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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Investment properties
26 Main St, Westminster, MD 21157-4816
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-2334303
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
BRICK
Total area
3,480 SF
Lot
0.2 ac (8,904 SF)
Zoning code
MIXED
APN
07-069340
UPID
US40-2334303
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
-
Mercer Carpet One Floor & Home Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$463k
Blend (final)
Blend
$565k
Owner & transaction history
26 West Main Street L L C · 8 yrs held
26 West Main Street L L C
since 2018
3 recorded transactions
Zoning & alternative use
MIXED · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$725,000
+103.6%
Auto repair, garage
$605,000
+70.4%
Office building
$510,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$355,000
Current use
RETAIL STORES
$725,000
Change: +104% · Conversion: Easy
AUTO REPAIR, GARAGE
$605,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: +43% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$162 / 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
$10,720
Tax year 2023
Assessed value
$634,300
Assessed 2023
Previous assessed
$634,300
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$110,000
Assessed improvement
$524,300
Land market value
$110,000
Improvement market value
$524,300
Total market value
$634,300
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
1885
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
2
Total area
3,480 SF
Lot
0.2 ac (8,904 SF)
Zoning code
MIXED
APN
07-069340
UPID
US40-2334303
Jurisdiction
CARROLL
Zoning & alternative use
MIXED · Westminster, MD
Zoning MIXED · permitted uses
MIXED · 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
$355,000
RETAIL STORES
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$605,000
OFFICE BUILDING
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$405,000
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
1885
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
26 West Main Street L L C
Individual
Mailing address
1320 TOPKAPI DR, WESTMINSTER, MD 21157-6952
Ownership since
2018
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
Apr 6, 2018
—
26 West Main Street L L C
James L Farrell
Quit Claim Deed
related
$600,000 · Silver Hill Financial LLC
Jan 3, 2003
$400,000
James L Farrell
Mercer,john R & Barbara L
Grant Deed
$400,000 · John R & Barbara L Mercer
—
—
James L Farrell
—
Deed Of Trust
related
$300,000 · M & T Bank
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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