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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Drive through restaurants
1589 Nursery Rd Linthicum Hts, MD 21090-2206
Entity Owned
~
Est. High Equity
Property ID
US40-1133089
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1998
Construction
BRICK
Total area
3,767 SF
Lot
1 ac (43,560 SF)
Zoning code
W1-BW
APN
05-017-90099348
UPID
US40-1133089
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
-
Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.50M
Owner & transaction history
Bwi Coffee LLC
Bwi Coffee LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
W1-BW · Linthicum Hts, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+3.1%
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 Linthicum Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Hts 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,830,000
Current use
OFFICE BUILDING
$1,885,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,600,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,560,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Apr 23 2024)
Last sale anchor
$2.50M
Apr 23 2024
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
$664 / 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
$20,163
Tax year 2023
Assessed value
$1,846,400
Assessed 2023
Previous assessed
$1,846,400
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$550,500
Improvement market value
$1,469,700
Total market value
$2,020,200
Applied tax rate
5.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,767 SF
Lot
1 ac (43,560 SF)
Zoning code
W1-BW
APN
05-017-90099348
UPID
US40-1133089
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1-BW · Linthicum Hts, MD
Zoning W1-BW · permitted uses
W1-BW · Linthicum Hts, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Hts. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
RESTAURANT Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1998
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Bwi Coffee LLC
Entity
Mailing address
3640 MARTINS DAIRY CIR, OLNEY, MD 20832-2452
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
Jul 24, 2025
—
Bwi Coffee LLC
Nursery Road Holdings LLC
Deed
related
$3,225,000 · Bank Rhode Island
Jul 24, 2025
$2,150,000
Bwi Coffee LLC
Mitco West Nursery LLC
Special Warranty Deed
$3,225,000 · Bank Rhode Island
Jul 1, 2024
—
Nursery Road Holdings LLC
—
Deed
related
$1,000,000 · Bank Rhode Island
Apr 23, 2024
$2,500,000
Nursery Road Holdings LLC
Mitco West Nursery LLC
Special Warranty Deed
—
Apr 12, 2023
$10,600,000
Mitco West Nursery LLC
Readco Bwi I LLC
Special Warranty Deed
$7,950,000 · Virginia National Bank
May 21, 2021
—
Wend Baltimore North LLC
—
Deed
related
$150,000 · Bank Of America NA
Nov 27, 2019
—
Readco Bwi I LLC
—
Deed
related
$7,000,000 · Peoples United Bank
Nov 20, 1997
$400,000
Readco,bwi III LLC
United Propertie
Grant Deed
—
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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