Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    25 Cranberry Rd Westminster, MD 21157-5101

    • Motels
    • 43,740 SF
    • 3.11 lot acres
    OFF-MARKET
    Value Estimations
    $2,520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0664060
    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

    • IHOP / Breakfast Restaurant
    • Days Inn by Wyndham Westminster / Hotel / Inn

    Property Details for 25 Cranberry Rd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.11 lot acres
    Property size
    43,740 SF
    Zone code
    BUSIN
    Property type
    Motels
    APN
    07-091990
    APU
    7091990

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,165,000
      AUTO REPAIR, GARAGE
      $3,935,000
      INDUSTRIAL (GENERAL)
      $3,705,000
      RETAIL STORES
      $3,380,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9811
    Latitude
    39.5729
    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
    $75,611
    $1,112,900
    $3,361,100
    $4,474,000
    -
    $1,112,900
    $3,361,100
    $4,474,000

    Comparable in this City

    • Value Estimation
      $720,000
      11,300 SF

      533 Baltimore Blvd

      MOTEL • 11,300 SF
      533 Baltimore Blvd, Westminster, MD 21157-6101
      View Details
    • Value Estimation
      $1,570,000
      26,094 SF

      5 Ctr St

      HOTEL • 26,094 SF
      5 Ctr St, Westminster, MD 21157-5687
      View Details
    • Value Estimation by Request
      0.02 Acres

      419 Malcolm Dr Ste A

      CONDOMINIUM OFFICES • 0.02 Acres
      419 Malcolm Dr Ste A, Westminster, MD 21157-6130
      View Details
    • Value Estimation by Request
      0.02 Acres

      419 Malcolm Dr Ste F

      CONDOMINIUM OFFICES • 0.02 Acres
      419 Malcolm Dr Ste F, Westminster, MD 21157-6130
      View Details
    • Value Estimation by Request
      0.02 Acres

      419 Malcolm Dr E E Ste

      CONDOMINIUM OFFICES • 0.02 Acres
      419 Malcolm Dr E E Ste, Westminster, MD 21157-6130
      View Details
    • Value Estimation by Request
      1.31 Acres

      Malcolm Dr

      VACANT COMMERCIAL LAND • 1.31 Acres
      Malcolm Dr, Westminster, MD 21157
      View Details

    Similar Nearby for Sale

    • $479,000
      5,040 SF

      Westminster Retail Space - High Traffic

      Prime location, renovated retail space, ideal for multiple uses.
      2 Washington Rd, Westminster, MD 21157
      View Details
    • $350,000
      5,480 SF

      Westminster Mixed-Use Investment Property

      High-yield storage units, prime location.
      137 Westminster Ave, Westminster, MD 21157
      View Details
    • $235,000
      1.21 Acres

      Westminster Land: Build Your Dream

      1.2-acre lot in Pool Ridge Estates, ready for your vision.
      Hazeldyne Ct, Westminster, MD 21157
      View Details
    • $389,000
      1,600 SF

      Medical Office For Sale

      Medical office space with NYSE listed tenant, Quest Diagnostics.
      222 Washington Heights Med Ctr, Westminster, MD 21157
      View Details
    • $914,953

      Westminster Specialty Property For Sale

      Specialty property available for purchase in Westminster, Maryland.
      200 Whirlaway Ct, Westminster, MD 21157
      View Details
    • $749,900

      Westminster Specialty Property For Sale

      Specialty property available for purchase in Westminster, Maryland.
      536 Alysweep Ct, Westminster, MD 21157
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      65,340 SF

      Retail Spaces in Westminster Landmark

      Two retail spaces available for lease in Westminster, Maryland.
      601 Jermor Ln, Westminster, MD 21157
      View Details
    • $495 /Mo

      Historic Main Street Office Space

      Shared office space in a historic Main Street building.
      237 E Main St, Westminster, MD 21157
      View Details
    • Contact for pricing
      18,384 SF

      Westminster Retail Space For Lease

      Retail spaces available in Westminster, Maryland, with strong frontage.
      505 Jermor Ln, Westminster, MD 21157
      View Details
    • $10 SF/Yr
      340 SF

      Westminster Warehouse with Loading Dock

      Small warehouse in Westminster with loading dock and drive-in doors.
      142 Railroad Ave, Westminster, MD 21157
      View Details
    • Contact for pricing
      12,054 SF

      Retail Space in Cranberry Square

      Retail space available in a shopping center anchored by Giant.
      385 N Center St, Westminster, MD 21157
      View Details
    • Contact for pricing

      1.92 Acre Pad Site Available

      1.92 acre pad site for ground lease or build-to-suit.
      200 Baltimore Blvd, Westminster, MD 21157
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25 Cranberry Rd
    Westminster, MD 21157-5101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.