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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Motels
827 Elkridge Lndg Rd Linthicum, MD 21090-2902
Entity Owned
11-yr Hold
Free & Clear
Property ID
US40-0910959
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
BRICK
Total area
41,184 SF
Lot
1.81 ac (78,844 SF)
Zoning code
W1-BW
APN
05-000-05898600
UPID
US40-0910959
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
-
Red Roof PLUS+ Baltimore - Washington DC/BWI Airport Hotel & Motel
-
Port of Maryland Port Authority
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.05M
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.47M
Owner & transaction history
R LP · 11 yrs held
R LP
since 2014
2 recorded transactions
Zoning & alternative use
W1-BW · Linthicum, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,305,000
6.5%
$3,050,000
7%
$2,830,000
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±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
$60 / 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
$43,113
Tax year 2023
Assessed value
$3,948,100
Assessed 2023
Previous assessed
$5,392,400
-26.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$999,700
Assessed improvement
$2,948,400
Land market value
$999,700
Improvement market value
$2,948,400
Total market value
$3,948,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
131
Total area
41,184 SF
Lot
1.81 ac (78,844 SF)
Zoning code
W1-BW
APN
05-000-05898600
UPID
US40-0910959
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1-BW · Linthicum, MDZoning W1-BW · permitted uses
W1-BW · Linthicum, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
131
Lot
1.81 ac
Current owner
From public records · entity-resolved
R LP
Entity
Free & Clear · 11 yrs held
Mailing address
5847 SAN FELIPE ST, HOUSTON, TX 77057-3000
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2014
—
R LP
Rri Bwi LLC
Grant Deed
—
Jun 14, 2011
—
Rri Bwi LLC
Glenn Dorothy Trust
Grant Deed
—
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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