Entity Owned
No photos on file
For Sale
Contact for pricing
7121 Dorsey Run Rd, Elkridge, MD 21075
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
WOOD
Total area
9,080 SF
Lot
5 ac (217,800 SF)
Zoning code
M2
APN
01-288040
UPID
US40-1521458
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Engineer
-
Building Supply
-
General Contractor Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.90M
Owner & transaction history
since 2024
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
M2 · Elkridge, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$5.90M
Value range
$5.31M – $6.49M
±10% around blend
Estimated value / SF
$650 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$5.31M
blend $5.90M
$6.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,080 SF
Lot area
5 ac
Year built
2001
Stories
1
APN
01-288040
Zoning
M2
Assessed value
$3,792,400
Annual tax
$38,965
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.97M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 6,600 SF
12.5 mi away · 7,101 SF
14.7 mi away · 6,552 SF
18.9 mi away · 7,264 SF
24.2 mi away · 10,999 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 415 sales
$205
+216%
County 177 sales
$168
+286%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $650/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.30%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$413k *
Last sale · Mar 2024
$5.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$17.96M
Move the market yield to see immediate price impact.
Value / SF
$1,978
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.80%2.30%2.80%
$372k
$20.65M
$16.16M
$13.28M
$413k
$22.94M
$17.96M
$14.75M
$454k
$25.24M
$19.75M
$16.23M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.30M
5.5 mi · Dec 2025 · $226/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$38,965
Tax year 2022
Assessed value
$3,792,400
Assessed 2023
Previous assessed
$3,792,400
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,960,200
Assessed improvement
$1,832,200
Land market value
$1,960,200
Improvement market value
$1,832,200
Total market value
$3,792,400
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2001
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
9,080 SF
Lot
5 ac (217,800 SF)
Zoning code
M2
APN
01-288040
UPID
US40-1521458
Jurisdiction
HOWARD
Zoning & alternative use
M2 · Elkridge, MDZoning M2 · permitted uses
M2 · Elkridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M2
Jurisdiction
Elkridge, MD
Recorded code
M2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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