Entity Owned 
For Sale
1 / 25
$849,000
1901 Monkton Rd, Monkton, MD 21111
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Property summary
AI-generated overview
The Monkton Town Hall, constructed circa 1861, is a three-level commercial building that is approximately 3,497 square feet and historically presumed to have been built as a store-house. It is located in Monkton with immediate access to the NCR Trail and walking distance to the Gunpowder area. The building underwent substantial renovations in 2017 and includes systems and amenities updated through later improvements, including historically correct New Norwood windows installed in 2016 (in the sailcloth color), new gutters and downspouts in 2016, a well water filtration system installed in 2016, and a new A/C unit installed in 2021. The property provides on-site parking and is zoned BL-CR, with configuration suitable for combining living and working uses.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
BRICK
Total area
1,128 SF
Lot
0.18 ac (7,710 SF)
Zoning code
BL-CR
APN
10-1020000171
UPID
US40-0198159
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store
-
Art Studio
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
since 2001
2 recorded transactions
Zoning & alternative use
BL-CR · Monkton, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$222 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
70
Income certainty
100
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,128 SF
Lot area
0.18 ac
Year built
1961
Stories
2
APN
10-1020000171
Zoning
BL-CR
Assessed value
$227,500
Annual tax
$1,366
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$1,366
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$258k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.1 mi away · 1,200 SF
20.2 mi away · 1,000 SF
20.8 mi away · 1,252 SF
21.6 mi away · 1,161 SF
23.3 mi away · 1,344 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 186 sales
$213
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $222/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
5.79%
Selected cap rate for this retail space
Derived from the Monkton market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.79%
9.0%
NOI (est.)
$49k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$850k
Move the market yield to see immediate price impact.
Value / SF
$753
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.29%5.79%6.29%
$44k
$837k
$765k
$704k
$49k
$930k
$850k
$782k
$54k
$1.02M
$934k
$860k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$213k
13.8 mi · Feb 2026 · $170/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,366
Tax year 2023
Assessed value
$227,500
Assessed 2023
Previous assessed
$224,400
+1.4% YoY
Effective rate
0.60%
On assessed value
Land market value
$154,200
Improvement market value
$76,400
Total market value
$230,600
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1961
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Total area
1,128 SF
Lot
0.18 ac (7,710 SF)
Zoning code
BL-CR
APN
10-1020000171
UPID
US40-0198159
Jurisdiction
BALTIMORE
Zoning & alternative use
BL-CR · Monkton, MDZoning BL-CR · permitted uses
BL-CR · Monkton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1961
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Lot
0.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BL-CR
Jurisdiction
Monkton, MD
Recorded code
BL-CR
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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