Individually Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,912 SF
Lot
573.84 ac (24,996,472 SF)
Zoning code
AGRIC
APN
05-067715
UPID
US40-1636761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.07M
Owner & transaction history
since 2021
1 recorded transaction
Zoning & alternative use
AGRIC · Sykesville, MD
Top alternative use upside
Retail stores
$1.4M
+27.5%
Auto repair, garage
$1.2M
+6.7%
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 7 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.07M
Value range
$959k – $1.17M
±10% around blend
Estimated value / SF
$154 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
70
$959k
blend $1.07M
$1.17M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,912 SF
Lot area
573.84 ac
Year built
1997
Stories
1
APN
05-067715
Zoning
AGRIC
Assessed value
$17,433,800
Annual tax
$197,002
3
Income approach: direct capitalization
Partial preview
Income approach indication
$795k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$860k
@ 6.5% CAP return
$795k
@ 7% CAP return
$740k
4
Sales comparison
Partial preview
Sales approach indication
$1.95M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.9 mi away · 5,023 SF
15.2 mi away · 7,250 SF
18.3 mi away · 7,101 SF
18.5 mi away · 5,397 SF
18.7 mi away · 5,160 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.07M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 59 sales
$163
-5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $154/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+27%
vs current-use indication
Auto Repair, Garage
Office Building · current use
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
7.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.20%
9.0%
NOI (est.)
$1.22M *
* 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$16.95M
Move the market yield to see immediate price impact.
Value / SF
$2,452
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
6.70%7.20%7.70%
$1.10M
$16.39M
$15.25M
$14.26M
$1.22M
$18.21M
$16.95M
$15.85M
$1.34M
$20.04M
$18.64M
$17.43M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$2.68M
13.8 mi · Jan 2026 · $406/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$197,002
Tax year 2023
Assessed value
$17,433,800
Assessed 2024
Previous assessed
$17,433,800
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$14,738,300
Assessed improvement
$2,695,500
Land market value
$14,738,300
Improvement market value
$2,695,500
Total market value
$17,433,800
Applied tax rate
5.0000
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
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
3
Total area
6,912 SF
Lot
573.84 ac (24,996,472 SF)
Zoning code
AGRIC
APN
05-067715
UPID
US40-1636761
Jurisdiction
CARROLL
Zoning & alternative use
AGRIC · Sykesville, MDZoning AGRIC · permitted uses
AGRIC · Sykesville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
573.84 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
AGRIC
Jurisdiction
Sykesville, MD
Recorded code
AGRIC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AGRIC in Sykesville, MD.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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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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