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Property profile & analytics
OFF-MARKET
Medical Office Space
2005 Rock Spg Rd Forest Hill, MD 21050-2621
Entity Owned
15-yr Hold
Free & Clear
Property ID
US40-0899895
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
BRICK
Total area
8,436 SF
Lot
0.56 ac (24,220 SF)
Zoning code
B2
APN
03-193381
UPID
US40-0899895
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
-
Forest Hill Pediatrics, LLC Pediatrician Medical Clinic
-
Schmitt Brian K MD Physician Medical Clinic
-
Grace Kobusingye MD Pediatrician Medical Clinic
-
David Zisow Pa Physician
-
Jarrettsville Builders Inc Construction Company General Contractor
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
Rigdon Land LLC · 15 yrs held
Rigdon Land LLC
since 2011
1 recorded transaction
Zoning & alternative use
B2 · Forest Hill, 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 Forest Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Hill 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
$10,406
Tax year 2022
Assessed value
$971,400
Assessed 2023
Previous assessed
$954,800
+1.7% YoY
Effective rate
1.07%
On assessed value
Land market value
$678,300
Improvement market value
$326,300
Total market value
$1,004,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
8,436 SF
Lot
0.56 ac (24,220 SF)
Zoning code
B2
APN
03-193381
UPID
US40-0899895
Jurisdiction
HARFORD
Zoning & alternative use
B2 · Forest Hill, MDZoning B2 · permitted uses
B2 · Forest Hill, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Rigdon Land LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1320 RIGDON RD, JARRETTSVILLE, MD 21084-1612
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2011
$925,000
Rigdon Land LLC
Rockspring II Associates
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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