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    10 Commerce Dr Cumberland, MD 21502-1058
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    Property profile & analytics

    10 Commerce Dr, Cumberland, MD 21502-1058

    View on Map

    • Office buildings
    • 46,785 SF
    • 6.60 lot acres
    Off-Market
    Last Sale Dec 30, 2021
    $10,240,000
    Property ID
    US40-1514192
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,600,000
    Show details
    Cap Rate Potential
    7.5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • CareFirst BlueCross BlueShield / Insurance Agency

    Property Details for 10 Commerce Dr

    Year built
    2011
    Lot size
    6.60 lot acres
    Property type
    Office buildings
    APN
    34-001561
    APU
    34001561

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 30, 2021 $10,240,000 2911 Rhode Island Bl LLC Fcbc Properties LLC Deed $7.5M · Mainstreet Bank
    Aug 18, 2010 $350,000 Cfbc Properties LLC Board Of County Commissioners/all Grant Deed · related $8.6M · Tower Bank
    — — Cfbc Properties LLC — Deed Of Trust · related $570k · Susquehanna Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,155,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $12,705,000
      6.5%
      $11,730,000
      7%
      $10,890,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,381,000
      Market price range: $1.87M - $7.38M
      AI Estimate
      $7,862,000
      Market price range: $2.44M - $7.86M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.7374
    Latitude
    39.6805
    CBSA code
    19060
    CBSA name
    CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $89,132
    $0.00
    $0.00
    $9,580,967
    -
    $339,000
    $9,673,600
    $10,012,600
    More about this property
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