Entity Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,384 SF
Lot
2.68 ac (116,741 SF)
Zoning code
M1
APN
02-024160
UPID
US40-1257237
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Production Facility Construction Company
-
Party Supply Store Rental Equipment Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.38M
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.74M
Owner & transaction history
since 2019
6 recorded transactions
Zoning & alternative use
M1 · Frederick, MD
Zoning description
not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
General category
INDUSTRIAL
Top alternative use upside
Auto repair, garage
$3.7M
+13.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.74M
Value range
$2.46M – $3.01M
±10% around blend
Estimated value / SF
$117 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$2.46M
blend $2.74M
$3.01M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,384 SF
Lot area
2.68 ac
Year built
1997
Stories
1
APN
02-024160
Zoning
M1
Assessed value
$2,339,400
Annual tax
$45,430
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.38M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.66M
@ 6.5% CAP return
$3.38M
@ 7% CAP return
$3.14M
4
Sales comparison
Partial preview
Sales approach indication
$2.68M
Range $2.22M – $4.94M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.74M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 32 sales
$139
-16%
County 48 sales
$133
-12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $117/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+14%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.34M
Move the market yield to see immediate price impact.
Value / SF
$100
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$147k
$2.95M
$2.11M
$1.64M
$164k
$3.28M
$2.34M
$1.82M
$180k
$3.60M
$2.57M
$2.00M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,430
Tax year 2023
Assessed value
$2,339,400
Assessed 2023
Previous assessed
$2,381,100
-1.8% YoY
Effective rate
1.94%
On assessed value
Assessed land
$758,800
Assessed improvement
$1,580,600
Land market value
$758,800
Improvement market value
$1,580,600
Total market value
$2,339,400
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
2
Total area
23,384 SF
Lot
2.68 ac (116,741 SF)
Zoning code
M1
APN
02-024160
UPID
US40-1257237
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
M1 · Frederick, MDZoning M1 · permitted uses
M1 · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
2
Lot
2.68 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M1
INDUSTRIAL
Jurisdiction
Frederick, MD
Recorded code
M1
Official district
M1
Official district profile
What the municipal code says about M1
Zoning description
not able to meet the criteria applicable in the M1 districts. General retail and residential uses are not appropriate for this zone. MO (Manufacturing/ Office) The M/O district is intended to provide a park-like setting…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Frederick, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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