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Property profile & analytics
OFF-MARKET
Office buildings
655 Main St, Reisterstown, MD 21136-1956
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US40-1904128
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
BRICK
Total area
1,092 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RO
APN
04-0411067429
UPID
US40-1904128
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
-
Serenity Pastoral Counseling Center Counselor
-
Triple E Heating and Air HVAC Service General Contractor
-
Secure Alarms Baltimore - Security Cameras, Intercom & Gates Security Service General Contractor
-
Ivy Medical Training Center Training Center
-
Assertive Home Care Home Health Care Service
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
Bober Burgan Building LLC · 19 yrs held
Bober Burgan Building LLC
since 2007
7 recorded transactions
Zoning & alternative use
RO · Reisterstown, 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 Reisterstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reisterstown 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
$1,633
Tax year 2023
Assessed value
$247,533
Assessed 2023
Previous assessed
$218,000
+13.5% YoY
Effective rate
0.66%
On assessed value
Land market value
$185,300
Improvement market value
$121,300
Total market value
$306,600
Applied tax rate
4.0000
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
1949
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Bathrooms
1
Total area
1,092 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RO
APN
04-0411067429
UPID
US40-1904128
Jurisdiction
BALTIMORE
Zoning & alternative use
RO · Reisterstown, MD
Zoning RO · permitted uses
RO · Reisterstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reisterstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Bathrooms
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Bober Burgan Building LLC
Entity
Mailing address
4507 ALLEN RD, RANDALLSTOWN, MD 21133-1025
Ownership since
2007
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
Aug 16, 2017
—
Bober Burgan Building LLC
—
Deed
related
$325,000 · Chesapeake Bk/md
May 21, 2007
$500,000
Bober Burgan Building LLC
Timothy J Madden
Deed
$400,000 · Wachovia Bank NA
Aug 12, 1997
—
Timothy J Madden
Madden,timothy J
Quit Claim Deed
related
$160,000 · Farmers & Merchants Bk Fowbles
Aug 12, 1997
$22,500
Timothy J Madden
Lockhart,thomas
Grant Deed
—
Aug 12, 1997
$90,580
Madden,timothy J
Lockhart,thomas J
Trustees Deed
—
—
—
Timothy J Madden
—
Deed Of Trust
related
$292,000 · First Home Mortgage
—
—
Bober Burgan Building LLC
—
Deed Of Trust
related
$30,000 · Chesapeake Bk/md
—
—
Bober Burgan Building LLC
—
Deed Of Trust
related
$325,000 · Chesapeake Bk/md
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
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