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Property profile & analytics
FOR LEASE
Office buildings
222 Schilling Cir Hunt Valley, MD 21031
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US40-0705113
For Lease
1 / 2
$13.50 SF/Yr
222 Schilling Cir, Hunt Valley, MD 21031
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
BRICK
Total area
28,050 SF
Lot
3.89 ac (169,448 SF)
Zoning code
ML-IM
APN
08-1900001888
UPID
US40-0705113
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.23M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$3.11M
Owner & transaction history
222-224 Schilling Circle LLC · 14 yrs held
222-224 Schilling Circle LLC
since 2012
2 recorded transactions
Zoning & alternative use
ML-IM · Hunt Valley, 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 Hunt Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hunt Valley 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%
$3,495,000
6.5%
$3,225,000
7%
$2,995,000
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±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
$111 / 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
$27,742
Tax year 2023
Assessed value
$4,165,400
Assessed 2023
Previous assessed
$4,954,100
-15.9% YoY
Effective rate
0.67%
On assessed value
Assessed land
$2,068,800
Assessed improvement
$2,096,600
Land market value
$2,068,800
Improvement market value
$2,096,600
Total market value
$4,165,400
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 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
For Lease
Year built
1979
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
2
Total area
28,050 SF
Lot
3.89 ac (169,448 SF)
Zoning code
ML-IM
APN
08-1900001888
UPID
US40-0705113
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Hunt Valley, MD
Zoning ML-IM · permitted uses
ML-IM · Hunt Valley, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hunt Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
3.89 ac
Current owner
From public records · entity-resolved
222-224 Schilling Circle LLC
Entity
Mailing address
7309 LONGFIELD DR, KINGSVILLE, MD 21087-1361
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2012
$4,400,000
222-224 Schilling Circle LLC
Schilling Center Equities LLC
Grant Deed
$3,000,000 · Northwest Savings Bank
—
—
222-224 Schilling Circle LLC
—
Deed Of Trust
related
$2,800,000 · Shore 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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