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Property profile & analytics
OFF-MARKET
Retail residential properties
4 Frederick Rd Funkstown, MD 21734
Individually Owned
18-yr Hold
Free & Clear
Property ID
US40-0088884
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1850
Construction
FRAME
Total area
1,264 SF
Lot
0.1 ac (4,560 SF)
Zoning code
TR
APN
10-004926
UPID
US40-0088884
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
-
Guten Tag (Bike/Boat/Book/etc) 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
Rusell U Neff · 18 yrs held
Rusell U Neff
since 2008
5 recorded transactions
Zoning & alternative use
TR · Funkstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for somewhat higher densities than the Suburban Residential District, In the Town Residential District, centralized water and sewerage facilities exist, and future development of this type can safely proceed, The Town Residential District is intended to recognize existing Town development and its logical extension, it accommodates a va…
Zone name
Town Residential District
General category
COMMERCIAL
Zone area
102.39 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 Funkstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Funkstown 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
$968
Tax year 2023
Assessed value
$105,833
Assessed 2023
Previous assessed
$103,767
+2.0% YoY
Effective rate
0.91%
On assessed value
Land market value
$45,600
Improvement market value
$62,300
Total market value
$107,900
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1850
Construction
FRAME
Heating
SPACE
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
1,264 SF
Lot
0.1 ac (4,560 SF)
Zoning code
TR
APN
10-004926
UPID
US40-0088884
Jurisdiction
WASHINGTON
Zoning & alternative use
TR · Funkstown, MDZoning TR · permitted uses
TR · Funkstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for somewhat higher densities than the Suburban Residential District, In the Town Residential District, centralized water and sewerage facilities exist, and future development of this type can safely proceed, The Town Residential District is intended to recognize existing Town development and its logical extension, it accommodates a variety of residential uses, plus limited convenience retail commercial uses desirable to serve only residential areas
Zone name
Town Residential District
General category
COMMERCIAL
Zone area
102.39 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Rusell U Neff
Individual
Free & Clear · 18 yrs held
Mailing address
21421 RIDENOUR RD, BOONSBORO, MD 21713-1522
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2008
$81,000
Rusell U Neff
Pittsnogle,tarynn M
Grant Deed
—
Aug 6, 2003
$74,000
Tarynn M Pattsnogle
Rivera,samantha L
Grant Deed
$73,257 · Wells Fargo Home Mortgage INC
Oct 16, 2000
$60,000
Samantha Mccauley
Nave,james A & Elizabeth A
Grant Deed
related
$59,676 · First Pacific Financial
Apr 14, 2000
$30,000
James A Nave
Ethel J Davis Estate
Grant Deed
$24,000 · Huntington Mortgage
—
—
Samantha L Mccauley
—
Deed Of Trust
related
$59,675 · Abn Amro Mortgage Group INC
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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