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Property profile & analytics
OFF-MARKET
Estimated value
$1,955,000
Warehouses
8942 Ft Smallwood Rd, Pasadena, MD 21122-2328
Entity Owned
18-yr Hold
Free & Clear
Property ID
US40-1051129
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Construction
BRICK
Total area
8,828 SF
Lot
2.17 ac (94,525 SF)
Zoning code
C4
APN
03-000-11968700
UPID
US40-1051129
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
$2.59M
Blend (final)
Blend
$1.96M
Owner & transaction history
Pierce Property Management LLC · 18 yrs held
Pierce Property Management LLC
since 2008
5 recorded transactions
Zoning & alternative use
C4 · Pasadena, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.2M
+9.8%
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
WAREHOUSE, STORAGE
$2,945,000
Current use
MEDICAL BUILDING
$3,235,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,705,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.96M
Range $1.76M – $2.15M · ±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
$221 / 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
$18,646
Tax year 2023
Assessed value
$1,707,500
Assessed 2023
Previous assessed
$1,697,000
+0.6% YoY
Effective rate
1.09%
On assessed value
Land market value
$805,200
Improvement market value
$912,800
Total market value
$1,718,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
8,828 SF
Lot
2.17 ac (94,525 SF)
Zoning code
C4
APN
03-000-11968700
UPID
US40-1051129
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Pasadena, MD
Zoning C4 · permitted uses
C4 · Pasadena, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pasadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
2021
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.17 ac
Current owner
From public records · entity-resolved
Pierce Property Management LLC
Entity
Free & Clear · 18 yrs held
Mailing address
8940 FT SMALLWOOD RD, PASADENA, MD 21122-2328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2016
—
Thomas J Pierzchalski JR
—
Deed
related
$1,860,000 · Sandy Spring Bk
Apr 11, 2008
$400,000
Pierce Property Management LLC
Stammer,paul R
Grant Deed
—
Apr 11, 2008
$489,354
Pierce Property Management LLC
Pierzchalski,thomas J JR
Grant Deed
related
—
Mar 4, 2008
—
Thomas J Pierzchalski JR.
Pierzchalski,thomas J SR & Diana L
Quit Claim Deed
—
—
—
Thomas J Pierzchalski JR
—
Deed Of Trust
related
$1,860,000 · Sandy Spring 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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