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Property profile & analytics
OFF-MARKET
Estimated value
$7,945,000
Office buildings
Shawan Rd, MD
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1740589
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
BRICK
Total area
126,596 SF
Lot
6 ac (261,360 SF)
Zoning code
ML
APN
08-1600006967
UPID
US40-1740589
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
$7.95M
Owner & transaction history
Executive Plaza LLC · 1 yrs held
Executive Plaza LLC
since 2024
1 recorded transaction
Zoning & alternative use
ML · Shawan 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 Shawan Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawan Rd 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
$63 / 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
$55,590
Tax year 2023
Assessed value
$8,030,600
Assessed 2023
Previous assessed
$8,920,600
-10.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$4,504,500
Assessed improvement
$3,526,100
Land market value
$4,504,500
Improvement market value
$3,526,100
Total market value
$8,030,600
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 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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
11
Units
2
Total area
126,596 SF
Lot
6 ac (261,360 SF)
Zoning code
ML
APN
08-1600006967
UPID
US40-1740589
Jurisdiction
BALTIMORE
Zoning & alternative use
ML · Shawan Rd, MD
Zoning ML · permitted uses
ML · Shawan Rd, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shawan Rd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
11
Buildings
2
Units
2
Lot
6 ac
Current owner
From public records · entity-resolved
Executive Plaza LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9640 DEERECO RD, TIMONIUM, MD 21093-2120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
—
Executive Plaza LLC
Executive Plaza LLC
Intrafamily Transfer
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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