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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Manufacturing properties
1 Arthur Peck Dr, Westminster, MD 21157-3074
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-1567715
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Total area
235,200 SF
Lot
24.39 ac (1,062,211 SF)
Zoning code
PLANN
APN
07-051026
UPID
US40-1567715
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
Current use
Occupant on record · Public records
-
Merak North America LLC Freight Service Logistics Company
-
Knorr Brake Company Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Knorr Brake Co LLC · 6 yrs held
Knorr Brake Co LLC
since 2020
Last sale
$3.7M
5 recorded transactions
Zoning & alternative use
PLANN · Westminster, 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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
Method
Estimation
Statistic approach
$3,560,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±10% · vs last sale $3.66M (Mar 2 2020)
Last sale anchor
$3.66M
Mar 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$15 / 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
$307,798
Tax year 2023
Assessed value
$18,212,900
Assessed 2023
Previous assessed
$18,212,900
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$2,464,500
Assessed improvement
$15,748,400
Land market value
$2,464,500
Improvement market value
$15,748,400
Total market value
$18,212,900
Applied tax rate
71.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
235,200 SF
Lot
24.39 ac (1,062,211 SF)
Zoning code
PLANN
APN
07-051026
UPID
US40-1567715
Jurisdiction
CARROLL
Zoning & alternative use
PLANN · Westminster, MD
Zoning PLANN · permitted uses
PLANN · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
24.39 ac
Current owner
From public records · entity-resolved
Knorr Brake Co LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1 ARTHUR PECK DR, WESTMINSTER, MD 21157-3074
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2020
—
Knorr Brake Co LLC
Knorr Brake Realty LLC
Quit Claim Deed
—
Oct 31, 2011
$3,657,750
Knorr Brake Realty LLC
Industrial Development Authority Of
Deed
—
Aug 27, 2001
$1,090,000
Industrial Dev Auth Carroll Co
Mec Holdings USA INC
Grant Deed
—
Jun 17, 1999
$957,000
5321 Industries INC
Cosma Realty Holdings LLC
Grant Deed
—
Aug 12, 1998
$3,563,360
Cosma Realty Holdings LLC
Marada Industries INC
Grant Deed
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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