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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Warehouses
1401 Wentz Rd Manchester, MD 21102
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1466320
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2012
Total area
22,600 SF
Lot
9.35 ac (407,112 SF)
Zoning code
C-2
APN
06-061737
UPID
US40-1466320
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
$1.50M
Blend (final)
Blend
$1.12M
Owner & transaction history
Melrose Crossings LLC · 15 yrs held
Melrose Crossings LLC
since 2011
7 recorded transactions
Zoning & alternative use
C-2 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$49 / 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
$13,834
Tax year 2023
Assessed value
$1,224,267
Assessed 2023
Previous assessed
$1,214,500
+0.8% YoY
Effective rate
1.13%
On assessed value
Land market value
$305,900
Improvement market value
$937,900
Total market value
$1,243,800
Applied tax rate
6.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Heating
NONE
Stories
1
Units
1
Total area
22,600 SF
Lot
9.35 ac (407,112 SF)
Zoning code
C-2
APN
06-061737
UPID
US40-1466320
Jurisdiction
CARROLL
Zoning & alternative use
C-2 · Manchester, MDZoning C-2 · permitted uses
C-2 · Manchester, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Stories
1
Units
1
Lot
9.35 ac
Current owner
From public records · entity-resolved
Melrose Crossings LLC
Entity
Free & Clear · 15 yrs held
Mailing address
4440 HAY DR, MANCHESTER, MD 21102-1148
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2018
—
Melrose Crossings LLC
—
Deed
related
$495,000 · Branch Bk&tr
Oct 6, 2011
—
Melrose Crossings LLC
—
Trustees Deed
related
$600,000 · Acnb Bank
Jul 20, 2011
—
Melrose Crossings LLC
Melrose Crossings LLC
Quit Claim Deed
related
—
—
—
Melrose Crossings LLC
—
Deed Of Trust
related
$350,000 · Acnb Bk
—
—
Melrose Crossings LLC
—
Deed Of Trust
related
$495,000 · Branch Bk&tr
—
—
Melrose Crossings LLC
—
Deed Of Trust
related
$50,000 · Acnb Bank
—
—
Melrose Crossings LLC
—
Deed Of Trust
related
$239,184 · Acnb Bank
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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