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Property profile & analytics
OFF-MARKET
Turn key restaurants
342 Magothy Bch Rd, Pasadena, MD 21122-5032
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-2409734
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Construction
BRICK
Total area
3,594 SF
Lot
0.36 ac (15,500 SF)
Zoning code
R2
APN
03-881-23452303
UPID
US40-2409734
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pasadena Properties LLC · 4 yrs held
Pasadena Properties LLC
since 2021
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
R2 · Pasadena, 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
—
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
$2,385
Tax year 2023
Assessed value
$218,400
Assessed 2023
Previous assessed
$218,400
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$78,700
Assessed improvement
$139,700
Land market value
$78,700
Improvement market value
$139,700
Total market value
$218,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
3,594 SF
Lot
0.36 ac (15,500 SF)
Zoning code
R2
APN
03-881-23452303
UPID
US40-2409734
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R2 · Pasadena, MD
Zoning R2 · permitted uses
R2 · Pasadena, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pasadena. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Pasadena Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
342 MAGOTHY BCH RD, PASADENA, MD 21122-5032
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
$320,000
Pasadena Properties LLC
Emory W Burchett
Deed
—
Jul 13, 2006
$580,611
Emory W Burchett
Real Estate Accommodators LLC
Grant Deed
—
Jan 26, 2006
$425,000
Real Estate Accomodators LLC
J & Js Afterdeck LLC
Grant Deed
—
Mar 31, 2004
$400,000
J & J Afterdeck LLC
Moran,frank G & Shirley D
Grant Deed
$320,000 · First Mariner Bank
Dec 6, 2002
$245,000
Frank G Moran
Rumenap Lehnert Partnership
Grant Deed
$240,000 · Rumenap Lehnert Partnership
Sep 24, 1998
$200,000
Petro Enterprises INC
Lehnert,howard F & Claudia D
Grant Deed
$195,000 · Rumenap Lehnert Partnership
—
—
Emory W Burchett
—
Deed Of Trust
related
$150,000 · County National Bank
—
—
Real Estate Accommodators LLC
—
Deed Of Trust
related
$150,000 · County National Bank
—
—
Emory W Burchett
—
Deed Of Trust
related
$47,285 · Sandy Spring Bank
—
—
Emory W Burchett
—
Deed Of Trust
related
$250,000 · Revere Bank
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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