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Property profile & analytics
OFF-MARKET
Estimated value
$5,755,000
Auto shops
1705 Harford Rd Fallston, MD 21047
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0038629
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
STEEL FRAME
Total area
15,010 SF
Lot
19.12 ac (832,867 SF)
Zoning code
B3
APN
03-047369
UPID
US40-0038629
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.76M
Owner & transaction history
Jones Familye Lllp · 21 yrs held
Jones Familye Lllp
since 2004
7 recorded transactions
Zoning & alternative use
B3 · Fallston, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+11.8%
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 Fallston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallston 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
AUTO REPAIR, GARAGE
$4,690,000
Current use
RESTAURANT
$5,245,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$5.76M
Range $5.18M – $6.33M · ±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
$383 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$19,231,933
Assessed 2023
Previous assessed
$18,372,600
+4.7% YoY
Land market value
$9,280,000
Improvement market value
$10,560,600
Total market value
$19,840,600
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
8
Stories
1
Units
12
Total area
15,010 SF
Lot
19.12 ac (832,867 SF)
Zoning code
B3
APN
03-047369
UPID
US40-0038629
Jurisdiction
HARFORD
Zoning & alternative use
B3 · Fallston, MDZoning B3 · permitted uses
B3 · Fallston, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.7M
RESTAURANT
Est. value
$5.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
1973
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Units
12
Lot
19.12 ac
Current owner
From public records · entity-resolved
Jones Familye Lllp
Entity
Mailing address
1510 BEL AIR RD, BEL AIR, MD 21014-5112
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2020
—
Jones Family Lllp
—
Deed
related
$22,569,891 · Toyota Financial Savings Bank
Aug 8, 2016
—
Jones Family LLP
—
Deed
related
$2,032,000 · Ally Bk
Nov 9, 2009
—
Jones Family Lllp
—
Deed Of Trust
related
$4,880,000 · Toyota Motor Credit Corp
Nov 19, 2004
—
Jones Familye Lllp
Jones Family Lllp
Quit Claim Deed
related
—
Jun 25, 2004
—
Jones Family Lllp
Jones Family
Quit Claim Deed
related
—
Jun 24, 2004
—
Jones Family LP
Jones,vernon J
Quit Claim Deed
related
—
—
—
Lite LLC
—
Deed Of Trust
related
$22,569,891 · Fdic Insured Nevada Thrift Co
—
—
Jones Family LLP
—
Deed Of Trust
related
$2,032,000 · Ally Bk
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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