Property profile

517 Oldtown Rd Cumberland, MD 21502

OFF-MARKET
Medical Office Space
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Property ID
US40-0735903
2,468 SF 0.19 ac Built 1900
Last sale Dec 2022·$100,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$145k
Assessed land$25k
Assessed improvement$121k
Effective rate0.93%

Value estimate

· Nov 2026
$90k
$81k – $99k
AI approach$80k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$87/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$54 – $117

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-L
JurisdictionALLEGANY

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.3
Garden Center9.0
Computer & Electronic Repair9.0

Location

517 Oldtown Rd Cumberland, MD 21502-3687
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
808 Oldtown, Cumberland, MD 21502-4034 $90,000 Apr 2024 2,020 SF
12317 Winchester SW, Lavale, MD 21502-6547 $1,350,000 Feb 2024 3,528 SF
507 Henderson, Cumberland, MD 21502-1562 $176,000 Dec 2021 3,481 SF
953 National, Lavale, MD 21502-7328 $300,000 Dec 2021 2,670 SF
222 Paca, Cumberland, MD 21502-2820 $110,000 Jun 2021 1,848 SF
924 Seton, Cumberland, MD 21502-1851 $115,000 Nov 2020 2,351 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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