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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial land
400 Main St, Bel Air, MD 21014-3920
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-2142047
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1940
Total area
4,928 SF
Lot
0.58 ac (25,372 SF)
Zoning code
B2A
APN
03-000834
UPID
US40-2142047
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
$655k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$670k
Owner & transaction history
400 S Main LLC · 6 yrs held
400 S Main LLC
since 2020
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
B2A · 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
Method
Estimation
Statistic approach
$680,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,055,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $500k (Mar 12 2020)
Last sale anchor
$500k
Mar 12 2020
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
$136 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,890
Tax year 2022
Assessed value
$513,000
Assessed 2023
Previous assessed
$513,000
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$513,000
Land market value
$513,000
Total market value
$513,000
Applied tax rate
300.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1940
Heating
RADIANT
Bathrooms
3
Total area
4,928 SF
Lot
0.58 ac (25,372 SF)
Zoning code
B2A
APN
03-000834
UPID
US40-2142047
Jurisdiction
HARFORD
Zoning & alternative use
B2A · Bel Air, MD
Zoning B2A · permitted uses
B2A · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.1M
OFFICE BUILDING
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
1940
Heating
RADIANT
Bathrooms
3
Lot
0.58 ac
Current owner
From public records · entity-resolved
400 S Main LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1021 HIDDEN MOSS DR, COCKEYSVILLE, MD 21030-5411
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
400 S Main LLC
400 S Main LLC
Quit Claim Deed
related
—
Oct 22, 2018
$500,000
400 S Main LLC
Cks Ventures LLC
Grant Deed
$200,000 · Cks Ventures LLC
Feb 26, 2008
$600,000
Cks Ventures LLC
Crue,bronwen M
Grant Deed
$700,000 · Pnc Bank
Feb 8, 2006
—
Bronwen M Crue
Bailey,audrey E
Grant Deed
—
Feb 7, 2006
—
Merle W Bailey
Bailey,vinton E
Quit Claim Deed
related
—
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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