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Property profile & analytics
FOR LEASE
Office buildings
8501 La Salle Rd 106 Towson, MD 21286
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-0928801
For Lease
$22.50 SF/Yr
8501 La Salle Rd,Unit 106, Towson, MD 21286
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
BRICK
Total area
50,050 SF
Lot
3.24 ac (141,134 SF)
Zoning code
MLIM
APN
09-1900011281
UPID
US40-0928801
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
by Request
Comparable Approach
Comparable
$6.70M
Blend (final)
Blend
$6.21M
Owner & transaction history
The Lasalle Trust · 9 yrs held
The Lasalle Trust
since 2017
7 recorded transactions
Zoning & alternative use
MLIM · Towson, 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 Towson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Towson 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
OFFICE BUILDING
$10,280,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,165,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,250,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$6.21M
Range $5.59M – $6.83M · ±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
$124 / 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
$41,705
Tax year 2023
Assessed value
$6,354,500
Assessed 2023
Previous assessed
$8,164,700
-22.2% YoY
Effective rate
0.66%
On assessed value
Assessed land
$1,944,000
Assessed improvement
$4,410,500
Land market value
$1,944,000
Improvement market value
$4,410,500
Total market value
$6,354,500
Applied tax rate
9.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
50,050 SF
Lot
3.24 ac (141,134 SF)
Zoning code
MLIM
APN
09-1900011281
UPID
US40-0928801
Jurisdiction
BALTIMORE
Zoning & alternative use
MLIM · Towson, MDZoning MLIM · permitted uses
MLIM · Towson, MD
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
OFFICE BUILDING Current
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$8.3M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1988
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
3.24 ac
Current owner
From public records · entity-resolved
The Lasalle Trust
Trust
Mailing address
8501 LA SALLE RD STE #303, TOWSON, MD 21286-5925
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2017
—
Lasalle Trust
—
Deed
related
$9,680,000 · Miscellaneous Ins Co
Jun 23, 2017
$3,210,000
The Lasalle Trust
8501 La Salle Green Owners LLC
Deed
$26,115,000 · Suntrust Bank
Oct 17, 2013
$7,251,160
8501 Lasalle Green Owner LLC
Lasalle Road LLC
Grant Deed
$19,790 · Eagle Bank
Jul 6, 1998
$3,336,650
Lasalle Road LLC
Maryland League Services Corp
Grant Deed
$3,900,000 · Mercantile-safe Deposit & Trus
—
—
Lasalle Trust
—
Deed Of Trust
related
$22,660,000 · Miscellaneous Ins Co
—
—
Lasalle Trust
—
Loan Modification
related
$9,680,000 · Miscellaneous Ins Co
—
—
Lasaleee Road LLC
—
Deed Of Trust
related
$5,200,000 · Column Financial INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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