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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
200 Padonia Rd Lutherville Timonium, MD 21093-6922
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1342128
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
BRICK
Total area
3,706 SF
Lot
68.61 ac (2,988,652 SF)
Zoning code
DR3.5
APN
08-1600008599
UPID
US40-1342128
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
-
Dulaney Valley Memorial Gardens Cemetery Pet Cemetery
-
John Tyrie & Son of Dulaney Valley Memorial Gardens General Contractor
-
Prestige Automotive Auto Repair Shop
-
Mr. Tire Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
-
Automotive Concepts Inc Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$814k
Blend (final)
Blend
$800k
Owner & transaction history
Dulaney Vly Memorial Gdns INC · 5 yrs held
Dulaney Vly Memorial Gdns INC
since 2021
7 recorded transactions
Zoning & alternative use
DR3.5 · Lutherville Timonium, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+40.1%
Warehouse, storage
$960,000
+9.0%
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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$880,000
Current use
COMMERCIAL (GENERAL)
$1,230,000
Change: +40% · Conversion: Easy
WAREHOUSE, STORAGE
$960,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$840,000
Change: -4% · Conversion: Easy
RETAIL STORES
$790,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$216 / 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
$25,578
Tax year 2023
Assessed value
$4,120,600
Assessed 2023
Previous assessed
$4,623,500
-10.9% YoY
Effective rate
0.62%
On assessed value
Assessed land
$1,463,300
Assessed improvement
$2,657,300
Land market value
$1,463,300
Improvement market value
$2,657,300
Total market value
$4,120,600
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
1962
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
3
Total area
3,706 SF
Lot
68.61 ac (2,988,652 SF)
Zoning code
DR3.5
APN
08-1600008599
UPID
US40-1342128
Jurisdiction
BALTIMORE
Zoning & alternative use
DR3.5 · Lutherville Timonium, MD
Zoning DR3.5 · permitted uses
DR3.5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$960,000
MEDICAL BUILDING
Est. value
$840,000
RETAIL STORES
Est. value
$790,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
1962
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
68.61 ac
Current owner
From public records · entity-resolved
Dulaney Vly Memorial Gdns INC
Entity
Mailing address
200 E PADONIA RD, LUTHERVILLE TIMONIUM, MD 21093-1240
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 27, 2021
—
Dulaney Vly Memorial Gdns INC
—
Deed
related
$150,000 · Howard Bk
Feb 25, 2020
—
Dulaney Vly Mem Gardens INC
—
Deed
related
$1,500 · Howard Bk
Jun 26, 2019
—
Dulaney Vly Mem Gardens INC
—
Grant Deed
related
$6,650,000 · Howard Bk
Sep 27, 2016
—
Dulaney Valley Memorial Garden
—
Deed
related
$1,250,000 · Branch Bk&tr
—
—
Dulaney Vly Mem Gardens INC
—
Deed Of Trust
related
$1,500,000 · Howard Bk
—
—
Dulaney Vly Mem Gardens INC
—
Deed Of Trust
related
$1,500 · Howard Bk
—
—
Dulaney Valley Memorial Garden
—
Deed Of Trust
related
$1,250,000 · Branch Bk&tr
—
—
Dulaney Vly Memorial Gdns INC
—
Loan Modification
related
$150,000 · Howard 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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