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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Specialty properties
545 Bay Hls Dr Arnold, MD 21012-2001
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-2227606
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1973
Construction
BRICK
Total area
6,048 SF
Lot
121.59 ac (5,296,460 SF)
Zoning code
OS
APN
03-000-90005029
UPID
US40-2227606
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
$2.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Bay Hills Land Holdings LLC · 3 yrs held
Bay Hills Land Holdings LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
OS · Arnold, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.4M
+423.8%
Commercial (general)
$1.3M
+102.5%
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 Arnold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arnold 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
$2,375,000
ML approach
$2,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,420,000
Change: +424% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,320,000
Change: +103% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $1.95M (Jun 8 2023)
Last sale anchor
$1.95M
Jun 8 2023
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
$354 / 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
$43,941
Tax year 2023
Assessed value
$4,023,900
Assessed 2023
Previous assessed
$4,023,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,823,800
Assessed improvement
$2,200,100
Land market value
$1,823,800
Improvement market value
$2,200,100
Total market value
$4,023,900
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
6,048 SF
Lot
121.59 ac (5,296,460 SF)
Zoning code
OS
APN
03-000-90005029
UPID
US40-2227606
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
OS · Arnold, MDZoning OS · permitted uses
OS · Arnold, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1973
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
121.59 ac
Current owner
From public records · entity-resolved
Bay Hills Land Holdings LLC
Entity
Mailing address
450 CLOVERDALE CIR, SEVERNA PARK, MD 21146-2306
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$1,950,000
Bay Hills Land Holdings LLC
Bay Hills Golf LLC
Deed
$1,505,000 · First Citizens Bank & Trust Co
Nov 10, 2014
$4,064,116
Bay Hills Golf LLC
Wsg Bay Hills IV LLC
Grant Deed
—
Jun 7, 2005
$5,650,000
Wsg Bay Hills IV LLC
Apgm
Grant Deed
$61,450 · General Electric Capital Corp
May 24, 1999
$228,668
Robert H Schlegel
Broadneck Dev Corp
Grant Deed
$175,000 · Crestar Mortgage Corp
May 20, 1999
$283,542
Robert J Stankard
Broadneck Developement Corp
Grant Deed
$185,000 · Bank Of America Fsb
Nov 2, 1998
—
Apgm LP
Herb Rose INC
Grant Deed
$75,000,000 · Credit Lyonnais New York
Aug 11, 1998
$220,706
James L Nesbitt
Broadneck Development Corp
Grant Deed
$187,000 · Charter One Mortgage Corp
Apr 7, 1998
$249,800
Robert W Polek
Broadneck Development Corp
Grant Deed
$185,000 · Accubanc Mortgage Corp
—
—
Wsg Bay Hills IV LLC
—
Deed Of Trust
related
$50,600,000 · General Electric Capital Corp
—
—
Robert H Schlegel
—
Deed Of Trust
related
$100,000 · Suntrust 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.
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