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Property profile & analytics
OFF-MARKET
Estimated value
$6,505,000
Warehouses
1405 Odenton Rd, Odenton, MD 21113-1211
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US40-1473406
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
BRICK
Total area
15,000 SF
Lot
17.87 ac (778,417 SF)
Zoning code
OTRA
APN
04-000-00940710
UPID
US40-1473406
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
-
FTC Aggregate Supply LLC Building Supply
-
Ferguson Trenching Company General Contractor
-
Communication Tower Telecommunications Service Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.26M
Blend (final)
Blend
$6.51M
Owner & transaction history
Stanley R Ferguson · 27 yrs held
Stanley R Ferguson
since 1998
1 recorded transaction
Zoning & alternative use
OTRA · Odenton, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.5M
+50.2%
Restaurant
$7.3M
+45.7%
Auto repair, garage
$6.4M
+27.6%
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 Odenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odenton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,000,000
Current use
OFFICE BUILDING
$7,510,000
Change: +50% · Conversion: Difficult
RESTAURANT
$7,285,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,380,000
Change: +28% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,285,000
Change: +26% · Conversion: Easy
RETAIL STORES
$6,215,000
Change: +24% · Conversion: Moderate
MEDICAL BUILDING
$5,495,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,150,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.51M
Range $5.85M – $7.16M · ±10%
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
$434 / 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
$105,102
Tax year 2023
Assessed value
$9,624,700
Assessed 2023
Previous assessed
$9,386,200
+2.5% YoY
Effective rate
1.09%
On assessed value
Land market value
$8,182,300
Improvement market value
$1,919,400
Total market value
$10,101,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
15,000 SF
Lot
17.87 ac (778,417 SF)
Zoning code
OTRA
APN
04-000-00940710
UPID
US40-1473406
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
OTRA · Odenton, MD
Zoning OTRA · permitted uses
OTRA · Odenton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$7.5M
RESTAURANT
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
RETAIL STORES
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$4.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1990
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
17.87 ac
Current owner
From public records · entity-resolved
Stanley R Ferguson
Individual
Mailing address
1405 ODENTON RD, ODENTON, MD 21113-1211
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 1998
$1,246,700
Stanley R Ferguson
Odenton Rd II Realty Trust
Grant Deed
$800,000 · Farmers Bank Of Maryland
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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