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Property profile & analytics
OFF-MARKET
Bowling alleys
20 Custis St, Aberdeen, MD 21001
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-0734253
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1957
Construction
BRICK
Total area
17,730 SF
Lot
0.73 ac (31,650 SF)
Zoning code
B3
APN
02-017229
UPID
US40-0734253
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
-
Harford Lanes Bowling Alley
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
Letscher LLC · 8 yrs held
Letscher LLC
since 2017
6 recorded transactions
Zoning & alternative use
B3 · Aberdeen, 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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,465
Tax year 2022
Assessed value
$893,100
Assessed 2023
Previous assessed
$888,000
+0.6% YoY
Effective rate
0.95%
On assessed value
Assessed land
$244,400
Assessed improvement
$648,700
Land market value
$244,400
Improvement market value
$648,700
Total market value
$893,100
Applied tax rate
200.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1957
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
17,730 SF
Lot
0.73 ac (31,650 SF)
Zoning code
B3
APN
02-017229
UPID
US40-0734253
Jurisdiction
HARFORD
Zoning & alternative use
B3 · Aberdeen, MD
Zoning B3 · permitted uses
B3 · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Letscher LLC
Entity
Mailing address
PO BOX 96, ABERDEEN, MD 21001-0096
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
May 4, 2020
—
Letscher Limited Liability Company
—
Deed
related
$760,000 · Harford Bank
Dec 27, 2017
—
Letscher LLC
—
Deed
related
$613,535 · Live Oak Bkg
Oct 23, 2017
$250,000
Letscher LLC
Harford Lanes INC
Grant Deed
$625,000 · Live Oak Bkg
—
—
Harford Lanes INC
—
Deed Of Trust
related
$31,000 · Aberdeen City (md)
—
—
Harford Lanes INC
—
Deed Of Trust
related
$210,000 · Harford National Bank
—
—
Letscher LLC
—
Loan Modification
related
$613,535 · Live Oak Bkg
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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