Property profile

137 Westminster Ave Westminster, MD 21157

OFF-MARKET
Warehouses
Property ID
US40-0716022
4,200 SF 0.17 ac lot Built 1950
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,480 square foot mixed-use building situated on a 0.17-acre lot at 137 Westminster Avenue in Westminster, Maryland. The property comprises seventeen secure, enclosed storage units, sixteen of which are currently leased, generating immediate positive cash flow. The two-level brick building offers substantial rental income potential with low maintenance and overhead costs, making it an attractive proposition for small investors seeking a reliable, high-return asset. The units are conveniently accessed from the ground level via public street access. Large garage bays are also included, providing ample space for various uses. Located within the city limits of Westminster, this property benefits from a desirable location and strong rental demand. The existing tenant base provides immediate income, minimizing vacancy risk and maximizing return on investment. This property is ideal for an investor seeking a low-maintenance, high-yield investment or an owner/contractor requiring storage space with supplemental rental income. The substantial square footage and multiple units offer significant flexibility and growth potential. This is a rare opportunity to acquire a proven income-producing asset in a thriving Maryland market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction BRICK
Total area 4,200 SF
Lot 0.17 ac (7,365 SF)
Zoning code R-750
APN 07-068549
UPID US40-0716022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

137 Westminster Ave Westminster, MD 21157
Westminster metro Census 507801 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2026
4 recorded transactions
2026
$265,000
2007
Price N/A
2007
$135,000
1969
Price N/A

Zoning & alternative use

R-750 · Westminster, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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