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Property profile & analytics
OFF-MARKET
Individual retail properties
1840 Liberty Rd, Eldersburg, MD 21784-6687
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US40-1443791
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1980
Construction
BRICK
Total area
4,122 SF
Lot
0.97 ac (42,301 SF)
Zoning code
C-2
APN
05-041414
UPID
US40-1443791
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
-
Tristar Martial Arts Academy Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Timae LLC · 15 yrs held
Timae LLC
since 2010
6 recorded transactions
Zoning & alternative use
C-2 · Eldersburg, 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 Eldersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eldersburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,344
Tax year 2023
Assessed value
$826,900
Assessed 2023
Previous assessed
$801,700
+3.1% YoY
Effective rate
1.13%
On assessed value
Land market value
$423,000
Improvement market value
$429,100
Total market value
$852,100
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1980
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,122 SF
Lot
0.97 ac (42,301 SF)
Zoning code
C-2
APN
05-041414
UPID
US40-1443791
Jurisdiction
CARROLL
Zoning & alternative use
C-2 · Eldersburg, MD
Zoning C-2 · permitted uses
C-2 · Eldersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eldersburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Timae LLC
Entity
Mailing address
382 S FLETCHER AVE #209, FERNANDINA BEACH, FL 32034-4809
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2010
$800,000
Timae LLC
1840 Liberty Rd LLC
Deed
$461,000 · New Windsor State Bank
Nov 5, 2008
$1,100,000
1840 Liberty Rd LLC
Christopher Fiorino
Deed
$1,050,000 · Farmers & Merchants Bank
Oct 31, 2008
—
Christopher Fiorino
Auto Sound Innovations LLC
Grant Deed
—
Jan 28, 2008
—
Auto Sound Innovations LLC
Florino Ents LLC
Grant Deed
—
Jul 9, 2002
$380,940
Fiorino Enterprises LLC
State Street Bank & Trust Co
Grant Deed
$300,000 · Westminster Bank
Jul 9, 2002
$139,060
Fiorino Enterprises LLC
Remdee Corp
Grant Deed
—
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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