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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
22015 Dover Brg Rd Bethlehem, MD 21609-2500
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US40-2318646
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1992
Construction
BRICK
Total area
4,480 SF
Lot
0.35 ac (15,454 SF)
Zoning code
VC
APN
04-002105
UPID
US40-2318646
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
-
United States Postal Service Money Order Service Shipping And Mailing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$520k
Owner & transaction history
Ruth M Garcia-pena · 20 yrs held
Ruth M Garcia-pena
since 2006
4 recorded transactions
Zoning & alternative use
VC · Bethlehem, 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 Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$116 / 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
$2,478
Tax year 2023
Assessed value
$226,900
Assessed 2023
Previous assessed
$225,067
+0.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$45,400
Assessed improvement
$181,500
Land market value
$45,400
Improvement market value
$181,500
Total market value
$226,900
Applied tax rate
4.0000
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
1992
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
3
Total area
4,480 SF
Lot
0.35 ac (15,454 SF)
Zoning code
VC
APN
04-002105
UPID
US40-2318646
Jurisdiction
CAROLINE
Zoning & alternative use
VC · Bethlehem, MD
Zoning VC · permitted uses
VC · Bethlehem, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
3
Lot
0.35 ac
Current owner
From public records · entity-resolved
Ruth M Garcia-pena
Individual
Mailing address
PO BOX 1ST 1, BETHLEHEM, MD 21609-0001
Ownership since
2006
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
Jan 22, 2018
—
Ruth Garcia Pena
—
Deed
related
$175,000 · Wilmington Savings Fund Society Fsb
Aug 26, 2016
—
Ruth M Garcia Pena
—
Deed
related
$100,000 · Wilmington Savings Fund Society Fsb
Jun 7, 2006
$282,000
Ruth M Garcia-pena
Patel,rakesh & Binal
Grant Deed
$225,600 · Provident State Bank INC
—
—
Ruth M Garcia-pena
—
Deed Of Trust
related
$217,300 · Talbot Bk/easton
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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