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Property profile & analytics
OFF-MARKET
Estimated value
$91,945,000
Office buildings
1550 Nursery Rd, Linthicum Hts, MD 21090-2202
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-2226427
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Total area
153,930 SF
Lot
8.3 ac (361,548 SF)
Zoning code
W1-BW
APN
05-000-90071055
UPID
US40-2226427
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
-
West Quest B Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$119.36M
Blend (final)
Blend
$91.95M
Owner & transaction history
1550 Nursery LLC · 16 yrs held
1550 Nursery LLC
since 2010
4 recorded transactions
Zoning & alternative use
W1-BW · Linthicum Hts, 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 Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Hts 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
OFFICE BUILDING
$77,080,000
Current use
RESTAURANT
$74,780,000
Change: -3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$65,470,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$64,495,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$63,785,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$91.95M
Range $82.75M – $101.14M · ±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
$597 / 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
$525,883
Tax year 2023
Assessed value
$48,157,800
Assessed 2023
Previous assessed
$47,373,900
+1.7% YoY
Effective rate
1.09%
On assessed value
Land market value
$4,565,000
Improvement market value
$45,160,600
Total market value
$49,725,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
5
Units
2
Total area
153,930 SF
Lot
8.3 ac (361,548 SF)
Zoning code
W1-BW
APN
05-000-90071055
UPID
US40-2226427
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1-BW · Linthicum Hts, MD
Zoning W1-BW · permitted uses
W1-BW · Linthicum Hts, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Hts. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$77.1M
RESTAURANT
Est. value
$74.8M
AUTO REPAIR, GARAGE
Est. value
$65.5M
INDUSTRIAL (GENERAL)
Est. value
$64.5M
RETAIL STORES
Est. value
$63.8M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2009
Heating
HOT WATER
Cooling
Yes
Stories
5
Buildings
2
Units
2
Lot
8.3 ac
Current owner
From public records · entity-resolved
1550 Nursery LLC
Entity
Mailing address
6711 COLUMBIA GTWY DR STE #300, COLUMBIA, MD 21046-2383
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Mar 31, 2010
$38,000
1550 Nursery LLC
Cb Richard Ellis INC
Grant Deed
—
Oct 29, 2009
$38,000,000
1550 Nursery Corner LLC
Cb Richard Ellis INC
Grant Deed
—
Jun 8, 2007
$6,500,000
Nursery Corner LLC
West Terra II
Grant Deed
$4,290,000 · Bank Of America
—
—
Nursery Corner LLC
—
Deed Of Trust
related
$34,000,000 · Citizens Bank Pennsylvania
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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