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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Turn key restaurants
2235 Churchville Rd Bel Air, MD 21015-1719
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1099785
Property summary
AI-generated overview
This exceptional investment opportunity presents a thriving restaurant and bar located at 2235 E Churchville Rd, Bel Air, MD 21015. The property boasts 2,688 square feet on a 0.85-acre lot, strategically positioned on a high-traffic road with over 23,000 cars passing daily. Built in 1950, the building features brick and siding exterior with block construction, zoned B2. The property includes a fully equipped kitchen, an updated bar area, and a convenient outdoor patio. Ample parking is available with over 45 spaces on-site. The current lease conveys with the sale, offering immediate income potential. Heating is provided by a zoned hot water system, and cooling is via central air conditioning. This turnkey operation is a rare find, offering a strong return on investment in a desirable location. Showings are available only during the establishment's off-hours to avoid disruption. The asking price is $799,000. Serious inquiries only.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
BRICK
Total area
2,688 SF
Lot
0.84 ac (36,808 SF)
Zoning code
B2
APN
03-030849
UPID
US40-1099785
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
-
Jd's Smokehouse North Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$997k
Blend (final)
Blend
$760k
Owner & transaction history
Wja LLC · 1 yrs held
Wja LLC
since 2025
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
B2 · Bel Air, 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 Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air 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
$730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$940,000
Current use
AUTO REPAIR, GARAGE
$840,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $775k (Jun 5 2025)
Last sale anchor
$775k
Jun 5 2025
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
$283 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,354
Tax year 2022
Assessed value
$859,433
Assessed 2023
Previous assessed
$852,700
+0.8% YoY
Effective rate
1.09%
On assessed value
Land market value
$729,300
Improvement market value
$143,600
Total market value
$872,900
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,688 SF
Lot
0.84 ac (36,808 SF)
Zoning code
B2
APN
03-030849
UPID
US40-1099785
Jurisdiction
HARFORD
Zoning & alternative use
B2 · Bel Air, MD
Zoning B2 · permitted uses
B2 · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$840,000
RESTAURANT Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Wja LLC
Entity
Mailing address
1435 TRAPPE RD, STREET, MD 21154-2017
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
$775,000
Wja LLC
Bitners Churchville Partnership
Deed
$620,000 · Harford Bank
May 17, 2021
—
Bitner S Churchville Partnership
—
Deed
related
$485,408 · First National Bank Of Pennsylvania
Jun 2, 1997
—
Bitners Churchville Ptshp
Neubauer,clarence G & Thelma S
Grant Deed
$275,000 · Harford National Bank
—
—
Bitners Churchville Ptshp
—
Deed Of Trust
related
$406,000 · Harford Bank
—
—
Bitners Churchville Ptshp
—
Deed Of Trust
related
$55,000 · Harford Bank
—
—
Bitners Churchville Ptshp
—
Deed Of Trust
related
$614,000 · Harford Bk
—
—
Bitners Churchville Ptshp
—
Deed Of Trust
related
$150,000 · Harford Bank
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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