Financial
Distress signals
Property profile

163 N Mechanic St Cumberland, MD 21502

FOR SALE
Office buildings
Property ID
US40-1426085
2,876 SF 0.23 ac lot Built 1918
Last sale Oct 2000 · $68,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A classic brick commercial building located near downtown, previously configured for professional office use. The property is laid out in a dual-level configuration that allows for a variety of potential uses. It includes a large private parking lot on-site, providing off-street parking for occupants and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$138k
Assessed land$25k
Assessed improvement$112k

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$16k
Operating expenses−$20k
NOI · 29.60% cap applied$59k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$40 – $158

Cap rate analysis

How does the asset earn?
29.60%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-CBD
B-CBD All permitted nonresidential uses 2,000 -- 20 -- -- -- -- -- 100 Single-family attached, detached, and two-family -- 1,600 16 -- --...
General categoryCIVIC_INSTITUTIONAL
JurisdictionALLEGANY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Dry Cleaner9.0
Catering Service8.7

Location

163 N Mechanic St Cumberland, MD 21502
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Washington, Cumberland, MD 21502-3460 $325,000 Feb 2026 4,214 SF
302 Industrial, Cumberland, MD 21502-4553 $225,000 Oct 2024 2,572 SF
127 Smallwood, Cumberland, MD 21502-3397 $395,000 Sep 2024 2,347 SF
Rr Rr Rd Bedford, Cumberland, MD 21502 $65,000 May 2024 2,204 SF
519 Mechanic, Cumberland, MD 21502-2133 $170,000 Jun 2023 2,090 SF
128 Greene, Cumberland, MD 21502 $72,000 May 2023 2,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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