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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Office buildings
2205 Commerce Rd, Forest Hill, MD 21050-2566
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-0096967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
24,000 SF
Lot
4.9 ac (213,444 SF)
Zoning code
GI
APN
03-364062
UPID
US40-0096967
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
-
The Playroom Arcade & Gaming Center
-
US Consolidated Farm Services Agency Sustainability Organization
-
Natural Resources Conservation Service Government Office
-
Multi Management Inc Accounting Firm
-
No Problems Computer & RC's Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.39M
Blend (final)
Blend
$2.53M
Owner & transaction history
Nadd Patel 4 LLC · 11 yrs held
Nadd Patel 4 LLC
since 2014
7 recorded transactions
Zoning & alternative use
GI · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±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
$105 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$21,663
Tax year 2022
Assessed value
$1,996,733
Assessed 2023
Previous assessed
$1,987,600
+0.5% YoY
Effective rate
1.08%
On assessed value
Land market value
$551,900
Improvement market value
$1,463,100
Total market value
$2,015,000
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
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
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
24,000 SF
Lot
4.9 ac (213,444 SF)
Zoning code
GI
APN
03-364062
UPID
US40-0096967
Jurisdiction
HARFORD
Zoning & alternative use
GI · Forest Hill, MD
Zoning GI · permitted uses
GI · Forest Hill, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
4.9 ac
Current owner
From public records · entity-resolved
Nadd Patel 4 LLC
Entity
Mailing address
1603 KINGS VW DR, BEL AIR, MD 21015-8400
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2020
—
Nadd Patel 4 LLC
—
Deed
related
$654,012 · Farmers & Merchants Nat'l Bk
Nov 14, 2018
—
Nadd Patel 4 LLC
—
Deed
related
$1,000,000 · Farmers & Merchants Nat'l Bk
Oct 19, 2018
—
Nadd Patel 2 LLC
—
Deed
related
$550,000 · Farmers & Merchants Nat'l Bk
Dec 11, 2014
$1,500,000
Nadd Patel 4 LLC
Gemcraft Commercial LLC
Grant Deed
$900,000 · Farmers & Merchants Nat'l Bk
Oct 8, 2010
—
Gemcraft Commercial LLC
—
Deed Of Trust
related
$27,690,000 · Manufacturers Traders & Trust
Jan 29, 2008
—
Gemcraft Commercial LLC
—
Deed Of Trust
related
$2,843,601 · Manufacturers Traders & Trust
Mar 24, 2003
$312,500
Gemcraft Commercial LLC
Martin Family LLC
Grant Deed
—
—
—
Nadd Patel 4 LLC
—
Deed Of Trust
related
$1,000,000 · Farmers & Merchants Nat'l Bk
—
—
Nadd Patel 4 LLC
—
Loan Modification
related
$654,012 · Farmers & Merchants Nat'l Bk
—
—
Nadd Patel 2 LLC
—
Deed Of Trust
related
$550,000 · Farmers & Merchants Nat'l Bk
—
—
Gemcraft Commercial LLC
—
Deed Of Trust
related
$9,405,758 · Peoples Bank Oxford
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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