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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
4117 Joppa Rd, Perry Hall, MD 21128
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0525954
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
BRICK
Total area
2,616 SF
Lot
0.54 ac (23,478 SF)
Zoning code
BLCSA
APN
11-1123001375
UPID
US40-0525954
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
$355k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$555k
Owner & transaction history
Baltimore County Sav Bank Fsb · 22 yrs held
Baltimore County Sav Bank Fsb
since 2003
3 recorded transactions
Zoning & alternative use
BLCSA · Perry Hall, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$870,000
+56.0%
Warehouse, storage
$675,000
+21.3%
Office building
$620,000
+11.3%
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 Perry Hall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry Hall 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Current use
COMMERCIAL (GENERAL)
$870,000
Change: +56% · Conversion: Easy
WAREHOUSE, STORAGE
$675,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$620,000
Change: +11% · Conversion: Easy
MEDICAL BUILDING
$595,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$212 / 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
$4,329
Tax year 2023
Assessed value
$552,300
Assessed 2023
Previous assessed
$552,300
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$344,100
Assessed improvement
$208,200
Land market value
$344,100
Improvement market value
$208,200
Total market value
$552,300
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,616 SF
Lot
0.54 ac (23,478 SF)
Zoning code
BLCSA
APN
11-1123001375
UPID
US40-0525954
Jurisdiction
BALTIMORE
Zoning & alternative use
BLCSA · Perry Hall, MD
Zoning BLCSA · permitted uses
BLCSA · Perry Hall, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perry Hall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$675,000
OFFICE BUILDING
Est. value
$620,000
MEDICAL BUILDING
Est. value
$595,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL 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
1983
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Baltimore County Sav Bank Fsb
Entity
Free & Clear · 22 yrs held
Mailing address
901 MIDDLE RIV RD, BALTIMORE, MD 21220-2400
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2021
—
4117 E Joppa Road LLC
—
Deed
related
$477,000 · First National Bank Of Pennsylvania
Sep 17, 2003
$550,000
Baltimore County Sav Bank Fsb
Wawa INC
Grant Deed
related
—
—
—
4117 E Joppa Road LLC
—
Loan Modification
related
$480,000 · First Nat'l Bk/pa
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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