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Property profile & analytics
OFF-MARKET
Auto shops
5 Carlvon Rd, Owings Mills, MD 21117-3503
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US40-2327275
Property summary
AI-generated overview
This commercial lot in Owings Mills, Baltimore County, is typically offered for lease and suitable for various business uses. Previously operating as a used car sales location, the property is zoned BR and fully fenced, equipped with a security system and cameras. The lease includes a building featuring three offices, a meeting room, a full bath, and a full kitchen on the first level. The second floor contains an apartment with two separate rooms and a full bath. The basement features a finished area, offering three additional rooms, a bathroom, and laundry facilities. A drive-through garage/storage/workshop is also included. The property benefits from good visibility on Reisterstown Road.
Property profile
Verified
Property type
Auto shops
Use group
OFFICE BUILDING
Year built
1956
Total area
1,435 SF
Lot
0.38 ac (16,683 SF)
Zoning code
BL
APN
04-1700014304
UPID
US40-2327275
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Igor Braun · 19 yrs held
Igor Braun
since 2006
4 recorded transactions
Zoning & alternative use
BL · Owings Mills, 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 Owings Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owings Mills 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,465
Tax year 2023
Assessed value
$362,700
Assessed 2023
Previous assessed
$352,700
+2.8% YoY
Effective rate
0.68%
On assessed value
Land market value
$175,000
Improvement market value
$207,700
Total market value
$382,700
Applied tax rate
4.0000
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
Auto shops
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Stories
1
Units
1
Total area
1,435 SF
Lot
0.38 ac (16,683 SF)
Zoning code
BL
APN
04-1700014304
UPID
US40-2327275
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Owings Mills, MD
Zoning BL · permitted uses
BL · Owings Mills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Owings Mills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Igor Braun
Individual
Mailing address
11717 GREENSPRING AVE, LUTHERVILLE, MD 21093-1413
Ownership since
2006
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
Nov 8, 2006
$234,900
Igor Braun
Groft,judy A
Grant Deed
$187,920 · Bank Of America
Mar 2, 1998
$87,000
Judy A Groft
First National Bank Maryland
Grant Deed
$69,600 · Founders Mortgage Co
—
—
Judy A Groft
—
Deed Of Trust
related
$35,000 · Washington Mutual Fsb
—
—
Judy A Groft
—
Deed Of Trust
related
$68,400 · Washington Mutual Fsb
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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