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    Property profile & analytics

    231 Main St Westminster, MD 21157-5228

    • Office buildings
    • 2,662 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US40-0364938
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Law Office of Christy McFaul Saunders & Associates, LLC / Family Law Attorney / Divorce Lawyer
    • Ulsch & Wright, P.A. / Divorce Lawyer / Family Law Attorney
    • Edward M. Ulsch / Attorney
    • The Law Office of Christy McFaul Saunders & Associates, LLC / Divorce Lawyer / Attorney

    Property Details for 231 Main St

    Year built
    1881
    Construction
    BRICK
    Lot size
    0.13 lot acres
    Property size
    2,662 SF
    Zone code
    DOWNT
    Property type
    Office buildings
    APN
    07-055625
    APU
    7055625

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $260,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $265,000
      Mixed-Use
      $265,000
      Hospitality
      $290,000
      Educational
      $225,000
      Residential Income
      $265,000
      Energy
      $310,000
      Income-Based Land
      $300,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9891
    Latitude
    39.5691
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,970
    $75,400
    $159,500
    $234,900
    -
    $75,400
    $159,500
    $234,900

    Comparable in this City

    • Value Estimation by Request
      11,820 SF

      710 Agricultural Ctr Dr

      OFFICE BUILDING • 11,820 SF
      710 Agricultural Ctr Dr, Westminster, MD 21157-5700
      View Details
    • Value Estimation by Request
      48,000 SF

      400 Hahn Rd

      OFFICE BUILDING • 48,000 SF
      400 Hahn Rd, Westminster, MD 21157-4627
      View Details
    • Value Estimation by Request
      14,060 SF

      1812 Baltimore Blvd

      OFFICE BUILDING • 14,060 SF
      1812 Baltimore Blvd, Westminster, MD 21157-7146
      View Details
    • Value Estimation
      $1,010,000
      1,490 SF

      526 Baltimore Blvd

      OFFICE BUILDING • 1,490 SF
      526 Baltimore Blvd, Westminster, MD 21157-6158
      View Details
    • Value Estimation by Request
      20,200 SF

      400 Hahn Rd

      OFFICE BUILDING • 20,200 SF
      400 Hahn Rd, Westminster, MD 21157-4627
      View Details
    • Value Estimation by Request
      1,988 SF

      Main

      OFFICE BUILDING • 1,988 SF
      Main, Westminster, MD 21157
      View Details

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      Land For Sale Westminster

      3.02 acres of land for sale in Westminster, Maryland.
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    • $200,000
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      Residential Land in Westminster, MD

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    Similar Nearby for Lease

    • $495 /Mo

      Historic Main Street Office Space

      Shared office space in a historic Main Street building.
      237 E Main St, Westminster, MD 21157
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      Westminster Office Space Available

      Office space available for rent in Westminster, Maryland.
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      Westminster Flex/Warehouse Space Available

      Flex, office, and warehouse spaces available near Carroll County Airport.
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    • $2,500 /Mo
      1,500 SF

      Downtown Westminster Office Space Available

      Office space for rent in a desirable downtown location.
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      View Details
    • $1,637 /Mo

      Westminster Commercial Space For Rent

      Commercial space ideal for office or retail in Westminster.
      28 Liberty St, Westminster, MD 21157
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    • $19 SF/Yr
      3,467 SF

      Carroll Plaza Office Suites Available

      Prime Carroll County Office Space, Flexible Sizes
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      View Details
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    231 Main St
    Westminster, MD 21157-5228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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