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Property profile & analytics
OFF-MARKET
Hospitals
141 Main St Boonsboro, MD 21713-1203
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1331497
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1983
Construction
BRICK
Total area
78,051 SF
Lot
10.05 ac (437,778 SF)
Zoning code
CG
APN
06-024874
UPID
US40-1331497
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
-
Sterling Care South Mountain Nursing Home
-
Kathryn Mckelvie Pediatrician Physician
-
Michael Lapole Physician
-
Jeanette M. Rosensteel, OTA Physician
-
Nana Yaa F Agyemang Physician
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
Ctr Partnership LP · 1 yrs held
Ctr Partnership LP
since 2025
Last sale
$25.9M
7 recorded transactions
Zoning & alternative use
CG · Boonsboro, 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 Boonsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boonsboro 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
$95,337
Tax year 2023
Assessed value
$10,419,300
Assessed 2023
Previous assessed
$10,419,300
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$1,005,000
Assessed improvement
$9,414,300
Land market value
$1,005,000
Improvement market value
$9,414,300
Total market value
$10,419,300
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
3
Units
148
Total area
78,051 SF
Lot
10.05 ac (437,778 SF)
Zoning code
CG
APN
06-024874
UPID
US40-1331497
Jurisdiction
WASHINGTON
Zoning & alternative use
CG · Boonsboro, MD
Zoning CG · permitted uses
CG · Boonsboro, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boonsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
3
Units
148
Lot
10.05 ac
Current owner
From public records · entity-resolved
Ctr Partnership LP
Entity
Mailing address
709 KERSEY RD, SILVER SPRING, MD 20902-3054
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$2,941,300
Ctr Partnership LP
South Mountain Il Realty LLC
Special Warranty Deed
—
Jan 14, 2025
$25,860,000
141 South Main Street Md LLC
South Mountain Snf Realty LLC
Special Warranty Deed
—
Dec 18, 2019
—
South Mountain Il Realty LLC
South Mountain Snf Realty LLC
Quit Claim Deed
—
Apr 4, 2018
—
South Mountain Snf Realty LLC
—
Deed
related
$5,000,000 · Oxford Fin
Mar 9, 2018
$15,553,615
South Mountain Snf Reality LLC
Fc-thc Leasing LLC
Grant Deed
$33,000,000 · Oxford Fin
Sep 12, 2012
—
Re Salisbury LLC
—
Deed Of Trust
related
$446,000,000 · General Electric Capital Corp
Jan 22, 2007
$6,000,000
Fc-thc Leasing II LLC
Reeders Memorial Home INC
Quit Claim Deed
related
—
—
—
South Mountain Snf Realty LLC
—
Deed Of Trust
related
$5,000,000 · Oxford Fin
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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