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Property profile & analytics
OFF-MARKET
Community centers
1401 Main St, Mount Airy, MD 21771-5950
Entity Owned
8-yr Hold
Free & Clear
Property ID
US40-0977322
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1900
Total area
7,323 SF
Lot
1.08 ac (46,914 SF)
Zoning code
CC
APN
13-014051
UPID
US40-0977322
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mt Airy Investments II LLC · 8 yrs held
Mt Airy Investments II LLC
since 2018
7 recorded transactions
Zoning & alternative use
CC · Mount Airy, 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 Mount Airy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Airy 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$32,585
Tax year 2023
Assessed value
$2,513,900
Assessed 2023
Previous assessed
$2,513,900
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,407,400
Assessed improvement
$1,106,500
Land market value
$1,407,400
Improvement market value
$1,106,500
Total market value
$2,513,900
Applied tax rate
131.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1900
Heating
YES
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
7,323 SF
Lot
1.08 ac (46,914 SF)
Zoning code
CC
APN
13-014051
UPID
US40-0977322
Jurisdiction
CARROLL
Zoning & alternative use
CC · Mount Airy, MD
Zoning CC · permitted uses
CC · Mount Airy, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Airy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Mt Airy Investments II LLC
Entity
Free & Clear · 8 yrs held
Mailing address
117 W PATRICK ST STE #200, FREDERICK, MD 21701-5798
Ownership since
2018
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
May 8, 2018
$2,500,000
Mt Airy Investments II LLC
Baia LLC
Grant Deed
—
Jul 22, 2008
—
Baia LLC
Baia LLC
Quit Claim Deed
related
—
Oct 23, 2007
$1,000,000
Baia LLC
Moxley,honor A
Grant Deed
$9,810,000 · Graystone Bank
Oct 12, 2007
—
Baia LLC
Illiano,francesco
Grant Deed
related
—
May 2, 2007
—
Honor A Moxley
Moxley,hanford E
Quit Claim Deed
—
Jun 23, 2005
$500,000
Francesco Illiano
Jones Motor INC
Deed
—
—
—
Baia LLC
—
Deed Of Trust
related
$294,869 · Honor A Moxley
—
—
Baia LLC
—
Deed Of Trust
related
$12,800,000 · Private Individual
—
—
Francesco Illiano
—
Deed Of Trust
related
$200,000 · Jones Motor INC
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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