Entity Owned 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
Current use
Occupant on record · Public records
-
Production Facility
-
Construction Company General Contractor
-
Telecommunications Service
-
Engineering Consultant
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
$6.17M
Blend (final)
Blend
$5.95M
Owner & transaction history
since 2021
Last sale
$5.0M
3 recorded transactions
Zoning & alternative use
ML-IM · Lutherville Timonium, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.95M
Value range
$5.35M – $6.54M
±10% around blend
Estimated value / SF
$188 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$5.35M
blend $5.95M
$6.54M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
31,596 SF
Lot area
1.64 ac
Year built
1973
Stories
3
APN
08-0805043202
Zoning
ML-IM
Assessed value
$4,321,800
Annual tax
$28,185
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.64M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.94M
@ 6.5% CAP return
$3.64M
@ 7% CAP return
$3.38M
4
Sales comparison
Partial preview
Sales approach indication
$3.22M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.4 mi away · 36,498 SF
24.9 mi away · 38,067 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.95M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 288 sales
$237
-21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $188/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$350k *
Last sale · Feb 2021
$5.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.75M
Move the market yield to see immediate price impact.
Value / SF
$277
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$315k
$9.00M
$7.88M
$7.00M
$350k
$10.00M
$8.75M
$7.78M
$385k
$11.00M
$9.63M
$8.56M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.25M
9.1 mi · Jan 2026 · $49/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, MDZoning ML-IM · permitted uses
ML-IM · Lutherville Timonium, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
ML-IM
Jurisdiction
Lutherville Timonium, MD
Recorded code
ML-IM
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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