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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Office buildings
1615 York Rd Lutherville Timonium, MD 21093-5600
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1197139
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
BRICK
Total area
19,404 SF
Lot
0.71 ac (31,119 SF)
Zoning code
RO
APN
08-1900012440
UPID
US40-1197139
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
-
Rita Preller LCSW-C Psychotherapy Inc Psychotherapist Addiction Treatment Center
-
Nancy Hayes- Gary Psy Physician Medical Clinic
-
Vital Sign Home Care Geriatric Care Provider Nursing Home
-
Insight Wellness of Maryland, LLC. Crisis Center Medical Clinic
-
Katia Callan Counseling is now Insight Wellness of Maryland Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$2.18M
Owner & transaction history
William C Rogers · 23 yrs held
William C Rogers
since 2002
7 recorded transactions
Zoning & alternative use
RO · Lutherville Timonium, 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 Lutherville Timonium submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutherville Timonium 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
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±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
$112 / 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
$10,257
Tax year 2023
Assessed value
$1,598,100
Assessed 2023
Previous assessed
$1,587,300
+0.7% YoY
Effective rate
0.64%
On assessed value
Land market value
$795,000
Improvement market value
$824,700
Total market value
$1,619,700
Applied tax rate
8.0000
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
1985
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
19,404 SF
Lot
0.71 ac (31,119 SF)
Zoning code
RO
APN
08-1900012440
UPID
US40-1197139
Jurisdiction
BALTIMORE
Zoning & alternative use
RO · Lutherville Timonium, MD
Zoning RO · permitted uses
RO · Lutherville Timonium, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutherville Timonium. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
William C Rogers
Individual
Mailing address
100 W PENNSYLVANIA AVE STE #200, TOWSON, MD 21204-4541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
1615 York Road LLC
—
Deed
related
$2,550,000 · Standard Insurance Co
Feb 20, 2020
—
1615 York Road LLC
—
Deed
related
$1,500,000 · Orrstown Bk
Oct 2, 2014
—
1615 York Road LLC
—
Deed Of Trust
related
$1,500,000 · Hamilton Bk
Aug 13, 2002
$800,000
William C Rogers
1615 York Rd LLC
Grant Deed
—
Jun 17, 2002
—
1615 York Road LLC
T & A LP
Grant Deed
related
—
—
—
1615 York Road LLC
—
Loan Modification
related
$1,500,000 · Orrstown Bk
—
—
1615 York Road LLC
—
Deed Of Trust
related
$1,250,000 · Cwcapital LLC
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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