Entity Owned 
For Lease
1 / 4
$3,105,000
222 Schilling Cir,Unit Hunt, Hunt Valley, MD 21031
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Property summary
AI-generated overview
222–224 Schilling Circle in Hunt Valley, Maryland comprises two connected office buildings linked by a covered walkway, with a landscaped central courtyard. The property is configured with flexible office layouts suitable for a range of tenant sizes, and some suites provide direct exterior access. It includes abundant on-site parking and is located within walking distance of hotels, banking facilities, restaurants, and Hunt Valley Towne Centre.
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
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Computer & Electronic Repair
-
Insurance Agency
-
Credit Union
-
Insurance Agency
Location
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
since 2012
2 recorded transactions
Zoning & alternative use
ML-IM · Hunt Valley, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.11M
Value range
$2.79M – $3.42M
±10% around blend
Estimated value / SF
$111 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$2.79M
blend $3.11M
$3.42M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
28,050 SF
Lot area
3.89 ac
Year built
1979
Stories
2
APN
08-1900001888
Zoning
ML-IM
Assessed value
$4,165,400
Annual tax
$27,742
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.50M
@ 6.5% CAP return
$3.23M
@ 7% CAP return
$3.00M
4
Sales comparison
Partial preview
Sales approach indication
$1.98M
Range $735k – $5.02M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.11M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 288 sales
$237
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $111/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.17M
Move the market yield to see immediate price impact.
Value / SF
$148
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$262k
$5.25M
$3.75M
$2.92M
$292k
$5.83M
$4.17M
$3.24M
$321k
$6.41M
$4.58M
$3.56M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, MDZoning ML-IM · permitted uses
ML-IM · Hunt Valley, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
ML-IM
Jurisdiction
Hunt Valley, MD
Recorded code
ML-IM
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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