New search
Property profile & analytics
FOR LEASE
Warehouses
700 Evelyn Ave, Linthicum Heights, MD 21090
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-1057180
For Lease
1 / 2
$15,160,000
700 Evelyn Ave, Linthicum Heights, MD 21090
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
BRICK
Total area
166,555 SF
Lot
7.51 ac (327,136 SF)
Zoning code
W1B
APN
05-000-01169000
UPID
US40-1057180
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
-
BASES Gym & Fitness Center Sports School
-
Gavigan's Office & Warehouse Warehouse & Storage
-
Gerimedix Warehouse & Storage
-
A-1 Pallet & Crating, LLC. Freight Service Logistics Company
-
The Big Screen Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.16M
Owner & transaction history
700 Evelyn Property Owner LLC · 2 yrs held
700 Evelyn Property Owner LLC
since 2023
Last sale
$13.6M
5 recorded transactions
Zoning & alternative use
W1B · Linthicum Heights, 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 Linthicum Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Heights 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
$16,570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,280,000
6.5%
$16,875,000
7%
$15,670,000
Blend value · Realmo final
$15.16M
Range $13.64M – $16.68M · ±10% · vs last sale $13.60M (Sep 8 2023)
Last sale anchor
$13.60M
Sep 8 2023
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
$91 / 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
$72,827
Tax year 2023
Assessed value
$6,669,100
Assessed 2023
Previous assessed
$5,887,700
+13.3% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,652,200
Improvement market value
$6,579,700
Total market value
$8,231,900
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
For Lease
Year built
1968
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
166,555 SF
Lot
7.51 ac (327,136 SF)
Zoning code
W1B
APN
05-000-01169000
UPID
US40-1057180
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1B · Linthicum Heights, MD
Zoning W1B · permitted uses
W1B · Linthicum Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
7.51 ac
Current owner
From public records · entity-resolved
700 Evelyn Property Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
120 VLY RD #200, MONTCLAIR, NJ 07042-2321
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
$13,600,000
700 Evelyn Property Owner LLC
700 Eveline Owner LLC
Special Warranty Deed
—
Nov 13, 2020
$8,400,000
700 Eveline Owner LLC
Evelyn Avenue LLC
Special Warranty Deed
$5,400,000 · Minnesota Life Insurance Company
Jul 20, 2017
—
Evelyn Avenue LLC
—
Deed
related
$5,600,000 · Sandy Spring Bk
Dec 12, 2001
—
Evelyn Avenue LLC
700 Evelyn Avenue LP
Quit Claim Deed
related
$3,200,000 · Provident Bank Maryland
—
—
Evelyn Avenue LLC
—
Deed Of Trust
related
$4,325,000 · Eagle Bk
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?”
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.
