New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,900,000
Office buildings
57 Timonium Rd, Lutherville Timonium, MD 21093-3125
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1688645
Property summary
AI-generated overview
Located at 57 W Timonium Rd, Timonium, MD 21093, Axios Office Suites offers a variety of traditional and executive office spaces for lease. This single, three-story Class B building, totaling 25,677 square feet, underwent renovations in 2021. Built in 1987, the property features five available suites ranging from 290 to 567 square feet, ideal for individuals or small teams (up to 10 employees). Each suite provides enclosed amenities for enhanced productivity. The building does not have elevators. The convenient location just off I-83 in Timonium offers easy access to both Towson and Hunt Valley, minimizing commute times. Private mailbox rentals are also available. This is a multi-tenant building offering flexible lease terms at competitive rates, making it an excellent option for new businesses or those seeking to optimize their current office setup. The property is strategically positioned to provide easy access to major roadways, reducing commute times for employees and clients.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
BRICK
Total area
31,596 SF
Lot
1.64 ac (71,438 SF)
Zoning code
ML-IM
APN
08-0805043202
UPID
US40-1688645
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
-
Environmental Products Inc Production Facility
-
PLANIT Remodeling Construction Company General Contractor
-
Voice Net Technologies Inc Telecommunications Service
-
Constellation Design Group Inc Engineering Consultant
-
Anton Russ P DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
$6.17M
Blend (final)
Blend
$4.90M
Owner & transaction history
Axios Timonium LLC · 5 yrs held
Axios Timonium LLC
since 2021
Last sale
$5.0M
3 recorded transactions
Zoning & alternative use
ML-IM · Lutherville Timonium, 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 Timonium submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutherville Timonium 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
$5,945,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,940,000
6.5%
$3,635,000
7%
$3,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,495,000
Current use
MEDICAL BUILDING
$7,180,000
Change: -4% · Conversion: Easy
RETAIL STORES
$6,735,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$4.90M
Range $4.41M – $5.39M · ±10% · vs last sale $5.00M (Feb 11 2021)
Last sale anchor
$5.00M
Feb 11 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
$155 / 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
$28,185
Tax year 2023
Assessed value
$4,321,800
Assessed 2023
Previous assessed
$4,026,300
+7.3% YoY
Effective rate
0.65%
On assessed value
Land market value
$827,400
Improvement market value
$4,085,400
Total market value
$4,912,800
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
2
Total area
31,596 SF
Lot
1.64 ac (71,438 SF)
Zoning code
ML-IM
APN
08-0805043202
UPID
US40-1688645
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Lutherville Timonium, MD
Zoning ML-IM · permitted uses
ML-IM · Lutherville Timonium, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutherville Timonium. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$7.2M
RETAIL STORES
Est. value
$6.7M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1973
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
2
Units
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Axios Timonium LLC
Entity
Mailing address
57 W PO BOX 524TH RD STE 105A, STEVENSON, MD 21153-0524
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Axios Timonium LLC
—
Deed
related
$7,200,000 · Sandy Spring Bank
Feb 11, 2021
$5,000,000
Axios Timonium LLC
Elliott Buildings LLC
Deed
$3,900,000 · Elliott Buildings LLC
Jan 21, 1999
—
Elliott Buildings LLC
Elliott,russell L
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.
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 57 Timonium 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.
