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Property profile & analytics
OFF-MARKET
Estimated value
$6,885,000
Auto shops
1 Mercedes Dr, Belcamp, MD 21017-1203
Individually Owned
1-yr Hold
Free & Clear
Property ID
US40-2408092
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1983
Construction
BRICK
Total area
180,654 SF
Lot
20.03 ac (872,507 SF)
Zoning code
GI
APN
01-012142
UPID
US40-2408092
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
-
Waters Preston Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.89M
Owner & transaction history
Ingredion Incorporated · 1 yrs held
Ingredion Incorporated
since 2025
Last sale
$6.9M
4 recorded transactions
Zoning & alternative use
GI · Belcamp, 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 Belcamp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belcamp 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
$6,480,000
ML approach
$7,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.89M
Range $6.20M – $7.57M · ±10% · vs last sale $6.90M (Apr 3 2025)
Last sale anchor
$6.90M
Apr 3 2025
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
$38 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$120,484
Tax year 2022
Assessed value
$11,054,600
Assessed 2023
Previous assessed
$11,054,600
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,304,900
Assessed improvement
$7,749,700
Land market value
$3,304,900
Improvement market value
$7,749,700
Total market value
$11,054,600
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
180,654 SF
Lot
20.03 ac (872,507 SF)
Zoning code
GI
APN
01-012142
UPID
US40-2408092
Jurisdiction
HARFORD
Zoning & alternative use
GI · Belcamp, MD
Zoning GI · permitted uses
GI · Belcamp, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belcamp. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
20.03 ac
Current owner
From public records · entity-resolved
Ingredion Incorporated
Individual
Free & Clear · 1 yrs held
Mailing address
1 PPG PL STE #2810, PITTSBURGH, PA 15222-5416
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
—
Ingredion Incorporated
Tic Gums INC
Deed
related
—
Aug 24, 2012
$6,900,000
Belcamp Realty LLC
Ucm Of Preston Waters-one
Grant Deed
$5,600,000 · Pnc Bank
Jan 17, 2006
$9,950,000
Ucm Of Preston Waters-one Mercedes
Mercedes-benz USA LLC
Grant Deed
—
—
—
Belcamp Realty LLC
—
Deed Of Trust
related
$5,600,000 · Pnc Bank
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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