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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Retail space
12414 Naves Cross NE Rd Cumberland, MD 21502-8212
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-0429757
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,889 SF
Lot
0.74 ac (32,430 SF)
APN
35-000534
UPID
US40-0429757
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
-
Dr. Roy Carls, MD Physician
-
Dr. Peter Brieloff, DPM Physician
-
James Vaccare, DPT Physician
-
Dr. Matthew Thompson Physician
-
Dr. Rishi Bhatnagar Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.10M
Owner & transaction history
Mbp Aa Cumberland LLC · 5 yrs held
Mbp Aa Cumberland LLC
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$1,035,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$1,000,000
Alternative Use
Use
Estimation
RETAIL STORES
$735,000
Current use
OFFICE BUILDING
$670,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$660,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.10M (Oct 6 2020)
Last sale anchor
$1.10M
Oct 6 2020
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
$159 / 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
$11,398
Tax year 2023
Assessed value
$1,048,600
Assessed 2023
Previous assessed
$997,467
+5.1% YoY
Effective rate
1.09%
On assessed value
Assessed land
$324,300
Assessed improvement
$724,300
Land market value
$324,300
Improvement market value
$724,300
Total market value
$1,048,600
Applied tax rate
35.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
6,889 SF
Lot
0.74 ac (32,430 SF)
APN
35-000534
UPID
US40-0429757
Jurisdiction
ALLEGANY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$735,000
OFFICE BUILDING
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$660,000
RETAIL STORES Current
OFFICE BUILDING
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Mbp Aa Cumberland LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1 RIVERWOOD CT, POTOMAC, MD 20854-1535
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2021
—
Naves Crossing Proeprty LLC
—
Deed
related
$300,000 · Capital Bank NA
Oct 6, 2020
$1,100,000
Mbp Aa Cumberland LLC
Jrp Aap Cumberland LLC
Grant Deed
—
Oct 6, 2020
—
Naves Crossing Property LLC
—
Deed
related
$800,000 · Capital Bk NA
Jul 9, 2015
$925,000
Jrp Aap Cumberland LLC
Lambert,ronald J
Grant Deed
—
Apr 2, 2015
—
Ronald J Lambert
Oft LLC
Grant Deed
related
—
Jun 23, 2005
$1,283,833
Oft LLC
Silver Capital Net Lease Fund II
Grant Deed
$783,000 · Mercantile Potomac Bank
Sep 2, 2004
$1,062,482
Capital Net Lease Fund Silver II
Jmp Dev LLC
Grant Deed
related
—
Mar 3, 2004
$200,000
Jmp Dev Co LLC
Mihailovich,david A
Grant Deed
$693,000 · Suntrust Bank NA
—
—
Naves Crossing Property LLC
—
Deed Of Trust
related
$800,000 · Capital Bk NA
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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