Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Office buildings
9 Schilling Rd Hunt Valley, MD 21031-1191
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1359883
Property summary
AI-generated overview
This three-story, 38,315-square-foot Class B medical office building at 9 Schilling Road, Cockeysville, MD 21031, offers multiple suites for lease. Located in the desirable Hunt Valley area of Baltimore County, this property boasts a newly renovated exterior (2022) and features a convenient location adjacent to York Road, providing easy access to I-83, Baltimore, and York, PA. The building, originally constructed in 1983, offers ample free parking and is conveniently situated near the MTA Light Rail at Pepper Road Station and Hunt Valley Towne Centre, with its numerous retail amenities and restaurants. Suites range from a minimum of 1,093 square feet to a maximum contiguous space of 5,544 square feet, with 5,544 square feet currently vacant. The building includes one elevator and is zoned for Baltimore County, ML-IM. The 1.74-acre property provides functional floor plans, large windows, and at-grade and elevator-served access. This is an excellent opportunity for medical practices seeking a well-maintained, conveniently located office space in a thriving community. The building offers professional property management and market-competitive rental rates.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
BRICK
Total area
36,940 SF
Lot
1.74 ac (75,794 SF)
Zoning code
ML-IM
APN
08-0803023606
UPID
US40-1359883
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
$4.25M
Comparable Approach
Comparable
$5.72M
Blend (final)
Blend
$4.38M
Owner & transaction history
9 Schilling Road LLC · 9 yrs held
9 Schilling Road LLC
since 2016
3 recorded transactions
Zoning & alternative use
ML-IM · Hunt Valley, 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 Hunt Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hunt Valley 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%
$4,605,000
6.5%
$4,250,000
7%
$3,945,000
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±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
$118 / 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
$19,400
Tax year 2023
Assessed value
$2,977,500
Assessed 2023
Previous assessed
$3,564,300
-16.5% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,307,200
Assessed improvement
$1,670,300
Land market value
$1,307,200
Improvement market value
$1,670,300
Total market value
$2,977,500
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1983
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
36,940 SF
Lot
1.74 ac (75,794 SF)
Zoning code
ML-IM
APN
08-0803023606
UPID
US40-1359883
Jurisdiction
BALTIMORE
Zoning & alternative use
ML-IM · Hunt Valley, MD
Zoning ML-IM · permitted uses
ML-IM · Hunt Valley, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hunt Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
9 Schilling Road LLC
Entity
Mailing address
1954 GREENSPRING DR STE #400, LUTHERVILLE TIMONIUM, MD 21093-4129
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Dec 29, 2016
—
9 Schilling Road LLC
—
Deed
related
$2,250,000 · Miscellaneous Ins Co
—
—
9 Schilling Road LLC
—
Loan Modification
related
$2,250,000 · Miscellaneous Ins Co
—
—
9 Schilling Road LLC
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9 Schilling Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
