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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
4358 Mtn Rd, Pasadena, MD 21122-4520
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-0721080
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
BRICK
Total area
2,707 SF
Lot
31.8 ac (1,385,208 SF)
Zoning code
C2
APN
03-000-07090810
UPID
US40-0721080
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
$460k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$555k
Owner & transaction history
Northeast Real Estate LLC · 11 yrs held
Northeast Real Estate LLC
since 2015
4 recorded transactions
Zoning & alternative use
C2 · Pasadena, 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
$460,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$545,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$905,000
Change: -20% · 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
$205 / 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
$24,052
Tax year 2023
Assessed value
$2,202,600
Assessed 2023
Previous assessed
$2,202,600
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,720,600
Assessed improvement
$482,000
Land market value
$1,720,600
Improvement market value
$482,000
Total market value
$2,202,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,707 SF
Lot
31.8 ac (1,385,208 SF)
Zoning code
C2
APN
03-000-07090810
UPID
US40-0721080
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C2 · Pasadena, MD
Zoning C2 · permitted uses
C2 · Pasadena, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pasadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$905,000
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
1999
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
31.8 ac
Current owner
From public records · entity-resolved
Northeast Real Estate LLC
Entity
Mailing address
8815 CTR PARK DR STE #400, COLUMBIA, MD 21045-2272
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Northeast Real Estate LLC
—
Deed
related
$178,333 · Sandy Spring Bank
Feb 25, 2015
$1,200,000
Northeast Real Estate LLC
Chesapeake Golf Properties LLC
Deed
$960,000 · Sandy Spring Bank
Dec 27, 2001
$1,400,000
Chesapeake Golf Properties LLC
Fine,morris
Grant Deed
$1,800,000 · Pnc Bank
—
—
Chesapeake Golf Properties LLC
—
Deed Of Trust
related
$100,000 · Pnc Bank
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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