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Property profile & analytics
OFF-MARKET
Storefront properties
2 Washington Rd, Westminster, MD 21157-5609
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0521432
Property summary
AI-generated overview
This retail property is located in Westminster, Maryland, and occupies a lot size of 0.12 acres.
Property profile
Verified
Property type
Storefront properties
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
BRICK
Total area
680 SF
Lot
0.12 ac (5,042 SF)
Zoning code
DOWNT
APN
07-064519
UPID
US40-0521432
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
-
The Food Chick Take-out & Catering Catering Service
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
50 Stars Corp · 2 yrs held
50 Stars Corp
since 2023
Last sale
$325,000
6 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
$2,116
Tax year 2023
Assessed value
$125,200
Assessed 2023
Previous assessed
$116,333
+7.6% YoY
Effective rate
1.69%
On assessed value
Assessed land
$67,300
Assessed improvement
$57,900
Land market value
$67,300
Improvement market value
$57,900
Total market value
$125,200
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
Storefront properties
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
680 SF
Lot
0.12 ac (5,042 SF)
Zoning code
DOWNT
APN
07-064519
UPID
US40-0521432
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
1930
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
50 Stars Corp
Entity
Mailing address
22811 3RD NOTCH RD, CALIFORNIA, MD 20619-3111
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2023
$325,000
50 Stars Corp
2 W LLC
Deed
$225,000 · Fulton Bank NA
Jun 25, 2018
$130,000
2w LLC
Edgar,mark E & Allison M
Grant Deed
$93,750 · Nwsb Bank
Aug 20, 2015
$95,000
Mark E Edgar
Mitchell,denise R
Grant Deed
—
Feb 9, 2006
—
Denise R Mitchell
Blum,william A
Quit Claim Deed
related
—
—
—
Denise R C Mitchell
—
Deed Of Trust
related
$25,475 · Branch Bk&tr
—
—
William A Blum
—
Deed Of Trust
related
$56,038 · Carroll County Bank & 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.
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