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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Office buildings
15935 Spielman Rd Williamsport, MD 21795-4101
Entity Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0981795
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1855
Total area
3,554 SF
Lot
63.68 ac (2,773,901 SF)
Zoning code
HI
APN
02-008424
UPID
US40-0981795
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
-
Quality Carriers Freight Service Logistics Company
-
Quality Carriers Terminal 173 Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$835k
Owner & transaction history
BOWMAN GROUP
BOWMAN GROUP
Zoning & alternative use
HI · Williamsport, 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 Williamsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsport 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%
$760,000
6.5%
$700,000
7%
$650,000
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$235 / 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
$11,379
Tax year 2023
Assessed value
$1,094,100
Assessed 2023
Previous assessed
$1,088,300
+0.5% YoY
Effective rate
1.04%
On assessed value
Assessed land
$613,700
Assessed improvement
$480,400
Land market value
$613,700
Improvement market value
$480,400
Total market value
$1,094,100
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1855
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
2
Units
2
Bathrooms
3
Total area
3,554 SF
Lot
63.68 ac (2,773,901 SF)
Zoning code
HI
APN
02-008424
UPID
US40-0981795
Jurisdiction
WASHINGTON
Zoning & alternative use
HI · Williamsport, MD
Zoning HI · permitted uses
HI · Williamsport, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1855
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
3
Lot
63.68 ac
Current owner
From public records · entity-resolved
BOWMAN GROUP
Entity
Free & Clear · 0 yrs held
Mailing address
10228 GOVERNOR LN BLVD UNIT #3002, WILLIAMSPORT, MD 21795-4064
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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