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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Assisted living facilities
300 Seminary Ave, Lutherville Timonium, MD 21093-5339
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0321601
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1912
Construction
BRICK
Total area
12,889 SF
Lot
11.49 ac (500,504 SF)
Zoning code
DR3.5
APN
08-0813021800
UPID
US40-0321601
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
-
collegemanor Social Service Agency
-
College Manor Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.38M
Owner & transaction history
College Manor INC · 3 yrs held
College Manor INC
since 2023
6 recorded transactions
Zoning & alternative use
DR3.5 · Lutherville Timonium, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+64.4%
Restaurant
$2.0M
+39.3%
Auto repair, garage
$1.8M
+29.3%
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 Lutherville Timonium submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutherville Timonium 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,300,000
Change: +64% · Conversion: Difficult
RESTAURANT
$1,950,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,810,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$1,800,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$1,635,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±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
$184 / 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
$37,163
Tax year 2023
Assessed value
$3,086,300
Assessed 2023
Previous assessed
$3,033,300
+1.7% YoY
Effective rate
1.20%
On assessed value
Land market value
$1,057,000
Improvement market value
$2,135,300
Total market value
$3,192,300
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 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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1912
Construction
BRICK
Heating
HOT WATER
Stories
4
Units
2
Total area
12,889 SF
Lot
11.49 ac (500,504 SF)
Zoning code
DR3.5
APN
08-0813021800
UPID
US40-0321601
Jurisdiction
BALTIMORE
Zoning & alternative use
DR3.5 · Lutherville Timonium, MD
Zoning DR3.5 · permitted uses
DR3.5 · Lutherville Timonium, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutherville Timonium. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1912
Construction
BRICK
Heating
HOT WATER
Stories
4
Units
2
Lot
11.49 ac
Current owner
From public records · entity-resolved
College Manor INC
Entity
Mailing address
300 W SEMINARY AVE, LUTHERVILLE TIMONIUM, MD 21093-5339
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
College Manor INC
—
Deed
related
$1,500,000 · First National Bank Of Pennsylvania
Jul 10, 2019
—
College Manor INC
—
Deed
related
$1,410,827 · Old Line Bk
Dec 14, 2012
—
College Manor INC
—
Deed Of Trust
related
$1,280,000 · Bay Bank Fsb
Jan 31, 2008
—
College Manor INC
—
Deed Of Trust
related
$1,150,000 · Bay National Bank
—
—
College Manor INC
—
Loan Modification
related
$1,410,827 · Old Line Bk
—
—
College Manor INC
—
Loan Modification
related
$1,780,000 · Bay Bank Fsb
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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