New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Apartment buildings
Greene Tree Rd, Pikesville, MD 21208
Individually Owned
8-yr Hold
Absentee Owner
Property ID
US40-1620794
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2002
Construction
BRICK
Total area
13,699 SF
Lot
3.72 ac (162,043 SF)
Zoning code
OR2
APN
03-2400001239
UPID
US40-1620794
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
$2.92M
Blend (final)
Blend
$2.48M
Owner & transaction history
Elite Street Cap Waterstone Eq · 8 yrs held
Elite Street Cap Waterstone Eq
since 2018
2 recorded transactions
Zoning & alternative use
OR2 · Pikesville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.2M
+78.5%
Restaurant
$3.1M
+75.9%
Office building
$2.8M
+58.9%
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
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
APARTMENT HOUSE (5+ UNITS)
$1,770,000
Current use
AUTO REPAIR, GARAGE
$3,160,000
Change: +79% · Conversion: Difficult
RESTAURANT
$3,115,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$2,815,000
Change: +59% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,510,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,260,000
Change: +28% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,085,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$1,990,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$2.48M
Range $2.23M – $2.72M · ±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
$181 / 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
$145,024
Tax year 2023
Assessed value
$10,156,300
Assessed 2023
Previous assessed
$10,156,300
+0.0% YoY
Effective rate
1.43%
On assessed value
Land market value
$1,376,000
Improvement market value
$9,278,300
Total market value
$10,654,300
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 (5+ UNITS)
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
2
Units
6
Total area
13,699 SF
Lot
3.72 ac (162,043 SF)
Zoning code
OR2
APN
03-2400001239
UPID
US40-1620794
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RESTAURANT
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
2002
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
4
Units
6
Lot
3.72 ac
Current owner
From public records · entity-resolved
Elite Street Cap Waterstone Eq
Individual
Mailing address
37 GRAHAM ST STE 200B, SAN FRANCISCO, CA 94129-1724
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2019
—
Elite Street Cap Waterstone Eq
—
Grant Deed
related
$42,160,000 · Greystone Svcg
Apr 2, 2018
$60,100,000
Elite Street Cap Waterstone Eq
Kbs Legacy Ptrs Pikesville LLC
Grant Deed
$47,905,000 · Us Bk NA Series 2012-k710 (ce)
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 Greene Tree 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.
