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Property profile & analytics
OFF-MARKET
Estimated value
$4,300,000
Office buildings
10811 New Georges Crk SW Rd Frostburg, MD 21532-1457
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1801342
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
BRICK
Total area
24,942 SF
Lot
15.5 ac (675,180 SF)
Zoning code
C2
APN
24-010317
UPID
US40-1801342
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
by Request
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$4.30M
Owner & transaction history
Oreilly Automotive Stores INC · 2 yrs held
Oreilly Automotive Stores INC
since 2024
6 recorded transactions
Zoning & alternative use
C2 · Frostburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+4.3%
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 Frostburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frostburg 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
RETAIL STORES
$2,590,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$4.30M
Range $3.87M – $4.73M · ±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
$172 / 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
$38,382
Tax year 2023
Assessed value
$4,011,267
Assessed 2024
Previous assessed
$4,011,267
+0.0% YoY
Effective rate
0.96%
On assessed value
Land market value
$875,000
Improvement market value
$3,347,700
Total market value
$4,222,700
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1979
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
4
Total area
24,942 SF
Lot
15.5 ac (675,180 SF)
Zoning code
C2
APN
24-010317
UPID
US40-1801342
Jurisdiction
ALLEGANY
Zoning & alternative use
C2 · Frostburg, MD
Zoning C2 · permitted uses
C2 · Frostburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frostburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.6M
RETAIL STORES
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
1979
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
15.5 ac
Current owner
From public records · entity-resolved
Oreilly Automotive Stores INC
Entity
Free & Clear · 2 yrs held
Mailing address
1000 S GERMANTOWN PIKE STE A2, PLYMOUTH MEETING, PA 19462-2481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
$325,000
Oreilly Automotive Stores INC
Pennmark Frostburg Holdings LLC
Warranty Deed
—
Dec 26, 2018
$2,651,355
Pennmark Frostburg Hldgs LLC
Frostburg Properties LLC
Grant Deed
related
$2,633,000 · Fulton Bk/nj
Nov 14, 2007
—
Frostburg Properties LLC
Frostburg Properties LLC
Quit Claim Deed
related
$5,100,000 · Suntrust Bank NA
Oct 18, 2005
$3,913,000
Frostburg Properties LLC
Trifish LLC
Grant Deed
$2,470,000 · Aero 1031 Exchange Of California
Feb 13, 2004
$1,200
Trifish LLC
Schlossberg Roger
Grant Deed
related
—
—
—
Frostburg Properties LLC
—
Deed Of Trust
related
$3,041,000 · Andrews FCU
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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