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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Industrial properties
418 Main St, Bel Air, MD 21014-3509
Entity Owned
Free & Clear
Property ID
US40-0595239
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1930
Construction
BRICK
Total area
4,120 SF
Lot
1.18 ac (51,400 SF)
Zoning code
M1
APN
03-024156
UPID
US40-0595239
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
-
Independent Brewing Company Production Facility Brewery & Distillery
-
WORKPERX Insurance Agency
-
WORKPERX Employee Insurance Insurance Agency
-
Seling and Associates Accounting Firm
-
Donald Fleming Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$515k
Owner & transaction history
North Main Lineage LLC
North Main Lineage LLC
since 2026
6 recorded transactions
Zoning & alternative use
M1 · Bel Air, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$710,000
+164.5%
Retail stores
$610,000
+128.2%
Auto repair, garage
$540,000
+101.8%
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 Bel Air submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bel Air 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$710,000
Change: +164% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +128% · Conversion: Moderate
AUTO REPAIR, GARAGE
$540,000
Change: +102% · Conversion: Easy
WAREHOUSE, STORAGE
$350,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$125 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,951
Tax year 2022
Assessed value
$849,300
Assessed 2023
Previous assessed
$834,000
+1.8% YoY
Effective rate
0.94%
On assessed value
Land market value
$555,500
Improvement market value
$324,400
Total market value
$879,900
Applied tax rate
300.0000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
SPACE
Buildings
2
Stories
2
Units
2
Total area
4,120 SF
Lot
1.18 ac (51,400 SF)
Zoning code
M1
APN
03-024156
UPID
US40-0595239
Jurisdiction
HARFORD
Zoning & alternative use
M1 · Bel Air, MD
Zoning M1 · permitted uses
M1 · Bel Air, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bel Air. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$710,000
RETAIL STORES
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$540,000
WAREHOUSE, STORAGE
Est. value
$350,000
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1930
Construction
BRICK
Heating
SPACE
Stories
2
Buildings
2
Units
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
North Main Lineage LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1720 RUSSETT CT, FOREST HILL, MD 21050-2322
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
North Main Lineage LLC
Leeann Mccomas
Deed
—
Feb 22, 2019
—
Maryland Dept Of Transportatio
Harford Cnty Of Md
Quit Claim Deed
related
—
Sep 5, 2018
$9,850
Harford Cnty Of Md
Mccomas,william A JR & Leeann
Grant Deed
—
Jun 8, 2018
—
418 S Main St LLC
—
Deed
related
$239,986 · First National Bank Of Pennsylvania
Mar 27, 2014
—
William A Mccomas JR.
Mccomas,william A JR
Quit Claim Deed
related
—
May 11, 2007
—
William A Mccomas JR.
Mccomas,william A SR
Quit Claim Deed
—
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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