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Property profile & analytics
OFF-MARKET
Office buildings
200 Main St, Bel Air, MD 21014-3820
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0651516
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
BRICK
Total area
3,000 SF
Lot
0.13 ac (5,462 SF)
Zoning code
B2A
APN
03-025381
UPID
US40-0651516
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
-
Brown, Brown & Young, P.A. Law Firm
-
Young Albert J A Law Firm
-
Firstline National Insurance Co Financial Advisor Insurance Agency
-
Harford Mutual Insurance Group Financial Advisor Insurance Agency
-
Brown Augustus F Law Firm
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
Harford County Maryland · 4 yrs held
Harford County Maryland
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
B2A · Bel Air, 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 Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,863
Tax year 2022
Assessed value
$521,400
Assessed 2023
Previous assessed
$507,000
+2.8% YoY
Effective rate
0.93%
On assessed value
Land market value
$313,800
Improvement market value
$230,200
Total market value
$544,000
Applied tax rate
300.0000
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
1900
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
1
Total area
3,000 SF
Lot
0.13 ac (5,462 SF)
Zoning code
B2A
APN
03-025381
UPID
US40-0651516
Jurisdiction
HARFORD
Zoning & alternative use
B2A · Bel Air, MD
Zoning B2A · permitted uses
B2A · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Harford County Maryland
Entity
Free & Clear · 4 yrs held
Mailing address
220 S MAIN ST, BEL AIR, MD 21014-3820
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$1,490,000
Harford County Maryland
200 South Main LLC
Deed
—
Nov 13, 2020
—
Richard JR C Herpel JR.
Elaine D Herpel
Quit Claim Deed
related
—
Aug 1, 2019
—
200 South Main LLC
—
Deed
related
$350,000 · Harford Bank
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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