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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Warehouses
117 Main St Union Bridge, MD 21791-9126
Individually Owned
Absentee Owner
Free & Clear
Property ID
US40-1263700
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
11,700 SF
Lot
13.5 ac (588,060 SF)
Zoning code
AGRIC
APN
12-003250
UPID
US40-1263700
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
$1.26M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.38M
Owner & transaction history
LEHIGH PORTLAND CEMENT
LEHIGH PORTLAND CEMENT
Zoning & alternative use
AGRIC · Union Bridge, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+48.5%
Office building
$1.9M
+39.2%
Industrial (general)
$1.9M
+38.1%
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 Union Bridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Bridge 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%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,370,000
Current use
AUTO REPAIR, GARAGE
$2,035,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$1,905,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,890,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,380,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$118 / 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
$75,070
Tax year 2023
Assessed value
$6,643,400
Assessed 2023
Previous assessed
$6,643,400
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$869,900
Assessed improvement
$5,773,500
Land market value
$869,900
Improvement market value
$5,773,500
Total market value
$6,643,400
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
SPACE
Buildings
16
Stories
1
Units
17
Total area
11,700 SF
Lot
13.5 ac (588,060 SF)
Zoning code
AGRIC
APN
12-003250
UPID
US40-1263700
Jurisdiction
CARROLL
Zoning & alternative use
AGRIC · Union Bridge, MD
Zoning AGRIC · permitted uses
AGRIC · Union Bridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Bridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (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
1998
Heating
SPACE
Stories
1
Buildings
16
Units
17
Lot
13.5 ac
Current owner
From public records · entity-resolved
LEHIGH PORTLAND CEMENT
Individual
Free & Clear · 0 yrs held
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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