Entity Owned Property summary
AI-generated overview
This industrial warehouse property comprises multiple buildings offering clear ceiling heights of approximately 16, 20, 24, and 28 feet, with rear dock access and drive-in access. The buildings are equipped with fire sprinklers, gas heat, and public water and sewer service, and provide surface parking. Electrical service varies by building: buildings 1393 and 1430 have 120/208 volt, 3-phase, 4-wire electrical service, while buildings 1470 and 1533 have 277/480 volt, 3-phase, 4-wire electrical service. Comcast service is available. An example available warehouse space is 2,500 square feet located at 1393 Progress Way in Eldersburg, Maryland.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL PARK
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,000 SF
Lot
4.88 ac (212,573 SF)
Zoning code
I-1
APN
05-066220
UPID
US40-1187395
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor Renovation Specialist
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.89M
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$3.85M
Owner & transaction history
since 2021
1 recorded transaction
Zoning & alternative use
I-1 · Eldersburg, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.85M
Value range
$3.47M – $4.24M
±10% around blend
Estimated value / SF
$88 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$3.47M
blend $3.85M
$4.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
44,000 SF
Lot area
4.88 ac
Year built
1999
Stories
1
APN
05-066220
Zoning
I-1
Assessed value
$3,371,600
Annual tax
$38,099
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.89M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.21M
@ 6.5% CAP return
$3.89M
@ 7% CAP return
$3.61M
4
Sales comparison
Partial preview
Sales approach indication
$3.63M
Range $1.06M – $4.84M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 27 sales
$162
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $88/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.37M
Move the market yield to see immediate price impact.
Value / SF
$77
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$212k
$4.25M
$3.03M
$2.36M
$236k
$4.72M
$3.37M
$2.62M
$260k
$5.19M
$3.71M
$2.88M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,099
Tax year 2023
Assessed value
$3,371,600
Assessed 2023
Previous assessed
$3,371,600
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,062,800
Assessed improvement
$2,308,800
Land market value
$1,062,800
Improvement market value
$2,308,800
Total market value
$3,371,600
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
44,000 SF
Lot
4.88 ac (212,573 SF)
Zoning code
I-1
APN
05-066220
UPID
US40-1187395
Jurisdiction
CARROLL
Zoning & alternative use
I-1 · Eldersburg, MDZoning I-1 · permitted uses
I-1 · Eldersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
4.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I-1
Jurisdiction
Eldersburg, MD
Recorded code
I-1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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