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4 N Park Dr, Hunt Valley, MD 21030
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Property summary
AI-generated overview
The North Park Business Community is a five-building corporate office campus located in Hunt Valley, Maryland, positioned for access to major transportation routes including I-83 and convenient proximity to the Baltimore Beltway, Downtown Baltimore, and BWI Airport. The campus includes landscaped walking paths with open-air patios and picnic areas, and offers on-site parking. Each building is equipped with modern office infrastructure, including multi-zoned HVAC systems, elevators, and security and life-safety equipment. An available office suite within the campus is configured to provide approximately 15,388 square feet of office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
BRICK
Total area
130,000 SF
Lot
7.03 ac (306,227 SF)
Zoning code
MLR
APN
08-2000008255
UPID
US40-1359807
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Engineering Consultant
-
Law Firm
-
Financial Advisor
-
Postal Service Courier Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.96M
Comparable Approach
Comparable
$20.14M
Blend (final)
Blend
$18.80M
Owner & transaction history
since 2025
Last sale
$20.1M
7 recorded transactions
Zoning & alternative use
MLR · Cockeysville, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$18.80M
Value range
$16.92M – $20.68M
±10% around blend
Estimated value / SF
$145 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
40
$16.92M
blend $18.80M
$20.68M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
130,000 SF
Lot area
7.03 ac
Year built
1987
Stories
5
APN
08-2000008255
Zoning
MLR
Assessed value
$12,102,700
Annual tax
$223,337
3
Income approach: direct capitalization
Partial preview
Income approach indication
$14.96M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$16.21M
@ 6.5% CAP return
$14.96M
@ 7% CAP return
$13.89M
4
Sales comparison
Partial preview
Sales approach indication
$12.53M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.4 mi away · 158,838 SF
18.5 mi away · 121,675 SF
24.5 mi away · 119,990 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$18.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 288 sales
$237
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $145/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20.05M
Move the market yield to see immediate price impact.
Value / SF
$154
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.26M
$25.26M
$18.05M
$14.04M
$1.40M
$28.07M
$20.05M
$15.59M
$1.54M
$30.88M
$22.05M
$17.15M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.00M
7.0 mi · Dec 2025 · $6/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$223,337
Tax year 2023
Assessed value
$12,102,700
Assessed 2024
Previous assessed
$12,102,700
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$2,761,900
Assessed improvement
$9,340,800
Land market value
$2,761,900
Improvement market value
$9,340,800
Total market value
$12,102,700
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1987
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
5
Units
2
Total area
130,000 SF
Lot
7.03 ac (306,227 SF)
Zoning code
MLR
APN
08-2000008255
UPID
US40-1359807
Jurisdiction
BALTIMORE
Zoning & alternative use
MLR · Cockeysville, MDZoning MLR · permitted uses
MLR · Cockeysville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
5
Buildings
2
Units
2
Lot
7.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MLR
Jurisdiction
Cockeysville, MD
Recorded code
MLR
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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