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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Bowling alleys
701 Southwick Dr, Towson, MD 21286-2904
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1141608
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1962
Construction
BRICK
Total area
39,648 SF
Lot
3.07 ac (133,589 SF)
Zoning code
BL
APN
09-0918475870
UPID
US40-1141608
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Istar Bowling Centers I LP · 8 yrs held
Istar Bowling Centers I LP
since 2017
6 recorded transactions
Zoning & alternative use
BL · 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
Method
Estimation
Statistic approach
by Request
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
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
$19 / 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
$13,732
Tax year 2023
Assessed value
$1,989,900
Assessed 2023
Previous assessed
$2,037,500
-2.3% YoY
Effective rate
0.69%
On assessed value
Assessed land
$1,332,700
Assessed improvement
$657,200
Land market value
$1,332,700
Improvement market value
$657,200
Total market value
$1,989,900
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1962
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
39,648 SF
Lot
3.07 ac (133,589 SF)
Zoning code
BL
APN
09-0918475870
UPID
US40-1141608
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Towson, MD
Zoning BL · permitted uses
BL · 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
Year built
1962
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Istar Bowling Centers I LP
Entity
Mailing address
39TH FL AVE OF THE AMERICAS FL FL #1114, NEW YORK, NY 10036
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2022
—
Cnli Amf I LP
—
Deed
related
$722,000,000 · Jpmorgan Chase Bank NA
Oct 5, 2017
$2,293,000
Istar Bowling Centers I LP
Amf Bowling Centers INC
Grant Deed
—
Feb 2, 2017
—
Bowlmor Ame Corp
—
Deed
related
$1,670,000 · Credit Suisse Lending LLC
Jul 18, 2014
—
Amf Bowling Centers INC
—
Grant Deed
related
$55,000,000 · Credit Suisse Ag
Jun 9, 2014
—
Amf Bowling Centers INC
—
Grant Deed
related
$1,670,000 · Credit Suisse Ag
—
—
Amf Bowling Centers INC
—
Deed Of Trust
related
$350,000 · Bankers Trust Co
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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