New search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
1938 Bethel Rd, Finksburg, MD 21048-1125
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-2162102
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
BRICK
Total area
2,488 SF
Lot
1.72 ac (74,749 SF)
Zoning code
C-2
APN
04-039645
UPID
US40-2162102
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
by Request
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$590k
Owner & transaction history
Caton Auto Par LLC · 5 yrs held
Caton Auto Par LLC
since 2020
Last sale
$615,000
7 recorded transactions
Zoning & alternative use
C-2 · Finksburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$515,000
+27.5%
Auto repair, garage
$430,000
+6.7%
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 Finksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Finksburg 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
$600,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$405,000
Current use
RETAIL STORES
$515,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$430,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $615k (Dec 23 2020)
Last sale anchor
$615k
Dec 23 2020
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
$237 / 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
$5,227
Tax year 2023
Assessed value
$462,533
Assessed 2023
Previous assessed
$389,400
+18.8% YoY
Effective rate
1.13%
On assessed value
Land market value
$261,600
Improvement market value
$347,200
Total market value
$608,800
Applied tax rate
4.0000
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
1977
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
2,488 SF
Lot
1.72 ac (74,749 SF)
Zoning code
C-2
APN
04-039645
UPID
US40-2162102
Jurisdiction
CARROLL
Zoning & alternative use
C-2 · Finksburg, MD
Zoning C-2 · permitted uses
C-2 · Finksburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Finksburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$405,000
RETAIL STORES
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$430,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1977
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Caton Auto Par LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6009 BALTIMORE NATIONAL PIKE, BALTIMORE, MD 21228-2904
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
$615,000
Caton Auto Par LLC
Kindred Bethel LLC
Deed
—
Jun 27, 2018
—
Kindred Bethel LLC
—
Deed
related
$500,000 · M & T Bank
Apr 27, 2009
—
Kindred Bethel LLC
Kindred Builders INC
Quit Claim Deed
related
—
Sep 22, 2008
$450,000
Kindred Builders INC
Craig C Whitcraft
Deed
—
Aug 25, 1997
$225,000
Craig C Whitcraft
Kerr,worth F & Emma
Grant Deed
$125,000 · Seller
—
—
Kindred Bethel LLC
—
Deed Of Trust
related
$100,000 · Branch Banking & Trust Co
—
—
Kindred Bethel LLC
—
Deed Of Trust
related
$360,000 · Branch Banking & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1938 Bethel Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
