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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Investment properties
200 Franklin St Hagerstown, MD 21740-4922
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-1566945
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
BRICK
Total area
3,684 SF
Lot
0.06 ac (2,657 SF)
Zoning code
CCMU
APN
22-012347
UPID
US40-1566945
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
-
CoinFlip Bitcoin ATM Currency Exchange Service Investment Service
-
Western Union Bank Credit Union
-
7-Star Mini Market Department Store
-
Innernet Inc Mobile Phone Store Electronics & Wireless Store
-
Nadia Convenience Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
Franklin St LLC · 4 yrs held
Franklin St LLC
since 2022
Last sale
$305,000
4 recorded transactions
Zoning & alternative use
CCMU · Hagerstown, 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 Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown 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
$275,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±10% · vs last sale $305k (Mar 15 2022)
Last sale anchor
$305k
Mar 15 2022
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
$75 / 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
$1,826
Tax year 2023
Assessed value
$199,600
Assessed 2023
Previous assessed
$149,900
+33.2% YoY
Effective rate
0.91%
On assessed value
Land market value
$40,000
Improvement market value
$259,000
Total market value
$299,000
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1885
Construction
BRICK
Heating
STEAM
Stories
2
Units
5
Total area
3,684 SF
Lot
0.06 ac (2,657 SF)
Zoning code
CCMU
APN
22-012347
UPID
US40-1566945
Jurisdiction
WASHINGTON
Zoning & alternative use
CCMU · Hagerstown, MDZoning CCMU · permitted uses
CCMU · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1885
Construction
BRICK
Heating
STEAM
Stories
2
Units
5
Lot
0.06 ac
Current owner
From public records · entity-resolved
Franklin St LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7201 STERLING GRV DR, SPRINGFIELD, VA 22150-4432
Ownership since
2022
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
Mar 15, 2022
$305,000
Franklin St LLC
Jose Arias
Deed
—
Oct 9, 2007
$200,000
Jose Arias
Welsh,teresa K
Grant Deed
$187,500 · Amerlender Financial
Apr 21, 2006
—
Teresa K Welsh
Welsh,teresa K
Quit Claim Deed
related
—
Mar 28, 2000
$140,000
Teresa K Welsh
Britner,joni L
Grant Deed
$140,000 · F & M 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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