Technical
Financial
Distress signals
Property profile

18206 Lappans Rd Boonsboro, MD 21713

OFF-MARKET
Outlet malls
Property ID
US40-0717479
9,100 SF 2.16 ac lot Built 2021
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2021
Total area 9,100 SF
Lot 2.16 ac (94,090 SF)
Zoning code RV
APN 12-001614
UPID US40-0717479

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Bank Credit Union
  • Discount Store

Location

18206 Lappans Rd Boonsboro, MD 21713-1915
Boonsboro metro Census 10902 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.54M
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2014
2 recorded transactions
2014
$250,000
2011
Price N/A

Zoning & alternative use

RV · Boonsboro, MD
Top alternative use upside
Office building $1.9M +37.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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