct 4, 2007
$1,800,000
Mobile & Modular Express
Magnolia Road Associates LLC
Deed
—
Oct 31, 1997
—
Harford Co
Magnolia Rd Associates LLC
Grant Deed
related
—
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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