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

    6a Kriders Church Rd Westminster, MD 21158

    • Industrial properties
    • 4.17 lot acres
    For Sale
    View listing
    $638,010
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 6a Kriders Church Rd

    Lot size
    4.17 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 4.17-acre industrial property in Westminster, MD, is zoned I-R (Restricted Industrial). The site presents a unique opportunity for a variety of manufacturing and industrial uses, as permitted under the I-R zoning designation. Permitted uses include, but are not limited to, the manufacture and assembly of various products such as vehicles, electrical appliances, and instruments

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -77.0015
    Latitude
    39.5957

    Comparable in this City

    • Value Estimation
      $770,000
      36,000 SF

      180 Kriders Church Rd

      INDUSTRIAL LOFT BUILDING • 36,000 SF
      180 Kriders Church Rd, Westminster, MD 21158-4307
      View Details
    • Value Estimation
      $350,000
      3,950 SF

      1601 Littlestown Pike

      INDUSTRIAL (GENERAL) • 3,950 SF
      1601 Littlestown Pike, Westminster, MD 21158-3015
      View Details
    • Value Estimation
      $275,000
      30.71 Acres

      1241 New Windsor Rd

      INDUSTRIAL (GENERAL) • 30.71 Acres
      1241 New Windsor Rd, Westminster, MD 21158-6704
      View Details
    • Value Estimation by Request
      17.70 Acres

      Ind Trct A - Mdw Br Rd

      Industrial properties • 17.70 Acres
      Ind Trct A - Mdw Br Rd, Westminster, MD 21158
      View Details
    • Value Estimation
      $250,000
      0.37 Acres

      M M

      INDUSTRIAL (GENERAL) • 0.37 Acres
      M M, Westminster, MD 21158
      View Details
    • Value Estimation
      $245,000
      1.16 Acres

      M M

      INDUSTRIAL (GENERAL) • 1.16 Acres
      M M, Westminster, MD 21158
      View Details

    Similar Nearby for Sale

    • $638,010
      4.17 Acres

      Westminster Industrial Land

      4.17-acre industrial lot, I-R zoning
      6a Kriders Church Rd, Westminster, MD 21158
      View Details
    • $2,256,750
      17.70 Acres

      Westminster Industrial Land - 17.7 Acres

      Prime industrial acreage near airport & Route 97.
      Ind Trct A - Mdw Br Rd, Westminster, MD 21158
      View Details
    • Contact for pricing
      7.17 Acres

      Westminster Industrial Land - 7 Acres

      Prime Carroll County industrial land, ideal for various uses.
      0 Mdw Br Rd At Buckshot Rd, Westminster, MD 21158
      View Details
    • $699,000

      Westminster Specialty Property For Sale

      Specialty property available for purchase in Westminster, Maryland.
      1036 Oak Dr, Westminster, MD 21158
      View Details
    • $250,000
      4.32 Acres

      Cleared Land Ready For Building

      4.3 acre lot with approved engineering and perc test.
      2341 Cross Section Rd, Westminster, MD 21158
      View Details
    • $595,000

      Hughes Shop Road Property

      Property for sale on Hughes Shop Road, Westminster, MD.
      819 Hughes Shop Rd, Westminster, MD 21158
      View Details

    Similar Nearby for Lease

    • $750 /Mo

      Westminster Industrial Space For Rent

      Industrial property available for lease in Westminster, Maryland.
      4001 Littlestown F, Westminster, MD 21158
      View Details
    • Contact for pricing
      12,000 SF

      Redevelopment Opportunity Near McDaniel College

      12,000 SF catering hall or redevelopment on 1.7 acres.
      451 Wmc Dr, Westminster, MD 21158
      View Details
    Request Owner's contact information
    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.
    6a Kriders Church Rd
    Westminster, MD 21158
    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
    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

    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.