New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,835,000
Hospitals
515 Brightfield Rd, Lutherville, MD 21093-3643
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1820010
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1990
Construction
BRICK
Total area
42,042 SF
Lot
3.74 ac (162,914 SF)
Zoning code
DR1
APN
09-2100013218
UPID
US40-1820010
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
$7.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.84M
Owner & transaction history
Fc Gen Real Estate LLC · 5 yrs held
Fc Gen Real Estate LLC
since 2021
4 recorded transactions
Zoning & alternative use
DR1 · Lutherville, 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 Lutherville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutherville 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
by Request
CAP Approach
CAP Return
Estimation
6%
$8,480,000
6.5%
$7,830,000
7%
$7,270,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,555,000
Current use
RETAIL STORES
$8,960,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$5.84M
Range $5.25M – $6.42M · ±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
$139 / 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
$62,351
Tax year 2023
Assessed value
$6,366,800
Assessed 2023
Previous assessed
$7,337,000
-13.2% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,248,000
Assessed improvement
$5,118,800
Land market value
$1,248,000
Improvement market value
$5,118,800
Total market value
$6,366,800
Applied tax rate
9.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
42,042 SF
Lot
3.74 ac (162,914 SF)
Zoning code
DR1
APN
09-2100013218
UPID
US40-1820010
Jurisdiction
BALTIMORE
Zoning & alternative use
DR1 · Lutherville, MD
Zoning DR1 · permitted uses
DR1 · Lutherville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutherville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$9.6M
RETAIL STORES
Est. value
$9.0M
MEDICAL BUILDING Current
RETAIL STORES
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
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
3.74 ac
Current owner
From public records · entity-resolved
Fc Gen Real Estate LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 25, 2021
—
Fc Gen Real Estate LLC
Genesis Healthcare Holdings Company
Correction Deed
related
—
May 11, 2021
—
Fc Gen Real Estate
Genesis Healthcare Golding Company
Special Warranty Deed
—
Aug 15, 2007
—
Greenspring Meridian
—
Deed Of Trust
related
$1,500,000,000 · General Electric Capital Corp
Apr 11, 2005
—
Greenspring Meridian LP
—
Deed Of Trust
related
$260,000,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 515 Brightfield Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
