Technical
Financial
Distress signals
Property profile

2 Decatur St Cumberland, MD 21502

OFF-MARKET
Retail space
Property ID
US40-2239554
1,881 SF 0.05 ac lot Built 1900
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Cumberland, Maryland, the property is a commercial and/or industrial building configured to support retail and food service use, including deli and take-out operations. The building is arranged with commercial space on the ground level and an apartment on the upper level, featuring a large interior layout and many windows. A deli business was historically operated on-site, and the property includes proximity to Cumberland Manor apartments across the street (101 units) as well as being within walking distance of the VA Clinic and Social Security Offices. The building is in good maintained condition and is suitable for continued food service and related retail uses, with the upper-level apartment providing additional on-site residential space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,881 SF
Lot 0.05 ac (2,250 SF)
Zoning code R-O
APN 23-006820
UPID US40-2239554

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
  • Food Market Restaurant
  • Accounting Firm Tax Preparation

Location

2 Decatur St Cumberland, MD 21502-2412
Cumberland metro Census 2300 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2016
4 recorded transactions
2016
$180,000
2005
$55,000
2005
$33,979
1969
Price N/A

Zoning & alternative use

R-O · Cumberland, MD
Zoning description

R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04…

General category MIXED_USE

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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