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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Retail space
2383 Brandermill Blvd, Gambrills, MD 21054-1847
Trust Owned
16-yr Hold
Free & Clear
Property ID
US40-1585902
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Total area
7,400 SF
Lot
3.98 ac (173,282 SF)
Zoning code
MXD-C
APN
04-883-90232631
UPID
US40-1585902
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
-
The Farmhouse - Gambrills Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.90M
Blend (final)
Blend
$3.59M
Owner & transaction history
Wcs Properties Business Trust · 16 yrs held
Wcs Properties Business Trust
since 2010
5 recorded transactions
Zoning & alternative use
MXD-C · Gambrills, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+17.2%
Auto repair, garage
$3.1M
+2.6%
Industrial (general)
$3.1M
+1.1%
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 Gambrills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gambrills 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
Alternative Use
Use
Estimation
RETAIL STORES
$3,065,000
Current use
RESTAURANT
$3,595,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,145,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,100,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$2,710,000
Change: -12% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,470,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±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
$485 / 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
$152,025
Tax year 2023
Assessed value
$13,921,700
Assessed 2023
Previous assessed
$12,890,500
+8.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$2,779,000
Improvement market value
$13,205,100
Total market value
$15,984,100
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2012
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
4
Total area
7,400 SF
Lot
3.98 ac (173,282 SF)
Zoning code
MXD-C
APN
04-883-90232631
UPID
US40-1585902
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
MXD-C · Gambrills, MD
Zoning MXD-C · permitted uses
MXD-C · Gambrills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gambrills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2012
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
3.98 ac
Current owner
From public records · entity-resolved
Wcs Properties Business Trust
Trust
Free & Clear · 16 yrs held
Mailing address
10096 RED RUN BLVD STE #100, OWINGS MILLS, MD 21117-4632
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2017
—
Wcs Properties Business Trust
—
Grant Deed
related
$87,150,000 · Thrivent Fin'l/lutherans
Mar 7, 2012
—
Wcs Properties Business Trust
—
Deed Of Trust
related
$88,000,000 · Manufacturers Traders & Trust
Jun 30, 2010
—
Wcs Properties Business Trust
Bbss INC
Grant Deed
related
—
—
—
Gt Gambrills LLC
—
Deed Of Trust
related
$2,650,000 · Cfg Cmnty Bk
—
—
Gt Gambrills LLC
—
Deed Of Trust
related
$1,112,000 · Business Finance Group INC
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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