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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
14 Main St Berlin, MD 21811-1029
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-0681230
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
BRICK
Total area
1,970 SF
Lot
0.03 ac (1,196 SF)
Zoning code
B-1
APN
03-026612
UPID
US40-0681230
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
-
Berlin Maryland Welcome Center Travel Agency Tour Operator
-
Berlin Chamber of Commerce Business Service Center Advocacy Group
-
Fathom & Co. Clothing & Fashion Store
-
Beach to Bay Heritage Area Charitable Organization Social Service Agency
-
Mother Flowers (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$510k
Owner & transaction history
14 North Main Street LLC · 10 yrs held
14 North Main Street LLC
since 2016
1 recorded transaction
Zoning & alternative use
B-1 · Berlin, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$630,000
+47.5%
Office building
$485,000
+13.1%
Warehouse, storage
$460,000
+6.9%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$430,000
Current use
RETAIL STORES
$630,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$485,000
Change: +13% · Conversion: Easy
WAREHOUSE, STORAGE
$460,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$259 / 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
$4,667
Tax year 2023
Assessed value
$261,533
Assessed 2023
Previous assessed
$259,300
+0.9% YoY
Effective rate
1.78%
On assessed value
Land market value
$142,500
Improvement market value
$123,500
Total market value
$266,000
Applied tax rate
3.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
1,970 SF
Lot
0.03 ac (1,196 SF)
Zoning code
B-1
APN
03-026612
UPID
US40-0681230
Jurisdiction
WORCESTER
Zoning & alternative use
B-1 · Berlin, MD
Zoning B-1 · permitted uses
B-1 · Berlin, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$430,000
RETAIL STORES
Est. value
$630,000
OFFICE BUILDING
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$460,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1900
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
14 North Main Street LLC
Entity
Mailing address
10 N MAIN ST, BERLIN, MD 21811-1072
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2016
$180,000
14 North Main Street LLC
Page,marcus W
Grant Deed
$150,000 · Queen R A & S Family Trust (pt
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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