New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Life science properties
1300 Tech Ct, Westminster, MD 21157-3057
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-1584197
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2022
Total area
16,118 SF
Lot
1.99 ac (86,510 SF)
Zoning code
INDUS
APN
07-153686
UPID
US40-1584197
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
-
Unique Flavors Agricultural Supply Food Market
-
Flightfab Inc Industrial Manufacturer Production Facility
-
Richter USA Inc Building Supply
-
Richter-Veneer Technology Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Cdrp LLC · 6 yrs held
Cdrp LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
INDUS · Westminster, 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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$1,130,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,535,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,450,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,365,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,245,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.16M (Jan 3 2020)
Last sale anchor
$1.16M
Jan 3 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
$72 / 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
$30,503
Tax year 2023
Assessed value
$1,804,900
Assessed 2023
Previous assessed
$1,754,800
+2.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$340,300
Assessed improvement
$1,464,600
Land market value
$340,300
Improvement market value
$1,464,600
Total market value
$1,804,900
Applied tax rate
71.0000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
2022
Heating
SPACE
Stories
1
Units
3
Total area
16,118 SF
Lot
1.99 ac (86,510 SF)
Zoning code
INDUS
APN
07-153686
UPID
US40-1584197
Jurisdiction
CARROLL
Zoning & alternative use
INDUS · Westminster, MD
Zoning INDUS · permitted uses
INDUS · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westminster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2022
Heating
SPACE
Stories
1
Units
3
Lot
1.99 ac
Current owner
From public records · entity-resolved
Cdrp LLC
Entity
Mailing address
5161 38TH ST N, ARLINGTON, VA 22207-1873
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
Apr 21, 2021
—
Cdrp LLC
—
Deed
related
$1,225,500 · First Citizens Bank & Trust Co
Mar 19, 2021
—
Cdrp LLC
—
Deed
related
$1,225,500 · Great Oaks Bank
Jan 3, 2020
$1,162,500
Cdrp LLC
1300ct LLC
Special Warranty Deed
$988,125 · First Citizens Bank & Trust Co
Aug 29, 2017
—
1300tc LLC
—
Deed
related
$790,000 · Frederick County Bank
Aug 3, 2016
—
1300tc LLC
—
Deed
related
$775,000 · The Columbia Bank
Mar 26, 2015
$947,000
1300 Tc LLC
Bubinga LLC
Grant Deed
$790,000 · Branch Bk&tr
Apr 6, 2006
$268,245
Bubinga LLC
West Branch Trade Center III LLC
Grant Deed
$174,350 · Stearns Bank NA
Sep 20, 2005
$900,000
West Branch Trade Center I LLC
West Branch Dev LLC
Grant Deed
related
$720,000 · Suntrust Bank NA
—
—
Bubinga LLC
—
Deed Of Trust
related
$250,000 · Manufacturers & Traders Tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1300 Tech Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
