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Property profile & analytics
OFF-MARKET
Estimated value
$9,495,000
Hospitals
346 Gaylor Rd Glen Burnie, MD 21060
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-1416898
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1989
Construction
BRICK
Total area
35,685 SF
Lot
4.95 ac (215,622 SF)
Zoning code
R5
APN
05-000-90035758
UPID
US40-1416898
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
$9.50M
Owner & transaction history
Smw Glen Burnie LLC · 21 yrs held
Smw Glen Burnie LLC
since 2005
6 recorded transactions
Zoning & alternative use
R5 · Glen Burnie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.2M
+16.2%
Industrial (general)
$15.0M
+14.4%
Retail stores
$14.8M
+13.2%
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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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
MEDICAL BUILDING
$13,065,000
Current use
AUTO REPAIR, GARAGE
$15,180,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,950,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$14,790,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$11,900,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$9.50M
Range $8.55M – $10.44M · ±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
$266 / 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
$97,429
Tax year 2023
Assessed value
$8,922,100
Assessed 2023
Previous assessed
$7,095,700
+25.7% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,188,000
Improvement market value
$11,386,900
Total market value
$12,574,900
Applied tax rate
5.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
84
Total area
35,685 SF
Lot
4.95 ac (215,622 SF)
Zoning code
R5
APN
05-000-90035758
UPID
US40-1416898
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R5 · Glen Burnie, MD
Zoning R5 · permitted uses
R5 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$15.2M
INDUSTRIAL (GENERAL)
Est. value
$15.0M
RETAIL STORES
Est. value
$14.8M
WAREHOUSE, STORAGE
Est. value
$11.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1989
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
84
Lot
4.95 ac
Current owner
From public records · entity-resolved
Smw Glen Burnie LLC
Entity
Mailing address
45 BROADWAY 25TH ST, NEW YORK, NY 10006
Ownership since
2005
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
Mar 16, 2022
—
Smv Glen Burnie LLC
—
Deed
related
$316,940,000 · Capital Funding
Jun 24, 2019
—
Smv Glen Burnie LLC
—
Deed
related
$335,000,000 · Column Financial INC
Nov 15, 2016
—
Smv Glen Burnie LLC
—
Deed
related
$710,000,000 · Deutsche Bank National Trust Co
Jan 28, 2005
$17,890,000
Smw Glen Burnie LLC
Mariner Health Of Maryland INC
Grant Deed
$820,000,000 · Column Financial INC
Jan 12, 2004
—
Mariner Health Of Maryland INC
—
Deed Of Trust
related
$5,311,947 · Canadian Imperial Bank Commerc
Jun 4, 2002
—
Mariner Health Of Maryland INC
—
Deed Of Trust
related
$9,000,000 · Residential Funding Corp Ttee
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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