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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Manufacturing properties
74 Owings Mls Blvd, Owings Mills, MD 21117
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-1632990
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
BRICK
Total area
6,000 SF
Lot
0.83 ac (36,246 SF)
APN
04-2300011115
UPID
US40-1632990
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
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$935k
Owner & transaction history
Mays Brothers LLC · 6 yrs held
Mays Brothers LLC
since 2020
Last sale
$912,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.6M
+71.7%
Office building
$1.4M
+57.6%
Medical building
$1.4M
+51.0%
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 Owings Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owings Mills 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
$1,130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$905,000
Current use
WAREHOUSE, STORAGE
$1,550,000
Change: +72% · Conversion: Easy
OFFICE BUILDING
$1,425,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$1,365,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $912k (May 5 2020)
Last sale anchor
$912k
May 5 2020
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
$156 / 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
$5,519
Tax year 2023
Assessed value
$722,500
Assessed 2023
Previous assessed
$698,600
+3.4% YoY
Effective rate
0.76%
On assessed value
Land market value
$249,600
Improvement market value
$520,700
Total market value
$770,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
6,000 SF
Lot
0.83 ac (36,246 SF)
APN
04-2300011115
UPID
US40-1632990
Jurisdiction
BALTIMORE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$905,000
WAREHOUSE, STORAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Mays Brothers LLC
Entity
Free & Clear · 6 yrs held
Mailing address
74 GWYNNS ML CT, OWINGS MILLS, MD 21117-3532
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
May 5, 2020
$729,600
Mays Brothers LLC
Mays Family LLC
Grant Deed
—
May 5, 2020
—
Mays Brothers LLC
—
Deed
related
$279,600 · Farmers & Merchants Nat'l Bk
Dec 10, 2019
$912,000
Mays Family LLC
Quercus Alba LLC
Grant Deed
—
Dec 11, 2002
$354,070
Quercus Alba LLC
Gwynns Mills Property LLC
Grant Deed
$265,000 · Wyman Park Fed'l S & L Assn
—
—
Mays Brothers LLC
—
Loan Modification
related
$279,600 · Farmers & Merchants Nat'l 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.
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