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Property profile & analytics
FOR SALE
Office buildings
2700 Philadelphia Rd Edgewood, MD 21040
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-0921564
For Sale
1 / 4
$1,370,000
2700 Philadelphia Rd, Edgewood, MD 21040
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
BRICK
Total area
16,707 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
01-031910
UPID
US40-0921564
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
-
Trellis Autism Waiver Services Medical Clinic
-
Ward Properties Construction Company General Contractor
-
Ward Communities Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Songbird Woods LLC · 9 yrs held
Songbird Woods LLC
since 2016
7 recorded transactions
Zoning & alternative use
B2 · Edgewood, 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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$82 / 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
$10,792
Tax year 2022
Assessed value
$990,200
Assessed 2023
Previous assessed
$990,200
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$200,000
Assessed improvement
$790,200
Land market value
$200,000
Improvement market value
$790,200
Total market value
$990,200
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Sale
Year built
1965
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
16,707 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
01-031910
UPID
US40-0921564
Jurisdiction
HARFORD
Zoning & alternative use
B2 · Edgewood, MDZoning B2 · permitted uses
B2 · Edgewood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Songbird Woods LLC
Entity
Mailing address
2700 PHILADELPHIA RD, EDGEWOOD, MD 21040-1120
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
—
Robert C Ward
—
Deed
related
$625,000 · Orrstown Bank
Feb 22, 2021
—
Robert C Ward
—
Deed
related
$2,464,000 · Peoplesbank
Dec 18, 2020
—
Bob Ward Trademark Homes LLC
—
Deed
related
$200,000 · Chesapeake Bk/md
Dec 27, 2016
$928,125
Songbird Woods LLC
Sonberg Trust
Grant Deed
$728,125 · Sonberg Trust (lt)
Nov 20, 2009
—
Manchester Farms LLC
—
Deed Of Trust
related
$8,260,000 · Columbia Bank
Jun 11, 2001
$152,000
Bob Ward
Forest Lakes LLC
Grant Deed
—
—
—
Bob Ward Trademark Homes LLC
—
Deed Of Trust
related
$200,000 · Chesapeake Bk/md
—
—
Richardsons Legacy LLC
—
Deed Of Trust
related
$450,000 · Richmond American Hms/md INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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