New search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Warehouses
36 Pennsylvania Ave, Walkersville, MD 21793-8505
Entity Owned
8-yr Hold
Free & Clear
Property ID
US40-1269610
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
BRICK
Total area
14,240 SF
Lot
1.98 ac (86,249 SF)
Zoning code
IP
APN
26-493919
UPID
US40-1269610
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
-
Hercules Louvers General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$925k
Owner & transaction history
Hci Associates LLC · 8 yrs held
Hci Associates LLC
since 2018
7 recorded transactions
Zoning & alternative use
IP · Walkersville, 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 Walkersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walkersville 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
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$65 / 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
$15,548
Tax year 2023
Assessed value
$1,089,800
Assessed 2023
Previous assessed
$1,044,600
+4.3% YoY
Effective rate
1.43%
On assessed value
Land market value
$388,100
Improvement market value
$792,100
Total market value
$1,180,200
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1990
Construction
BRICK
Heating
NONE
Buildings
3
Stories
1
Units
4
Total area
14,240 SF
Lot
1.98 ac (86,249 SF)
Zoning code
IP
APN
26-493919
UPID
US40-1269610
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IP · Walkersville, MD
Zoning IP · permitted uses
IP · Walkersville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Walkersville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
NONE
Stories
1
Buildings
3
Units
4
Lot
1.98 ac
Current owner
From public records · entity-resolved
Hci Associates LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1526 EARLY ST, NORFOLK, VA 23502-1604
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
$1,150,000
Hci Associates LLC
S & V Ptshp
Grant Deed
—
May 16, 2017
—
Hci Associates LLC
—
Deed
related
$1,036,000 · Pnc Bk
May 8, 2017
—
Hci Associates LLC
—
Deed
related
$936,000 · Pnc Bk
May 25, 2005
$1,150,000
Hci Associates, LLC
S & V Partnership
Deed
$900,000 · Virginia Banking Corp
Jul 30, 2002
$600,000
S Ptshp
Cargill INC
Grant Deed
$400,000 · Allfirst Bank
—
—
Hci Associates LLC
—
Loan Modification
related
$1,050,000 · Branch Banking & Trust Co
—
—
Hci Associates LLC
—
Deed Of Trust
related
$936,000 · Pnc Bk
—
—
Hci Associates LLC
—
Deed Of Trust
related
$1,036,000 · Pnc Bk
—
—
Hci Associates LLC
—
Deed Of Trust
related
$300,000 · Branch Banking & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 36 Pennsylvania Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
