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Property profile & analytics
OFF-MARKET
Estimated value
$75,335,000
Warehouses
521 Chelsea Rd, Aberdeen, MD 21001-4305
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-2307868
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Total area
691,604 SF
Lot
35.4 ac (1,542,024 SF)
Zoning code
G1
APN
02-107635
UPID
US40-2307868
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
Current use
Occupant on record · Public records
-
Electrolux Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$78.55M
Comparable Approach
Comparable
$78.43M
Blend (final)
Blend
$75.34M
Owner & transaction history
Cpus 521 Chelsea LP · 5 yrs held
Cpus 521 Chelsea LP
since 2021
Last sale
$72.2M
5 recorded transactions
Zoning & alternative use
G1 · Aberdeen, 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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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
$93,030,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$85,095,000
6.5%
$78,550,000
7%
$72,935,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$122,760,000
Current use
Blend value · Realmo final
$75.34M
Range $67.80M – $82.87M · ±10% · vs last sale $72.18M (Jan 22 2021)
Last sale anchor
$72.18M
Jan 22 2021
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
$109 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$323,734
Tax year 2022
Assessed value
$42,762,300
Assessed 2023
Previous assessed
$37,760,300
+13.2% YoY
Effective rate
0.76%
On assessed value
Assessed land
$4,844,000
Assessed improvement
$37,918,300
Land market value
$4,844,000
Improvement market value
$37,918,300
Total market value
$42,762,300
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Heating
SPACE
Stories
1
Units
1
Total area
691,604 SF
Lot
35.4 ac (1,542,024 SF)
Zoning code
G1
APN
02-107635
UPID
US40-2307868
Jurisdiction
HARFORD
Zoning & alternative use
G1 · Aberdeen, MD
Zoning G1 · permitted uses
G1 · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$122.8M
WAREHOUSE, STORAGE Current
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
2012
Heating
SPACE
Stories
1
Units
1
Lot
35.4 ac
Current owner
From public records · entity-resolved
Cpus 521 Chelsea LP
Entity
Mailing address
PO BOX 638, ADDISON, TX 75001-0638
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
$72,175,990
Cpus 521 Chelsea LP
Ta Chelsea Road LLC
Grant Deed
—
Nov 6, 2019
—
Ta Chelsea Road LLC
—
Deed
related
$62,500,000 · Wells Fargo Bank NA
Jul 29, 2019
$124,600,000
Ta Chelsea Road LLC
Fb 2 LLC
Trustees Deed
$63,000,000 · R2c Sa LP
Sep 30, 2011
—
Fb 1 LLC
—
Deed Of Trust
related
$33,163,611 · Northwestern Mutual Life Ins
—
—
Fb 2 LLC
—
Deed Of Trust
related
$33,060,000 · Northwestern Mutual Life Ins
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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