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Property profile & analytics
OFF-MARKET
Estimated value
$6,275,000
Office buildings
10026 Main St Berlin, MD 21811-3206
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0168022
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Construction
BRICK
Total area
16,598 SF
Lot
13.9 ac (605,484 SF)
Zoning code
B-2
APN
03-014754
UPID
US40-0168022
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
-
Capture Energy Interior Design
-
Navitus Group Production Facility
-
Sonrise Church Church
-
Open Hand Thrift Discount Store
-
Food Distribution Center - Sharing the Harvest - Son Rise Church Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.35M
Blend (final)
Blend
$6.28M
Owner & transaction history
Berlin Secure Stoage LLC · 4 yrs held
Berlin Secure Stoage LLC
since 2021
5 recorded transactions
Zoning & alternative use
B-2 · Berlin, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations, tourist home and produce stands.
Zone name
Shopping District
General category
COMMERCIAL
Zone area
229.71 ac
Source
Realmo
Top alternative use upside
Retail stores
$5.3M
+30.4%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,080,000
Current use
RETAIL STORES
$5,325,000
Change: +30% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,860,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$6.28M
Range $5.65M – $6.90M · ±10%
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
$378 / 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
Assessed value
$4,303,367
Assessed 2024
Previous assessed
$4,303,367
+0.0% YoY
Land market value
$1,289,000
Improvement market value
$3,195,400
Total market value
$4,484,400
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2022
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
16,598 SF
Lot
13.9 ac (605,484 SF)
Zoning code
B-2
APN
03-014754
UPID
US40-0168022
Jurisdiction
WORCESTER
Zoning & alternative use
B-2 · Berlin, MDZoning B-2 · permitted uses
B-2 · Berlin, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations, tourist home and produce stands.
Zone name
Shopping District
General category
COMMERCIAL
Zone area
229.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.1M
RETAIL STORES
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
13.9 ac
Current owner
From public records · entity-resolved
Berlin Secure Stoage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10026 MAIN ST, BERLIN, MD 21811-3206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Nov 4, 2021
—
Berlin Secure Stoage LLC
Sonrise Church
Deed
—
Jun 4, 2021
—
Sonrise Churchs
—
Deed
related
$1,524,526 · M & T Bank
Aug 20, 2019
—
Sonrise Church
County Commissioners Of Worcester
Quit Claim Deed
related
—
Jun 7, 2016
$1,500,907
Sonrise Church
Merial Select INC
Grant Deed
$1,138,719 · Bank Of Ocean Cty
Aug 13, 2002
$325,000
Milford Street Associates INC
Select Laboratories INC
Grant Deed
$130,000 · Peninsula 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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