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Property profile & analytics
OFF-MARKET
Estimated value
$6,550,000
Turn key restaurants
3538 Urbana Pike Frederick, MD 21704-7742
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2242005
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Total area
2,162 SF
Lot
2.3 ac (100,188 SF)
Zoning code
VC
APN
07-194536
UPID
US40-2242005
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
-
Pumpernickel + Rye Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.55M
Owner & transaction history
Krishnas Casa Bella LLC · 2 yrs held
Krishnas Casa Bella LLC
since 2024
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
VC · Frederick, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick 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
$6,550,000
ML approach
$6,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.55M
Range $5.90M – $7.21M · ±10% · vs last sale $6.55M (Apr 25 2024)
Last sale anchor
$6.55M
Apr 25 2024
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
$3,030 / 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
$59,626
Tax year 2023
Assessed value
$5,018,933
Assessed 2023
Previous assessed
$5,018,933
+0.0% YoY
Effective rate
1.19%
On assessed value
Land market value
$723,000
Improvement market value
$4,342,800
Total market value
$5,065,800
Applied tax rate
7.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1910
Heating
YES
Cooling
YES
Buildings
5
Stories
2
Units
5
Bathrooms
2
Total area
2,162 SF
Lot
2.3 ac (100,188 SF)
Zoning code
VC
APN
07-194536
UPID
US40-2242005
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
VC · Frederick, MD
Zoning VC · permitted uses
VC · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
YES
Cooling
Yes
Stories
2
Buildings
5
Units
5
Bathrooms
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Krishnas Casa Bella LLC
Entity
Mailing address
10011 PICEA CT, NEW MARKET, MD 21774-2913
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
$6,550,000
Krishnas Casa Bella LLC
Casa Bella LLC
Deed
$4,912,500 · First National Bank Of Pennsylvania
Jul 3, 2019
—
Casa Bella LLC
—
Deed
related
$550,000 · Frederick County Bank
Apr 25, 2018
—
Casa Bella LLC
—
Deed
related
$1,000,000 · Frederick County Bank
Oct 23, 2017
—
Casa Bella LLC
—
Deed
related
$2,975,000 · Frederick County Bank
Jun 12, 2017
—
Casa Bella LLC
—
Deed
related
$26,250 · Frederick County Bank
May 10, 2017
—
Casa Bella LLC
—
Deed
related
$72,029 · Frederick County Bank
Mar 20, 2017
—
Casa Bella LLC
Casa Bella LLC
Quit Claim Deed
related
—
Jul 9, 2015
$399,000
Casa Bella LLC
Allstar Group LLC
Deed
$299,250 · Frederick County Bank
Jul 28, 2005
$479,000
Allstar Group LLC
Denney,michael J & Kia S
Grant Deed
$359,000 · Sandy Spring Bank
Jul 19, 2004
$254,000
Michael J Denney
Mccabe,peter J & Kristin K
Grant Deed
$228,600 · Express Capital Lending
—
—
Peter J Mccabe
—
Deed Of Trust
related
$116,000 · Nationsbanc Mortgage Corp
—
—
Peter J Mccabe
—
Deed Of Trust
related
$12,500 · Nationsbank
—
—
Casa Bella LLC
—
Deed Of Trust
related
$72,029 · Frederick Cnty 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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