Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

38 Mechanic St N Cumberland, MD 21502

FOR SALE
Other specialty properties
Property ID
US40-0489859
13,860 SF 0.25 ac lot Built 1920
Last sale Dec 2013 · $80,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This 20,860-square-foot commercial building is located in Cumberland, Maryland, adjacent to the city’s downtown district. The property includes an on-site elevator and on-site parking, and its interior layout is configured to support adaptive reuse or continued commercial use. It previously operated with two full commercial kitchens, making it suitable for restaurant, hospitality, and event-driven uses, with additional flexibility for office, mixed-use, or redevelopment scenarios. The building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$130k
Assessed land$35k
Assessed improvement$95k
Effective rate0.93%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$285k
NOI build-up
Gross scheduled income$684k
Vacancy & credit loss−$78k
Operating expenses−$152k
NOI · 313.67% cap applied$455k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
313.67%
$455k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-CBD
B-CBD All permitted nonresidential uses 2,000 -- 20 -- -- -- -- -- 100 Single-family attached, detached, and two-family -- 1,600 16 -- --...
General categoryCIVIC_INSTITUTIONAL
JurisdictionALLEGANY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.1
Dry Cleaner9.1
Veterinary Clinic8.8

Location

38 Mechanic St N Cumberland, MD 21502
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 12 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
152 Mechanic, Cumberland, MD 21502-2316 $20,000 Nov 2024 1,856 SF
120 Fayette, Cumberland, MD 21502-2810 $140,000 Nov 2022 4,932 SF
217 Ctr, Cumberland, MD 21502-3869 $275,000 Mar 2021 23,676 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again