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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Warehouses
325 Woodward Dr Westminster, MD 21157-4801
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1695182
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
BRICK
Total area
6,000 SF
Lot
4.3 ac (187,308 SF)
Zoning code
INDUS
APN
07-109024
UPID
US40-1695182
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
$465k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$755k
Owner & transaction history
Westminster Self Storage LLC · 3 yrs held
Westminster Self Storage LLC
since 2023
7 recorded transactions
Zoning & alternative use
INDUS · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+77.5%
Auto repair, garage
$1.0M
+48.5%
Industrial (general)
$970,000
+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 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
$465,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$700,000
Current use
RETAIL STORES
$1,245,000
Change: +77% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,045,000
Change: +48% · Conversion: Easy
INDUSTRIAL (GENERAL)
$970,000
Change: +38% · Conversion: Easy
OFFICE BUILDING
$875,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$126 / 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
$77,377
Tax year 2023
Assessed value
$4,578,500
Assessed 2023
Previous assessed
$4,578,500
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,873,000
Assessed improvement
$2,705,500
Land market value
$1,873,000
Improvement market value
$2,705,500
Total market value
$4,578,500
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
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
NONE
Buildings
8
Stories
1
Units
8
Total area
6,000 SF
Lot
4.3 ac (187,308 SF)
Zoning code
INDUS
APN
07-109024
UPID
US40-1695182
Jurisdiction
CARROLL
Zoning & alternative use
INDUS · Westminster, MDZoning INDUS · permitted uses
INDUS · Westminster, 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
$700,000
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$970,000
OFFICE BUILDING
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$610,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2000
Construction
BRICK
Heating
NONE
Stories
1
Buildings
8
Units
8
Lot
4.3 ac
Current owner
From public records · entity-resolved
Westminster Self Storage LLC
Entity
Mailing address
178 THOMAS JOHNSON DR STE 201ST FREDERICK
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Westminster Self Storage LLC
—
Deed
related
$6,270,000 · Dacotah Bank
Mar 8, 2023
—
Westminster Self Storage LLC
Woodward Road Solar LLC
Lease
—
Nov 10, 2020
—
Westiminster Slef Storage LLC
—
Deed
related
$2,100,000 · Tiaa Fsb Holdings INC
Sep 25, 2017
—
Westminster Self Storage LLC
—
Deed
related
$2,050,000 · First Cmnwlt Bk
Sep 12, 2007
—
Lesnel Realty Corp
Westminster Self Storage LLC
Grant Deed
related
—
Jul 8, 1999
$435,000
Westminster Self Storage LLC
Englar Business Park LP
Grant Deed
$357,399 · Seller
—
—
Westminster Self Storage LLC
—
Deed Of Trust
related
$850,000 · Westminster Union Bank
—
—
Westminster Self Storage LLC
—
Deed Of Trust
related
$2,050,000 · First Cmnwlt Bk
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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