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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
307 Main St Frostburg, MD 21532-2016
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US40-2346806
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1920
Construction
BRICK
Total area
2,839 SF
Lot
0.64 ac (27,873 SF)
Zoning code
C2
APN
12-005725
UPID
US40-2346806
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
-
CARQUEST AUTO PARTS #7525 Auto Parts Store
-
Carquest Auto Parts - Frostburg Auto Parts LLC Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ncr Properties LLC · 17 yrs held
Ncr Properties LLC
since 2009
4 recorded transactions
Zoning & alternative use
C2 · Frostburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for a wide range of commercial uses serving local and regional markets as well as travelers on local highways.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
173.85 ac
Source
Realmo
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 Frostburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frostburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,742
Tax year 2023
Assessed value
$370,467
Assessed 2023
Previous assessed
$362,400
+2.2% YoY
Effective rate
1.01%
On assessed value
Land market value
$94,600
Improvement market value
$292,000
Total market value
$386,600
Applied tax rate
11.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
FORCED AIR
Buildings
2
Stories
1
Units
2
Total area
2,839 SF
Lot
0.64 ac (27,873 SF)
Zoning code
C2
APN
12-005725
UPID
US40-2346806
Jurisdiction
ALLEGANY
Zoning & alternative use
C2 · Frostburg, MDZoning C2 · permitted uses
C2 · Frostburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for a wide range of commercial uses serving local and regional markets as well as travelers on local highways.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
173.85 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
FORCED AIR
Stories
1
Buildings
2
Units
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Ncr Properties LLC
Entity
Mailing address
PO BOX 456, FROSTBURG, MD 21532-0456
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2009
$375,000
Ncr Properties LLC
Albright,dennis J
Grant Deed
$371,000 · Dennis J Albright
Jul 30, 2009
—
Dennise J Albright
Peiffer,arlene K
Grant Deed
related
—
Dec 2, 2008
—
Arlene K Peiffer
Albright,dennis J
Grant Deed
related
—
Oct 3, 2008
—
Arlene K Albright
Albright,dennis J
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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