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Property profile & analytics
OFF-MARKET
Estimated value
$7,035,000
Hotels
1500 Aero Dr Linthicum, MD 21090-2243
Trust Owned
22-yr Hold
~
Est. High Equity
Property ID
US40-1293891
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
WOOD
Total area
51,150 SF
Lot
2.91 ac (126,760 SF)
Zoning code
W1-BW
APN
05-409-90068151
UPID
US40-1293891
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
-
Extended Stay America - Baltimore - BWI Airport - Aero Dr. Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$7.04M
Owner & transaction history
Bre Of Esa Maryland Props Busn Trust · 22 yrs held
Bre Of Esa Maryland Props Busn Trust
since 2004
4 recorded transactions
Zoning & alternative use
W1-BW · Linthicum, 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 Linthicum submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum 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
HOTEL/MOTEL
$11,025,000
Current use
Blend value · Realmo final
$7.04M
Range $6.33M – $7.74M · ±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
$138 / 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
$57,380
Tax year 2023
Assessed value
$5,254,533
Assessed 2023
Previous assessed
$5,106,000
+2.9% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,600,500
Improvement market value
$3,951,100
Total market value
$5,551,600
Applied tax rate
5.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Units
122
Total area
51,150 SF
Lot
2.91 ac (126,760 SF)
Zoning code
W1-BW
APN
05-409-90068151
UPID
US40-1293891
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1-BW · Linthicum, MD
Zoning W1-BW · permitted uses
W1-BW · Linthicum, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$11.0M
HOTEL/MOTEL Current
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
1997
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Units
122
Lot
2.91 ac
Current owner
From public records · entity-resolved
Bre Of Esa Maryland Props Busn Trust
Trust
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Esa P Portfolio Md LLC
—
Deed
related
$8,890,000 · Jpmorgan Chase Bank NA
Jul 7, 2021
—
Esa P Portfolio Md LLC
—
Deed
related
$7,348,500 · Jpmorgan Chase Bank NA
Jun 29, 2004
—
Bre Of Esa Maryland Props Busn Trust
Esa Maryland INC
Quit Claim Deed
related
$2,050,000 · * Other Institutional Lenders
—
—
Properties Busn Esa Md
—
Deed Of Trust
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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