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Property profile & analytics
OFF-MARKET
Apartment buildings
Avalon Way, Pikesville, MD 21208
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-1631876
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2002
Construction
BRICK
Total area
19,478 SF
Lot
9.41 ac (409,900 SF)
Zoning code
OR2
APN
03-2200029247
UPID
US40-1631876
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Residences At Waterstone LLC · 3 yrs held
Residences At Waterstone LLC
since 2022
Last sale
$101.0M
3 recorded transactions
Zoning & alternative use
OR2 · Pikesville, 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 Pikesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pikesville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$387,794
Tax year 2023
Assessed value
$27,275,867
Assessed 2023
Previous assessed
$27,275,867
+0.0% YoY
Effective rate
1.42%
On assessed value
Land market value
$1,905,500
Improvement market value
$26,602,200
Total market value
$28,507,700
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
3
Units
136
Total area
19,478 SF
Lot
9.41 ac (409,900 SF)
Zoning code
OR2
APN
03-2200029247
UPID
US40-1631876
Jurisdiction
BALTIMORE
Zoning & alternative use
OR2 · Pikesville, MD
Zoning OR2 · permitted uses
OR2 · Pikesville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pikesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
4
Units
136
Lot
9.41 ac
Current owner
From public records · entity-resolved
Residences At Waterstone LLC
Entity
Free & Clear · 3 yrs held
Mailing address
37 GRAHAM ST STE 200B, SAN FRANCISCO, CA 94129-1724
Ownership since
2022
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
Jul 19, 2022
$101,000,000
Residences At Waterstone LLC
Elite Street Cap Waterstone Eqt De
Special Warranty Deed
—
Apr 2, 2018
$60,100,000
Elite Street Cap Waterstone Eq
Kbs Legacy Ptrs Pikesville LLC
Trustees Deed
$47,905,000 · Us Bk NA Series 2012-k710 (ce)
Jul 20, 2001
—
Avalon Village Green Assoc LLC
Avalon Associates LLC
Quit Claim Deed
related
—
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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