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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Retail space
8374 Piney Orch Pkwy Odenton, MD 21113-1538
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1449220
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
BRICK
Total area
14,722 SF
Lot
1.64 ac (71,221 SF)
Zoning code
O-HIS
APN
04-000-04792200
UPID
US40-1449220
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
LabCorp at Walgreens Paternity Testing Service Medical Laboratory
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.92M
Blend (final)
Blend
$3.59M
Owner & transaction history
Sandeep Patel · 1 yrs held
Sandeep Patel
since 2025
7 recorded transactions
Zoning & alternative use
O-HIS · Odenton, 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 Odenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odenton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,390,000
Change: -12% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,910,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±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
$244 / 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
$39,100
Tax year 2023
Assessed value
$3,580,567
Assessed 2023
Previous assessed
$3,522,100
+1.7% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,144,500
Improvement market value
$2,553,000
Total market value
$3,697,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
14,722 SF
Lot
1.64 ac (71,221 SF)
Zoning code
O-HIS
APN
04-000-04792200
UPID
US40-1449220
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
O-HIS · Odenton, MD
Zoning O-HIS · permitted uses
O-HIS · Odenton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$4.9M
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2013
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Sandeep Patel
Individual
Mailing address
8374 PINEY ORCH PKWY, ODENTON, MD 21113-1538
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
—
Sandeep Patel
—
Deed
related
$1,750,000 · Farmers & Merchants Bank
May 14, 2021
—
Sandeep Patel
—
Deed
related
—
Jun 11, 2018
—
Rieves Deli & Convenience Stor
—
Deed
related
$1,500,000 · Farmers & Merchants Nat'l Bk
May 25, 2017
—
Rieves Deli & Convenience Stor
—
Deed
related
$1,500,000 · Farmers & Merchants Nat'l Bk
—
—
Sandeep Patel
—
Deed Of Trust
related
$75,000 · Branch Banking & Trust Co
—
—
Wg Odenton Md Landlord LLC
—
Deed Of Trust
related
$4,668,099 · Wells Fargo Bk Nw NA
—
—
Sandeep Patel
—
Deed Of Trust
related
$125,000 · Branch Banking & Trust Co
—
—
Rieves Deli & Convenience Stor
—
Loan Modification
related
$1,500,000 · Farmers & Merchants Nat'l Bk
—
—
Rieves Deli & Convenience Stor
—
Loan Modification
related
$1,500,000 · 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.
Try Rey
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