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Property profile & analytics
OFF-MARKET
Estimated value
$93,920,000
Warehouses
16220 Wright Rd, Williamsport, MD 21795-4073
Individually Owned
Free & Clear
Property ID
US40-1671302
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
825,620 SF
Lot
53.74 ac (2,340,914 SF)
Zoning code
IG
APN
02-022745
UPID
US40-1671302
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
$87.55M
Comparable Approach
Comparable
$75.96M
Blend (final)
Blend
$93.92M
Owner & transaction history
United States Of America
United States Of America
since 2026
Last sale
$104.9M
4 recorded transactions
Zoning & alternative use
IG · Williamsport, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$124.8M
+92.3%
Auto repair, garage
$119.9M
+84.8%
Commercial (general)
$103.9M
+60.1%
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 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
$96,390,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$94,845,000
6.5%
$87,550,000
7%
$81,295,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$64,900,000
Current use
RETAIL STORES
$124,810,000
Change: +92% · Conversion: Moderate
AUTO REPAIR, GARAGE
$119,905,000
Change: +85% · Conversion: Easy
COMMERCIAL (GENERAL)
$103,920,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$93.92M
Range $84.53M – $103.31M · ±10% · vs last sale $104.85M (Jun 22 2022)
Last sale anchor
$104.85M
Jun 22 2022
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
$114 / 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
$517,614
Tax year 2023
Assessed value
$49,770,600
Assessed 2023
Previous assessed
$1,309,800
+3,699.9% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,340,900
Assessed improvement
$47,429,700
Land market value
$2,340,900
Improvement market value
$47,429,700
Total market value
$49,770,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Heating
FORCED AIR
Stories
1
Units
1
Total area
825,620 SF
Lot
53.74 ac (2,340,914 SF)
Zoning code
IG
APN
02-022745
UPID
US40-1671302
Jurisdiction
WASHINGTON
Zoning & alternative use
IG · Williamsport, MD
Zoning IG · permitted uses
IG · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$64.9M
RETAIL STORES
Est. value
$124.8M
AUTO REPAIR, GARAGE
Est. value
$119.9M
COMMERCIAL (GENERAL)
Est. value
$103.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2022
Heating
FORCED AIR
Stories
1
Units
1
Lot
53.74 ac
Current owner
From public records · entity-resolved
United States Of America
Individual
Free & Clear · 0 yrs held
Mailing address
11 DUPONT CIR NW STE #900, WASHINGTON, DC 20036-1202
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$102,400,000
United States Of America
Frind Hopwell LLC
Warranty Deed
—
Jun 22, 2022
$104,853,740
Frind Hopewell LLC
Wright Road Industrial LLC
Special Warranty Deed
$95,000,000 · Pcred II Lending I LLC
Jan 26, 2021
$10,000
Taylor Farms I LLC
Taylor Farms III LLC
Quit Claim Deed
related
—
Mar 14, 2016
$1,500,000
Dot Foods INC
Taylor Farm III LLC
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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