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Property profile & analytics
OFF-MARKET
Estimated value
$8,220,000
Warehouses
10033 Governor Ln Blvd, Williamsport, MD 21795-4025
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1114554
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
BRICK
Total area
29,276 SF
Lot
15 ac (653,400 SF)
Zoning code
PI
APN
02-005344
UPID
US40-1114554
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
-
Malarkey Roofing Products - Williamsport, MD Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.22M
Owner & transaction history
Herbert Malarkey Roofing Company · 3 yrs held
Herbert Malarkey Roofing Company
since 2022
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
PI · Williamsport, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+249.7%
Office building
$6.1M
+165.1%
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 Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport 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
$7,815,000
ML approach
$8,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,050,000
Change: +250% · Conversion: Difficult
OFFICE BUILDING
$6,100,000
Change: +165% · Conversion: Difficult
Blend value · Realmo final
$8.22M
Range $7.40M – $9.04M · ±10% · vs last sale $8.50M (Dec 20 2022)
Last sale anchor
$8.50M
Dec 20 2022
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
$281 / 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
$49,548
Tax year 2023
Assessed value
$4,764,200
Assessed 2023
Previous assessed
$4,764,200
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,332,000
Assessed improvement
$3,432,200
Land market value
$1,332,000
Improvement market value
$3,432,200
Total market value
$4,764,200
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
BRICK
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
29,276 SF
Lot
15 ac (653,400 SF)
Zoning code
PI
APN
02-005344
UPID
US40-1114554
Jurisdiction
WASHINGTON
Zoning & alternative use
PI · Williamsport, MD
Zoning PI · permitted uses
PI · Williamsport, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.1M
OFFICE BUILDING
Est. value
$6.1M
RESTAURANT
OFFICE BUILDING
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
2019
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
2
Lot
15 ac
Current owner
From public records · entity-resolved
Herbert Malarkey Roofing Company
Entity
Mailing address
3131 N COLUMBIA BLVD, PORTLAND, OR 97217-7472
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
$8,500,000
Herbert Malarkey Roofing Company
Governors Lane LLC
Special Warranty Deed
—
Dec 27, 2018
—
Governors Lane LLC
—
Deed
related
$1,800,000 · Middletown Valley Bank
Apr 26, 2018
—
Goverors Lane LLC
—
Deed
related
$2,830,000 · Middletown Valley Bank
Dec 14, 2017
—
Governors Lane LLC
—
Deed
related
$2,870,000 · Middletown Vly Bk
Nov 24, 2008
—
Governors Lane LLC
—
Deed Of Trust
related
$7,500,000 · Pnc Bank
—
—
Governors Lane LLC
—
Deed Of Trust
related
$900,000 · Wells Fargo Bk
—
—
Governors Lane LLC
—
Deed Of Trust
related
$2,870,000 · Middletown Vly Bk
—
—
Governors Lane LLC
—
Deed Of Trust
related
$11,100,000 · Wells Fargo 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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