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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
256 Main St Westminster, MD 21157-5552
Individually Owned
1-yr Hold
Free & Clear
Property ID
US40-0858168
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
BRICK
Total area
3,600 SF
Lot
0.07 ac (3,159 SF)
Zoning code
DOWNT
APN
07-060165
UPID
US40-0858168
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$376k
Blend (final)
Blend
$510k
Owner & transaction history
Yvonne Nwankwo Ozodimma · 1 yrs held
Yvonne Nwankwo Ozodimma
since 2025
Last sale
$585,000
3 recorded transactions
Zoning & alternative use
DOWNT · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$750,000
+103.6%
Auto repair, garage
$625,000
+70.4%
Office building
$525,000
+43.1%
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 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
Method
Estimation
Statistic approach
$495,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$575,000
7%
$530,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Current use
RETAIL STORES
$750,000
Change: +104% · Conversion: Easy
AUTO REPAIR, GARAGE
$625,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: +43% · Conversion: Easy
WAREHOUSE, STORAGE
$420,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $585k (Dec 20 2023)
Last sale anchor
$585k
Dec 20 2023
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
$142 / 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
$5,885
Tax year 2023
Assessed value
$348,200
Assessed 2023
Previous assessed
$348,200
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$52,900
Assessed improvement
$295,300
Land market value
$52,900
Improvement market value
$295,300
Total market value
$348,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1850
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
5
Total area
3,600 SF
Lot
0.07 ac (3,159 SF)
Zoning code
DOWNT
APN
07-060165
UPID
US40-0858168
Jurisdiction
CARROLL
Zoning & alternative use
DOWNT · Westminster, MD
Zoning DOWNT · permitted uses
DOWNT · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$365,000
RETAIL STORES
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$625,000
OFFICE BUILDING
Est. value
$525,000
WAREHOUSE, STORAGE
Est. value
$420,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE 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
1850
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
5
Lot
0.07 ac
Current owner
From public records · entity-resolved
Yvonne Nwankwo Ozodimma
Individual
Free & Clear · 1 yrs held
Mailing address
819 REECE RD UNIT #697, SEVERN, MD 21144-7531
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Yvonne Nwankwo Ozodimma
Nwankwo Uzoma
Deed
related
—
Dec 20, 2023
$585,000
Nwankwo Uzoma
Westminster Realty LLC
Deed
$428,000 · Woodsboro Bank
Dec 19, 2016
$200,000
Estminster Realy LLC
Patricia Keener
Intrafamily Transfer
related
—
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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