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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Turn key restaurants
1239 National Hwy, Lavale, MD 21502-7602
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0722698
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Construction
BRICK
Total area
3,821 SF
Lot
0.82 ac (35,584 SF)
Zoning code
B
APN
29-034370
UPID
US40-0722698
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
-
Denny's Restaurant
-
The Burger Den Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Ne Prpoperties 01 INC · 2 yrs held
Ne Prpoperties 01 INC
since 2023
Last sale
$935,000
2 recorded transactions
Zoning & alternative use
B · Lavale, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$555,000
+25.2%
Commercial (general)
$555,000
+24.9%
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 Lavale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lavale 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
$845,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$555,000
Change: +25% · Conversion: Easy
COMMERCIAL (GENERAL)
$555,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $935k (Sep 13 2023)
Last sale anchor
$935k
Sep 13 2023
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
$234 / 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
$10,273
Tax year 2023
Assessed value
$945,100
Assessed 2023
Previous assessed
$945,100
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$431,100
Assessed improvement
$514,000
Land market value
$431,100
Improvement market value
$514,000
Total market value
$945,100
Applied tax rate
29.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,821 SF
Lot
0.82 ac (35,584 SF)
Zoning code
B
APN
29-034370
UPID
US40-0722698
Jurisdiction
ALLEGANY
Zoning & alternative use
B · Lavale, MD
Zoning B · permitted uses
B · Lavale, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lavale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$555,000
RETAIL STORES
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
1987
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Ne Prpoperties 01 INC
Entity
Mailing address
14521 EDGEWOODS WAY, GLENELG, MD 21737-9610
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
$935,000
Ne Prpoperties 01 INC
Manufacturers And Traders Trust Com
Special Warranty Deed
$701,250 · M & T Bank
Apr 2, 2012
—
Piercy Kandy K Trust
Piercy Kandy K Trust
Quit Claim Deed
related
—
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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