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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Medical Office Space
85 Kindred Way Glen Burnie, MD 21061-5240
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1854286
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
14,040 SF
Lot
1.4 ac (61,071 SF)
Zoning code
C3
APN
03-674-90233141
UPID
US40-1854286
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
-
Mayurkumar Gohel, MD Medical Clinic
-
Mahmood Solaiman Physician
-
Kandasamy Ambalavanar Physician
-
Nnaemeka Agajelu Physician
-
Anita Mbah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$2.70M
Owner & transaction history
Ribera-parker Farm LLC · 15 yrs held
Ribera-parker Farm LLC
since 2011
3 recorded transactions
Zoning & alternative use
C3 · Glen Burnie, 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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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%
$3,395,000
6.5%
$3,130,000
7%
$2,910,000
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±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
$192 / 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
$35,703
Tax year 2023
Assessed value
$3,269,500
Assessed 2023
Previous assessed
$3,438,200
-4.9% YoY
Effective rate
1.09%
On assessed value
Assessed land
$981,400
Assessed improvement
$2,288,100
Land market value
$981,400
Improvement market value
$2,288,100
Total market value
$3,269,500
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Heating
PACKAGE
Buildings
2
Stories
2
Units
1
Total area
14,040 SF
Lot
1.4 ac (61,071 SF)
Zoning code
C3
APN
03-674-90233141
UPID
US40-1854286
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Glen Burnie, MDZoning C3 · permitted uses
C3 · Glen Burnie, 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
2016
Heating
PACKAGE
Stories
2
Buildings
2
Units
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Ribera-parker Farm LLC
Entity
Free & Clear · 15 yrs held
Mailing address
502 PINEFIELD DR, SEVERNA PARK, MD 21146-2320
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2021
—
Heritage Preserve Estates LLC
—
Deed
related
$1,600,000 · First Citizens Bank & Trust Co
Jun 9, 2014
—
Heritage Preserve Estate LLC
—
Grant Deed
related
$1,900,000 · Branch Bk&tr
Jan 12, 2011
$265,000
Ribera-parker Farm LLC
Parker,levin R JR & Donaldson L
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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