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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Automotive properties
261 Frederick St, Hagerstown, MD 21740-6174
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US40-0315152
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1981
Construction
BRICK
Total area
15,120 SF
Lot
3.09 ac (134,600 SF)
Zoning code
CG
APN
17-005758
UPID
US40-0315152
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
-
Fiesta Motors Car Dealership
-
Fiesta Motors Tag & Title Vehicle Inspection Center
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Maryland Wholesale Automotives Car Dealership
-
Mattress Outlet Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$912k
Blend (final)
Blend
$945k
Owner & transaction history
285 LLC · 25 yrs held
285 LLC
since 2001
6 recorded transactions
Zoning & alternative use
CG · Hagerstown, 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 Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown 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
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$63 / 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
$13,192
Tax year 2023
Assessed value
$1,441,700
Assessed 2023
Previous assessed
$1,532,800
-5.9% YoY
Effective rate
0.92%
On assessed value
Assessed land
$309,000
Assessed improvement
$1,132,700
Land market value
$309,000
Improvement market value
$1,132,700
Total market value
$1,441,700
Applied tax rate
30.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1981
Construction
BRICK
Heating
SPACE
Cooling
YES
Buildings
5
Stories
1
Units
5
Total area
15,120 SF
Lot
3.09 ac (134,600 SF)
Zoning code
CG
APN
17-005758
UPID
US40-0315152
Jurisdiction
WASHINGTON
Zoning & alternative use
CG · Hagerstown, MD
Zoning CG · permitted uses
CG · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
3.09 ac
Current owner
From public records · entity-resolved
285 LLC
Entity
Mailing address
11000 BOWER AVE, HAGERSTOWN, MD 21740-7652
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2001
$40,000
285 LLC
Hamilton,william C
Grant Deed
$40,000 · William C
May 31, 2001
$595,000
Jeffrey N Crampton
Hamilton,william C
Grant Deed
$560,000 · William C
—
—
Jeffrey N Crampton
—
Deed Of Trust
related
$2,151,750 · Cnb Bk
—
—
Jeffrey N Crampton
—
Deed Of Trust
related
$1,100,000 · Hagerstown Trust Co
—
—
Hamilton Nissan INC
—
Deed Of Trust
related
$3,840,000 · Farmers & Merchants Bk & Tr
—
—
Jeffrey N Crampton
—
Deed Of Trust
related
$1,400,000 · Hagerstown Trust Co
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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