Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    448 E Baltimore St Taneytown, MD 21787

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $99,997

    Profitable restaurant with loyal customer base in downtown Taneytown.

    Lot size:
    0.23 Acres

    Property Features for 448 E Baltimore St

    General Information

    Standard status
    Active
    Lot size
    0.23 Acres

    We can help!

    Listing Contact
    Russ Dukan
    Source: Exprealty

    Listing Agency: Allfirst Realty, Inc. Listing Agent: Russ Dukan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Established Restaurant in Historic Taneytown

    This is an established restaurant located in historic downtown Taneytown. Situated along the E Baltimore Street corridor, the location benefits from high visibility and strong local traffic. The restaurant has a loyal customer base and a fully equipped kitchen. Indoor and outdoor seating is available for guests. The restaurant is ready for immediate operation.
    Location Intelligence

    Current Use by Public Records

    Belisimo's Italian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taneytown
    County
    Carroll
    State
    Maryland
    Longitude
    -77.1620796
    Latitude
    39.6513194

    Nearby Similar for Sale

    • $1,399,900
      35.90 Acres

      Secluded Carroll County Estate

      35.9-acre estate with luxury amenities and multiple outbuildings.
      3989 Kump Station Rd, Taneytown, MD 21787
      View Details
    • $499,000
      0.11 Acres

      Turn Key Meat Processing Store

      Profitable meat processing and retail store in Taneytown.
      12R Middle St, Taneytown, MD 21787
      View Details
    • $680,997
      0.23 Acres

      Established Restaurant in Historic Taneytown

      Turnkey restaurant with real estate in high-traffic downtown location.
      448 E Baltimore St, Taneytown, MD 21787
      View Details
    • $99,997
      0.23 Acres

      Profitable Restaurant Business Opportunity

      Established Taneytown restaurant with loyal customer base and strong reputation.
      448 E Baltimore St, Taneytown, MD 21787
      View Details
    • $1,523,200
      108.80 Acres

      Taneytown Farm with Tillable Acres

      108.8-acre farm featuring 85 tillable acres in Taneytown, MD.
      Crouse Mill Rd, Taneytown, MD 21787
      View Details
    • $340,900

      Versatile Commercial Building with Warehouse

      6000 sq ft building with retail and warehouse space.
      239 E Baltimore St, Taneytown, MD 21787
      View Details
    • $1,632,000

      Taneytown Farm with Tillable Acres

      108.8-acre farm featuring 85 tillable acres in Taneytown, Maryland.
      Crouse Mill Rd, Taneytown, MD 21787
      View Details
    • $550,000

      Specialty Property for Sale

      Specialty property available for sale.
      4010 Fringer Rd, Taneytown, MD 21787
      View Details
    • $205,000

      Taneytown Specialty Property For Sale

      Specialty property in Taneytown, Maryland available for purchase.
      8 Courtland St, Taneytown, MD 21787
      View Details
    • $227,000

      Taneytown Specialty Property For Sale

      Specialty property available for purchase in Taneytown, Maryland.
      138 Grand Dr, Taneytown, MD 21787
      View Details
    • $450,000

      Planetree Drive Specialty Property

      Specialty property available for sale on Planetree Drive.
      27 Planetree Dr, Taneytown, MD 21787
      View Details
    • $380,000

      Specialty Property in Taneytown

      Specialty property available for sale in Taneytown, Maryland.
      428 E Baltimore St, Taneytown, MD 21787
      View Details

    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant with loyal customer base in downtown Taneytown.
    Where is this restaurant located?
    The property is located at 448 E Baltimore St Taneytown, MD.
    What is the asking price?
    The asking price for this property is $99,997.
    What are key features of this property?
    This property features: - Income-producing, well-established restaurant with a strong reputation and loyal customer base.; - Fully equipped kitchen allows for immediate operation and continued success.; - Prime location in the heart of historic downtown Taneytown with high visibility and strong local traffic.
    (443) 760-7543
    Request Owner's contact information
    448 E Baltimore St Taneytown, MD 21787
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    448 E Baltimore St
    Taneytown, MD 21787
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    448 E Baltimore St Taneytown, MD 21787
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Russ Dukan
    (443) 760-7543
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.