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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Investment properties
289 Main St, Westminster, MD 21158-4311
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-0092661
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Construction
BRICK
Total area
9,560 SF
Lot
3.56 ac (154,943 SF)
Zoning code
BUSIN
APN
07-054114
UPID
US40-0092661
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
-
Baugher's Fruit Market Food Market Specialty Food Shop
-
Maryland IT Solutions Tech Support Center IT Consulting Firm
-
Baugher's Appleman Playland Family Recreation Center
-
The Snowball Chalet Bakery Take-out & Catering
-
Gauge Digital Media Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.24M
Owner & transaction history
Pierced Wood LLC · 5 yrs held
Pierced Wood LLC
since 2020
5 recorded transactions
Zoning & alternative use
BUSIN · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+99.5%
Auto repair, garage
$1.7M
+67.0%
Industrial (general)
$1.5M
+55.2%
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%
$1,650,000
6.5%
$1,520,000
7%
$1,415,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$995,000
Current use
RETAIL STORES
$1,985,000
Change: +100% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,660,000
Change: +67% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,545,000
Change: +55% · Conversion: Moderate
OFFICE BUILDING
$1,370,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$1,120,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±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
$130 / 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
$15,857
Tax year 2023
Assessed value
$938,300
Assessed 2023
Previous assessed
$938,300
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$616,300
Assessed improvement
$322,000
Land market value
$616,300
Improvement market value
$322,000
Total market value
$938,300
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
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
1947
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
9,560 SF
Lot
3.56 ac (154,943 SF)
Zoning code
BUSIN
APN
07-054114
UPID
US40-0092661
Jurisdiction
CARROLL
Zoning & alternative use
BUSIN · Westminster, MD
Zoning BUSIN · permitted uses
BUSIN · 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
$995,000
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1947
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
3.56 ac
Current owner
From public records · entity-resolved
Pierced Wood LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1236 BAUGHER RD, WESTMINSTER, MD 21158-3604
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$650,000
Pierced Wood LLC
Timothy Hatfield
Grant Deed
—
Dec 28, 2012
—
Kay B Ripley
Baugher,allan E
Grant Deed
related
—
May 17, 2007
$363,000
Marjorie H Baugher
Baugher,daniel D
Grant Deed
related
$390,000 · Midatlantic Farm Credit Aca
Dec 19, 2006
$83,629
Kay B Ripley
Baugher,paul E
Grant Deed
—
Dec 19, 2006
—
Kay B Ripley
Ripley,kay B
Quit Claim Deed
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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