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Property profile & analytics
OFF-MARKET
Investment properties
500 Sandalwood Rd, Essex, MD 21221-5830
Individually Owned
Free & Clear
Property ID
US40-1499221
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
FRAME
Total area
600 SF
Lot
1.55 ac (67,518 SF)
Zoning code
BMB
APN
15-1503002690
UPID
US40-1499221
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
Ronald Bugierski
Ronald Bugierski
since 2026
Last sale
$200,000
6 recorded transactions
Zoning & alternative use
BMB · Essex, 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 Essex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Essex 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
$1,433
Tax year 2023
Assessed value
$189,400
Assessed 2023
Previous assessed
$189,267
+0.1% YoY
Effective rate
0.76%
On assessed value
Assessed land
$179,000
Assessed improvement
$10,400
Land market value
$179,000
Improvement market value
$10,400
Total market value
$189,400
Applied tax rate
15.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1928
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
600 SF
Lot
1.55 ac (67,518 SF)
Zoning code
BMB
APN
15-1503002690
UPID
US40-1499221
Jurisdiction
BALTIMORE
Zoning & alternative use
BMB · Essex, MD
Zoning BMB · permitted uses
BMB · Essex, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Essex. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
Ronald Bugierski
Individual
Free & Clear · 0 yrs held
Mailing address
222 N MARLYN AVE, ESSEX, MD 21221-3433
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
$200,000
Ronald Bugierski
Maureen Carper
Deed
—
Apr 17, 2023
—
Maureen Carper
Maureen Carper
Intrafamily Transfer
related
—
Jan 31, 2023
—
Maureen Carper
Ronald Buzgierski
Deed
—
Oct 31, 2018
—
David Carper
Carper,david
Quit Claim Deed
related
—
May 25, 2011
—
David Carper
Carper,j Dennis
Quit Claim Deed
related
—
Oct 29, 2008
—
J Dennis Carper
Carper,gertrude H
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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