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Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Grocery and convenience stores
1034 State Rte 3rd N Gambrills, MD 21054-1712
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0940446
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Construction
BRICK
Total area
12,410 SF
Lot
1.92 ac (83,635 SF)
Zoning code
C3
APN
04-000-02382015
UPID
US40-0940446
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$2.68M
Owner & transaction history
Oo Holdings LLC · 4 yrs held
Oo Holdings LLC
since 2022
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
C3 · Gambrills, 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 Gambrills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gambrills 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
$2,590,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,925,000
6.5%
$2,700,000
7%
$2,510,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,140,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.70M (May 26 2022)
Last sale anchor
$2.70M
May 26 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
$216 / 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
$26,430
Tax year 2023
Assessed value
$2,420,300
Assessed 2023
Previous assessed
$2,207,500
+9.6% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,072,300
Improvement market value
$1,773,600
Total market value
$2,845,900
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,410 SF
Lot
1.92 ac (83,635 SF)
Zoning code
C3
APN
04-000-02382015
UPID
US40-0940446
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Gambrills, MDZoning C3 · permitted uses
C3 · Gambrills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.1M
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
1989
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.92 ac
Current owner
From public records · entity-resolved
Oo Holdings LLC
Entity
Mailing address
1034 STATE RTE 3RD N, GAMBRILLS, MD 21054-1712
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2023
—
Oo Holdings LLC
—
Deed
related
$750,000 · Sandy Spring Bank
May 26, 2022
$2,700,000
Oo Holdings LLC
Storm Enterprises LLC
Deed
$2,295,000 · Sandy Spring Bank
Jan 22, 2010
—
Storm Ents LLC
Storm,donald T & Deborah A
Quit Claim Deed
related
—
—
—
Donald T Storm
—
Deed Of Trust
related
$585,000 · Queenstown Bank Maryland
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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