Realmo Analytics

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Property profile

215 Washington Ave Towson, MD 21204

FOR LEASE
Office buildings
Property ID
US40-0418774
81,748 SF 0.41 ac lot Built 1984
Last sale May 2018 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$4.29M
Effective rate0.76%

Value estimate

· Oct 2026
$10.59M
$9.53M – $11.65M
Submarket $/SF estimate$11.95M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$9k
Operating expenses−$11k
NOI · 136,578.72% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$146 – $333

Cap rate analysis

How does the asset earn?
136,578.72%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BM-CT
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.6
Laundry Service8.5
Barber Shop8.3

Location

215 Washington Ave Towson, MD 21204
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 Towsontown, Baltimore, MD 21204-5200 $5,750,000 Feb 2026 52,757 SF
409 Washington, Baltimore, MD 21204-4920 $1,000,000 Dec 2025 157,854 SF
32 Ww, Towson, MD 21204-2302 $2,650,000 Jun 2025 20,060 SF
600 Washington, Baltimore, MD 21204-3913 $7,750,000 Jan 2025 74,500 SF
210 Pennsylvania, Baltimore, MD 21204-5325 $13,550,000 Aug 2023 144,822 SF
31 Allegheny, Baltimore, MD 21204-3900 $2,220,000 Nov 2021 7,392 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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