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Property profile & analytics
OFF-MARKET
Commercial real estate
606 Baltimore Ave Ste 404, Towson, MD 21204-4073
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-0309141
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Total area
1,302 SF
Lot
0.03 ac (1,302 SF)
Zoning code
BM-CT
APN
09-2000006425
UPID
US40-0309141
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Healthcare Services Of Maryland LLC · 1 yrs held
Healthcare Services Of Maryland LLC
since 2025
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
BM-CT · Towson, 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 Towson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Towson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,438
Tax year 2023
Assessed value
$169,200
Assessed 2023
Previous assessed
$182,200
-7.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$33,800
Assessed improvement
$135,400
Land market value
$33,800
Improvement market value
$135,400
Total market value
$169,200
Applied tax rate
9.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Heating
NONE
Units
1
Total area
1,302 SF
Lot
0.03 ac (1,302 SF)
Zoning code
BM-CT
APN
09-2000006425
UPID
US40-0309141
Jurisdiction
BALTIMORE
Zoning & alternative use
BM-CT · Towson, MD
Zoning BM-CT · permitted uses
BM-CT · Towson, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Towson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Healthcare Services Of Maryland LLC
Entity
Free & Clear · 1 yrs held
Mailing address
721 HICKORY LOT RD, TOWSON, MD 21286-1428
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$190,000
Healthcare Services Of Maryland LLC
606 Brennan Holdings LLC
Deed
—
Apr 10, 2020
$184,000
606 Brennan Holdings LLC
James A Lindsey JR
Special Warranty Deed
$156,400 · First National Bank Of Pennsylvania
Feb 27, 2018
—
James A Lindsey JR
—
Deed
related
$250,000 · First National Bank Of Pennsylvania
Oct 19, 2009
$257,380
James A Lindsey JR.
Lombardi,richard & Elisabeth M
Grant Deed
$360,000 · Rosedale Federal S & L Assn
Mar 28, 2005
—
Richard Lombardi
Lombardi,richard
Quit Claim Deed
related
—
Jun 11, 2001
$130,200
Richard Lombardi
Frederick M Himes Estate
Grant Deed
$75,000 · Suntrust Bank NA
—
—
Lindsey,james A JR & Shirley A
—
Deed Of Trust
related
$312,666 · Branch Bk&tr
—
—
Richard Lombardi
—
Deed Of Trust
related
$158,200 · 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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