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Property profile & analytics
OFF-MARKET
Storefront properties
106 Oldtown Rd Cumberland, MD 21502-3604
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1395166
Property summary
AI-generated overview
This commercial property is located in Cumberland, Maryland, and has a lot size of 0.06 acres. The property is classified as a storefront, individual retail, and general retail property. It is located in Allegany County, Maryland, with the postal code 21502.
Property profile
Verified
Property type
Storefront properties
Use group
WAREHOUSE, STORAGE
Year built
1915
Construction
BRICK
Total area
1,088 SF
Lot
0.06 ac (2,781 SF)
Zoning code
I-G
APN
04-036247
UPID
US40-1395166
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
-
Snurr's Meat Company, LLC Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
First Oreo Trust · 6 yrs held
First Oreo Trust
since 2020
Last sale
$75,000
4 recorded transactions
Zoning & alternative use
I-G · Cumberland, 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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$622
Tax year 2023
Assessed value
$66,900
Assessed 2023
Previous assessed
$66,033
+1.3% YoY
Effective rate
0.93%
On assessed value
Assessed land
$4,800
Assessed improvement
$62,100
Land market value
$4,800
Improvement market value
$62,100
Total market value
$66,900
Applied tax rate
1.0000
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
Storefront properties
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1915
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
2
Total area
1,088 SF
Lot
0.06 ac (2,781 SF)
Zoning code
I-G
APN
04-036247
UPID
US40-1395166
Jurisdiction
ALLEGANY
Zoning & alternative use
I-G · Cumberland, MD
Zoning I-G · permitted uses
I-G · Cumberland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumberland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
First Oreo Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2502 DULANY ST, BALTIMORE, MD 21223-2802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Apr 10, 2023
—
Affordable Housing Foundation INC
—
Deed
related
$45,000 · Martin Capital Resources LLC
Feb 4, 2020
$85,000
First Oreo Trust
Lamp Matthew P|snurrs Real Estate LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Apr 28, 2015
$58,000
Snurrs Real Estate LLC
Corwell Paul & Sharon
Grant Deed
$16,000 · First United Bk/adams
Jul 31, 2007
$74,500
Paul Corwell
Corwell,donald L & Eloise C
Grant Deed
related
$77,000 · First United 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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