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Property profile & analytics
OFF-MARKET
Office Spaces
4 Nn Ave 204, Bel Air, MD 21014-2314
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1411829
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1994
Total area
939 SF
Lot
1 ac (43,560 SF)
Zoning code
ORI
APN
03-295230
UPID
US40-1411829
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
-
Candace Crew Foster Care Service Social Service Agency
-
... Physician
-
Latoya Victor Physician
-
Alliance Clinic Inc: Parson Jane Medical Clinic
-
Challenge Island belair/whitemarsh Training Center Tutoring Service
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
Sfs Enterprises LLC · 3 yrs held
Sfs Enterprises LLC
since 2022
Last sale
$205,000
6 recorded transactions
Zoning & alternative use
ORI · Bel Air, 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 Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,271
Tax year 2022
Assessed value
$220,300
Assessed 2023
Previous assessed
$208,400
+5.7% YoY
Effective rate
1.03%
On assessed value
Land market value
$73,200
Improvement market value
$170,900
Total market value
$244,100
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
Year built
1994
Heating
NONE
Units
1
Total area
939 SF
Lot
1 ac (43,560 SF)
Zoning code
ORI
APN
03-295230
UPID
US40-1411829
Jurisdiction
HARFORD
Zoning & alternative use
ORI · Bel Air, MD
Zoning ORI · permitted uses
ORI · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Sfs Enterprises LLC
Entity
Mailing address
12 LEWISVILLE RD, ELKTON, MD 21921-2101
Ownership since
2022
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
Aug 9, 2022
$205,000
Sfs Enterprises LLC
Richard A Suarez
Deed
$165,000 · M & T Bank
Jun 8, 2012
$225,360
Richard A Suarez Murias
Annies Estate LLC
Deed
$180,000 · Branch Banking And Trust Co
Jun 16, 2006
$297,625
Annies Estate LLC
North Park Centre LLC
Grant Deed
$240,000 · North Parke Centre LLC
Jan 18, 2005
$162,500
North Park Centre LLC
Toner,michael A & Bonnie A
Grant Deed
$113,750 · Michael & Janet Thompson
—
—
Richard A Suarez-murias
—
Deed Of Trust
related
$180,000 · Branch Banking & Trust Co
—
—
Annies Estate LLC
—
Deed Of Trust
related
$227,922 · Investors Trust Co
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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