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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Auto shops
10502 Greensboro Rd Denton, MD 21629-3307
Entity Owned
25-yr Hold
Free & Clear
Property ID
US40-1272538
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1971
Construction
BRICK
Total area
14,300 SF
Lot
2.8 ac (121,968 SF)
Zoning code
RHC
APN
03-017613
UPID
US40-1272538
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
-
Delmar Community Transit Department Of Transportation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.88M
Owner & transaction history
Caroline County Board Commissi · 25 yrs held
Caroline County Board Commissi
since 2000
1 recorded transaction
Zoning & alternative use
RHC · Denton, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RHC - Regional Highway Commercial - The purpose of the RHC Regional Highway Commercial District is to provide a variety of retail and office establishments and commercial services for use by the traveling public on or near major roads or streets in the Town and at the same time, is intended to maintain the appearance of the highways and their access points b…
Zone name
Regional Highway Commercial
General category
COMMERCIAL
Zone area
238.79 ac
Top alternative use upside
Commercial (general)
$2.3M
+66.9%
Office building
$2.3M
+62.7%
Retail stores
$1.6M
+17.8%
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 Denton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denton 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
AUTO REPAIR, GARAGE
$1,395,000
Current use
COMMERCIAL (GENERAL)
$2,330,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$2,270,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$1,645,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,245,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,140,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±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
$131 / 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
$1,521,033
Assessed 2023
Previous assessed
$1,507,200
+0.9% YoY
Land market value
$720,000
Improvement market value
$828,700
Total market value
$1,548,700
Applied tax rate
10.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1971
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
14,300 SF
Lot
2.8 ac (121,968 SF)
Zoning code
RHC
APN
03-017613
UPID
US40-1272538
Jurisdiction
CAROLINE
Zoning & alternative use
RHC · Denton, MDZoning RHC · permitted uses
RHC · Denton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RHC - Regional Highway Commercial - The purpose of the RHC Regional Highway Commercial District is to provide a variety of retail and office establishments and commercial services for use by the traveling public on or near major roads or streets in the Town and at the same time, is intended to maintain the appearance of the highways and their access points by limiting outdoor advertising and establishing high standards for development. Commercial development in this district shall be in the form of well-planned commercial concentrations. Commercial development in this district shall be subject to standards for buffering and landscaping, access control, internal auto and pedestrian orientation, screening of loading/unloading and service areas, lot depth-to-width ratios which promote minimal road frontage, service roads, and reverse lot frontage concepts and other site design amenities which enhance aesthetic appeal. (9)
Zone name
Regional Highway Commercial
General category
COMMERCIAL
Zone area
238.79 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1971
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Caroline County Board Commissi
Entity
Free & Clear · 25 yrs held
Mailing address
109 MARKET ST RM #109, DENTON, MD 21629-1055
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2000
$600,000
Caroline County Board Commissi
10502 Greensboro LLC
Grant Deed
—
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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