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Property profile & analytics
FOR SALE
Office buildings
192 E Main St, Westminster, MD 21157
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US40-2401132
For Sale
1 / 46
$449,900
192 E Main St, Westminster, MD 21157
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1880
Construction
BRICK
Total area
2,336 SF
Lot
0.19 ac (8,494 SF)
Zoning code
DOWNT
APN
07-062974
UPID
US40-2401132
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
-
Development Design Consultants, Inc. General Contractor
-
Design Development Consultants Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
192 East Main Street LLC · 16 yrs held
192 East Main Street LLC
since 2009
4 recorded transactions
Zoning & alternative use
DOWNT · Westminster, 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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,855
Tax year 2023
Assessed value
$287,300
Assessed 2023
Previous assessed
$280,700
+2.4% YoY
Effective rate
1.69%
On assessed value
Assessed land
$105,900
Assessed improvement
$181,400
Land market value
$105,900
Improvement market value
$181,400
Total market value
$287,300
Applied tax rate
71.0000
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
For Sale
Year built
1880
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
2,336 SF
Lot
0.19 ac (8,494 SF)
Zoning code
DOWNT
APN
07-062974
UPID
US40-2401132
Jurisdiction
CARROLL
Zoning & alternative use
DOWNT · Westminster, MD
Zoning DOWNT · permitted uses
DOWNT · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
192 East Main Street LLC
Entity
Mailing address
192 E MAIN ST, WESTMINSTER, MD 21157-5017
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Sep 24, 2009
—
192 East Main Street LLC
192 East Main Street LLC
Quit Claim Deed
related
$1,154,000 · Manufacturers & Traders Trust
Nov 23, 2005
$400,000
192 East Main LLC
Link,william C & Jeanne L
Grant Deed
$398,000 · William C & Jeanne L Link
Jul 23, 1999
$137,500
Jeanne L Link
188-194 East Main Street LLC
Grant Deed
$140,000 · Union National Bank Of Westmin
—
—
Jeanne L Link
—
Deed Of Trust
related
$142,000 · Union Nat'l Bank Westminster
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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