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Property profile & analytics
OFF-MARKET
Estimated value
$21,000,000
Hotels
245 Shawan Rd, Hunt Valley, MD 21031-1007
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1758561
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1978
Construction
BRICK
Total area
324,218 SF
Lot
17.99 ac (783,644 SF)
Zoning code
ML-IM
APN
08-2200023329
UPID
US40-1758561
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
$21.00M
CAP Approach
CAP
$26.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.00M
Owner & transaction history
Shawan Kb 245 LLC · 1 yrs held
Shawan Kb 245 LLC
since 2024
Last sale
$21.0M
5 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
$21,000,000
ML approach
$21,000,000
CAP Approach
CAP Return
Estimation
6%
$28,680,000
6.5%
$26,475,000
7%
$24,585,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$31,940,000
Current use
INDUSTRIAL (GENERAL)
$27,705,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$21.00M
Range $18.90M – $23.10M · ±10% · vs last sale $21.00M (Dec 31 2024)
Last sale anchor
$21.00M
Dec 31 2024
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
$65 / 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
$434,065
Tax year 2023
Assessed value
$13,933,900
Assessed 2023
Previous assessed
$13,080,100
+6.5% YoY
Effective rate
3.12%
On assessed value
Land market value
$12,238,800
Improvement market value
$3,402,700
Total market value
$15,641,500
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1978
Construction
BRICK
Heating
YES
Cooling
YES
Stories
4
Units
392
Total area
324,218 SF
Lot
17.99 ac (783,644 SF)
Zoning code
ML-IM
APN
08-2200023329
UPID
US40-1758561
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$31.9M
INDUSTRIAL (GENERAL)
Est. value
$27.7M
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
4
Units
392
Lot
17.99 ac
Current owner
From public records · entity-resolved
Shawan Kb 245 LLC
Entity
Mailing address
475 5TH AVE FL #10, NEW YORK, NY 10017-6293
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
$21,000,000
Shawan Kb 245 LLC
Dof IV Hunt Valley LLC
Special Warranty Deed
$12,600,000 · Bay Vanguard Bank
Dec 31, 2024
—
Shawan Kb 245 LLC
—
Deed
related
$140,000 · Chary Invesments LLC
Aug 3, 2018
$19,000,000
Dof IV Hunt Valley LLC
Gallerizzo Michael G|hunt Valley Hotel Partners Ll
Trustees Deed
related
—
Mar 28, 2013
$20,700,000
Hunt Valley Hotel Partners LLC
Hei Hunt Valley LLC
Grant Deed
$19,000,000 · Dof IV Reit Holdings LLC
Aug 31, 2004
$29,760,000
Hei Hunt Valley LLC
Shawan Road Hotel
Grant Deed
$2,400,000 · Hei Hospitality Fund Holdings LP
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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