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Property profile & analytics
FOR LEASE
Grocery and convenience stores
3637-3695 Offutt Rd Randallstown, MD 21133
Entity Owned
Absentee Owner
Free & Clear
Property ID
US40-1780378
For Lease
1 / 2
$18 SF/Yr
3637-3695 Offutt Rd, Randallstown, MD 21133
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1972
Construction
BRICK
Total area
39,187 SF
Lot
8.8 ac (383,328 SF)
Zoning code
BLCNS
APN
02-0223350650
UPID
US40-1780378
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
RANDALLSTOWN PLAZA ASSOCIATES
RANDALLSTOWN PLAZA ASSOCIATES
Zoning & alternative use
BLCNS · Liberty Rd, 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 Randallstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randallstown 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
$202,716
Tax year 2023
Assessed value
$12,528,933
Assessed 2023
Previous assessed
$12,250,767
+2.3% YoY
Effective rate
1.62%
On assessed value
Land market value
$1,760,000
Improvement market value
$11,047,100
Total market value
$12,807,100
Applied tax rate
2.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1972
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
5
Total area
39,187 SF
Lot
8.8 ac (383,328 SF)
Zoning code
BLCNS
APN
02-0223350650
UPID
US40-1780378
Jurisdiction
BALTIMORE
Zoning & alternative use
BLCNS · Liberty Rd, MD
Zoning BLCNS · permitted uses
BLCNS · Liberty Rd, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Liberty Rd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
8.8 ac
Current owner
From public records · entity-resolved
RANDALLSTOWN PLAZA ASSOCIATES
Individual
Free & Clear · 0 yrs held
Mailing address
30 E PADONIA RD STE #504, TIMONIUM, MD 21093-2311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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