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Property profile & analytics
OFF-MARKET
Commercial land
245 Baltimore Blvd, Westminster, MD 21157-4987
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1474711
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2024
Lot
7.76 ac (338,026 SF)
Zoning code
BUSIN
APN
07-025750
UPID
US40-1474711
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
-
Outback Steakhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wca North LLC · 3 yrs held
Wca North LLC
since 2022
7 recorded transactions
Zoning & alternative use
BUSIN · Westminster, 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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,491
Tax year 2023
Assessed value
$324,900
Assessed 2023
Previous assessed
$324,900
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$324,900
Land market value
$324,900
Total market value
$324,900
Applied tax rate
71.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2024
Heating
NONE
Lot
7.76 ac (338,026 SF)
Zoning code
BUSIN
APN
07-025750
UPID
US40-1474711
Jurisdiction
CARROLL
Zoning & alternative use
BUSIN · Westminster, MD
Zoning BUSIN · permitted uses
BUSIN · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2024
Heating
NONE
Lot
7.76 ac
Current owner
From public records · entity-resolved
Wca North LLC
Entity
Mailing address
2800 QUARRY LK DR STE #340, BALTIMORE, MD 21209-3764
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
—
W David Morse
—
Deed
related
$13,250,000 · Shore United Bank NA
May 17, 2024
—
Wca North LLC
—
Deed
related
$2,697,421 · Mfi Realty Development INC
Nov 22, 2022
—
Wca North LLC
Westminster Center Associates Lllp
Deed
$7,800,000 · Cfg Community Bank
Oct 31, 2019
—
Westminster Ctr Assocs Lllp
—
Deed
related
$4,880,000 · One-forty Corp
Oct 29, 2019
—
Westminster Center Associates LLP
—
Deed
related
—
Dec 22, 2017
$9,880,000
Westminster Ctr Associates Lll
One-forty Corp
Grant Deed
—
Mar 15, 1999
—
One-forty Corporation
—
Deed Of Trust
related
$5,300,000 · Nationsbank
—
—
One-forty Corp
—
Deed Of Trust
related
$4,668,000 · Suntrust Bank NA
—
—
Westminster Ctr Assocs Lllp
—
Deed Of Trust
related
$4,880,000 · One-forty Corp
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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