Entity Owned Property summary
AI-generated overview
The property is a flex space building located within the 165-acre Cromwell Business Park in Anne Arundel County, Maryland, with convenient access to I-97, I-95, the Baltimore-Washington Parkway (MD 295), and MD Routes 100, 176, and 648, and situated adjacent to BWI Airport for connections to Baltimore, Washington, D.C., Annapolis, and Columbia. It is constructed with brick on block exterior walls. The space includes approximately 1,927 square feet of office area and 2,533 square feet of warehouse area; the warehouse includes three dock doors measuring 8 feet by 10 feet. Ceiling heights are approximately 16 to 24 feet clear in the flex/warehouse area and approximately 9.5 feet clear in the office area. Parking is provided at a rate of approximately 4 to 5 spaces per 1,000 square feet. The property is zoned W-1, C2, and C4.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,826 SF
Lot
5.33 ac (232,175 SF)
Zoning code
W1
APN
05-084-90052786
UPID
US40-1476533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply Construction Company
-
Production Facility
-
Building Supply Construction Company
-
Swimwear Store
-
Construction Company General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.65M
Blend (final)
Blend
$12.62M
Owner & transaction history
since 2020
3 recorded transactions
Zoning & alternative use
W1 · Glen Burnie, MD
Top alternative use upside
Restaurant
$13.5M
+16.0%
Auto repair, garage
$11.8M
+1.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$12.62M
Value range
$11.36M – $13.88M
±10% around blend
Estimated value / SF
$454 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$11.36M
blend $12.62M
$13.88M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
27,826 SF
Lot area
5.33 ac
Year built
1987
Stories
1
APN
05-084-90052786
Zoning
W1
Assessed value
$5,143,300
Annual tax
$56,165
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.94M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.0 mi away · 25,571 SF
22.8 mi away · 25,140 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$12.62M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 68 sales
$419
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $454/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+16%
vs current-use indication
Auto Repair, Garage
Industrial (general) · current use
Retail Stores
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.14M
Move the market yield to see immediate price impact.
Value / SF
$185
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$324k
$6.48M
$4.63M
$3.60M
$360k
$7.20M
$5.14M
$4.00M
$396k
$7.92M
$5.66M
$4.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.42M
9.7 mi · Dec 2025 · $55/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,165
Tax year 2023
Assessed value
$5,143,300
Assessed 2023
Previous assessed
$5,142,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,385,800
Improvement market value
$3,758,300
Total market value
$5,144,100
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
27,826 SF
Lot
5.33 ac (232,175 SF)
Zoning code
W1
APN
05-084-90052786
UPID
US40-1476533
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1 · Glen Burnie, MDZoning W1 · permitted uses
W1 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
5.33 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
W1
Jurisdiction
Glen Burnie, MD
Recorded code
W1
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