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Property profile & analytics
OFF-MARKET
Estimated value
$2,120,000
Office Spaces
277 Peninsula Farm Rd 2LBLD, Arnold, MD 21012-1018
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1415500
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Total area
2,163 SF
Lot
0.05 ac (2,163 SF)
Zoning code
R2
APN
03-000-90075293
UPID
US40-1415500
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
-
Susan S. Moreland, DNP, CRNP Physician
-
Bruce Turnquist Psyd & Associates Physician Medical Clinic
-
David M. Ochinero, MA Counselor Doctor
-
InspireIM LLC Physician
-
Dr. Lisa Meade Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.12M
Owner & transaction history
Bmc3 LLC · 5 yrs held
Bmc3 LLC
since 2021
Last sale
$2.2M
4 recorded transactions
Zoning & alternative use
R2 · Arnold, 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 Arnold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arnold 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
$2,880,000
ML approach
$2,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±10% · vs last sale $2.15M (Jun 22 2021)
Last sale anchor
$2.15M
Jun 22 2021
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
$980 / 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
$3,236
Tax year 2023
Assessed value
$296,300
Assessed 2023
Previous assessed
$296,300
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$177,700
Assessed improvement
$118,600
Land market value
$177,700
Improvement market value
$118,600
Total market value
$296,300
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
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Units
1
Total area
2,163 SF
Lot
0.05 ac (2,163 SF)
Zoning code
R2
APN
03-000-90075293
UPID
US40-1415500
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R2 · Arnold, MD
Zoning R2 · permitted uses
R2 · Arnold, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arnold. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Bmc3 LLC
Entity
Mailing address
601 RANDELL RD, SEVERNA PARK, MD 21146-4742
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2021
$2,150,000
Bmc3 LLC
Blues Building INC
Deed
$2,486,250 · Sandy Spring Bank
Apr 10, 2020
$700,000
Blues Building INC
South Shr Dev Co
Grant Deed
—
Apr 10, 2020
—
Blues Building INC
—
Deed
related
$1,050,000 · Sandy Spring Bk
—
—
Blues Building INC
—
Deed Of Trust
related
$1,050,000 · Sandy Spring 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.
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