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Property profile & analytics
OFF-MARKET
Estimated value
$7,040,000
Warehouses
601 Nursery Rd Linthicum Hts, MD 21090-1406
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0073830
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
BRICK
Total area
22,739 SF
Lot
8.13 ac (354,274 SF)
Zoning code
W2
APN
05-000-05526587
UPID
US40-0073830
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
-
Rommel Construction, LLC Commercial MEP Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.51M
Blend (final)
Blend
$7.04M
Owner & transaction history
Sgi Nursery Road Properties LLC · 1 yrs held
Sgi Nursery Road Properties LLC
since 2025
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
W2 · Linthicum Hts, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.4M
+50.2%
Restaurant
$11.0M
+45.7%
Auto repair, garage
$9.7M
+27.6%
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 Linthicum Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Hts 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,585,000
Current use
OFFICE BUILDING
$11,385,000
Change: +50% · Conversion: Difficult
RESTAURANT
$11,045,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,670,000
Change: +28% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,525,000
Change: +26% · Conversion: Easy
RETAIL STORES
$9,425,000
Change: +24% · Conversion: Moderate
MEDICAL BUILDING
$8,325,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$7.04M
Range $6.34M – $7.74M · ±10% · vs last sale $7.30M (Dec 31 2024)
Last sale anchor
$7.30M
Dec 31 2024
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
$310 / 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
$46,887
Tax year 2023
Assessed value
$4,293,667
Assessed 2023
Previous assessed
$4,214,500
+1.9% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,740,700
Improvement market value
$2,711,300
Total market value
$4,452,000
Applied tax rate
5.0000
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
1962
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
2
Total area
22,739 SF
Lot
8.13 ac (354,274 SF)
Zoning code
W2
APN
05-000-05526587
UPID
US40-0073830
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W2 · Linthicum Hts, MD
Zoning W2 · permitted uses
W2 · Linthicum Hts, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Hts. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.6M
OFFICE BUILDING
Est. value
$11.4M
RESTAURANT
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$9.7M
INDUSTRIAL (GENERAL)
Est. value
$9.5M
RETAIL STORES
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$8.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1962
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
2
Units
2
Lot
8.13 ac
Current owner
From public records · entity-resolved
Sgi Nursery Road Properties LLC
Entity
Mailing address
601 NURSERY RD, LINTHICUM, MD 21090-1406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$7,300,000
Sgi Nursery Road Properties LLC
Rommel Nursery Road LLC
Deed
$5,475,000 · Wells Fargo National Bank West
Jun 22, 2021
—
Rommel Nursery Road LLC
—
Deed
related
$4,500,000 · The Bank Of Delmarva
Mar 15, 2019
—
Rommel Nursery Road LLC
Rommel Nursery Road LLC
Quit Claim Deed
related
—
Dec 12, 2011
$3,200,000
Rommel Nursery Road LLC
University Boulevard II LLC
Grant Deed
$3,145,000 · Pnc Bank
Nov 29, 2010
$1,318,384
University Boulevard II LLC
Van Hise Realty LLC
Deed In Lieu Of Foreclosure
—
Jun 30, 2004
$2,350,000
Van Hise Realty LLC
Thyssenkrupp Elevator Corp
Grant Deed
—
Jun 30, 2004
$10
Van Hise Realty LLC
Thyssenkrupp Elevator Corp
Quit Claim Deed
related
$1,375,000 · Branch Banking & Trust Co
—
—
Van Hise Realty LLC
—
Deed Of Trust
related
$100,000 · Howard Bank
—
—
Van Hise Realty LLC
—
Deed Of Trust
related
$1,367,000 · Howard Bank
—
—
Rommel Nursery Road LLC
—
Deed Of Trust
related
$3,573,987 · Pnc Bank
—
—
Van Hise Realty LLC
—
Deed Of Trust
related
$1,133,000 · Mid-atlantic Business Finance
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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