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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Warehouses
2903 Dede Rd Finksburg, MD 21048-2300
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0071421
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
BRICK
Total area
15,000 SF
Lot
21.23 ac (924,779 SF)
Zoning code
I-2
APN
04-059182
UPID
US40-0071421
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$1.76M
Owner & transaction history
C J Miller LLC · 7 yrs held
C J Miller LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-2 · Finksburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+48.5%
Office building
$2.4M
+39.2%
Industrial (general)
$2.4M
+38.1%
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 Finksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Finksburg 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,755,000
Current use
AUTO REPAIR, GARAGE
$2,605,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$2,445,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,425,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,770,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±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
$117 / 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
$24,494
Tax year 2023
Assessed value
$2,167,633
Assessed 2023
Previous assessed
$2,008,800
+7.9% YoY
Effective rate
1.13%
On assessed value
Land market value
$1,473,700
Improvement market value
$1,011,600
Total market value
$2,485,300
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
HEAT PUMP
Buildings
8
Stories
1
Units
9
Total area
15,000 SF
Lot
21.23 ac (924,779 SF)
Zoning code
I-2
APN
04-059182
UPID
US40-0071421
Jurisdiction
CARROLL
Zoning & alternative use
I-2 · Finksburg, MDZoning I-2 · permitted uses
I-2 · Finksburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1979
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
8
Units
9
Lot
21.23 ac
Current owner
From public records · entity-resolved
C J Miller LLC
Entity
Mailing address
3514 BASLER RD, HAMPSTEAD, MD 21074-1216
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2019
—
C J Miller LLC
—
Grant Deed
related
$17,500,000 · Howard Bk
May 9, 2012
—
C J Miller LLC
—
Deed Of Trust
related
$13,700,000 · Suntrust Bank NA
Jul 3, 2003
—
Charles J Miller INC
—
Deed Of Trust
related
$3,000,000 · Mercantile-safe Deposit & Trus
—
—
Charles J Miller Realty INC
—
Deed Of Trust
related
$21,000,000 · Wells Fargo Bank
—
—
Cj Miller LLC
—
Deed Of Trust
related
$7,867,190 · Suntrust Bank NA
—
—
C J Miller LLC
—
Loan Modification
related
$2,500,000 · Suntrust Bk
—
—
C J Miller LLC
—
Deed Of Trust
related
$8,000,000 · Mercantile-safe Deposit & Trus
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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