Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Grocery and convenience stores
419 Virginia Ave Cumberland, MD 21502
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-1317280
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Total area
4,108 SF
Lot
0.98 ac (42,737 SF)
Zoning code
B-L
APN
04-042379
UPID
US40-1317280
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Srs Property Management LLC · 10 yrs held
Srs Property Management LLC
since 2015
1 recorded transaction
Zoning & alternative use
B-L · Cumberland, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
d, except pursuant to Section 2.02.02 of this Ordinance. USE REGULATIONS TABLE Key: P Permitted Use C Conditional Use P* Permitted only within cluster developments (pursuant to Section 9) USE DESCRIPTION R-E R-S R-U R-O B-L B-H B-CBD B-C I-G G-C G-I Residential Single-family detached dwellings P P P P C P P Single-family attached dwellings P* P* P P P P P Tw…
Zone name
Local Business
General category
COMMERCIAL
Zone area
148.36 ac
Source
SECTION 6
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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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
RETAIL STORES
$600,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$595,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$214 / 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
$11,341
Tax year 2023
Assessed value
$1,219,100
Assessed 2023
Previous assessed
$1,172,933
+3.9% YoY
Effective rate
0.93%
On assessed value
Assessed land
$246,600
Assessed improvement
$972,500
Land market value
$246,600
Improvement market value
$972,500
Total market value
$1,219,100
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2011
Heating
HEAT PUMP
Stories
1
Units
1
Total area
4,108 SF
Lot
0.98 ac (42,737 SF)
Zoning code
B-L
APN
04-042379
UPID
US40-1317280
Jurisdiction
ALLEGANY
Zoning & alternative use
B-L · Cumberland, MDZoning B-L · permitted uses
B-L · Cumberland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
d, except pursuant to Section 2.02.02 of this Ordinance. USE REGULATIONS TABLE Key: P Permitted Use C Conditional Use P* Permitted only within cluster developments (pursuant to Section 9) USE DESCRIPTION R-E R-S R-U R-O B-L B-H B-CBD B-C I-G G-C G-I Residential Single-family detached dwellings P P P P C P P Single-family attached dwellings P* P* P P P P P Two-family dwellings P* P* P P P P P Low-rise apartments P* P* P P P P P Mid-rise apa
Zone name
Local Business
General category
COMMERCIAL
Zone area
148.36 ac
Source
SECTION 6
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$595,000
RETAIL STORES
COMMERCIAL (GENERAL)
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
2011
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Srs Property Management LLC
Entity
Free & Clear · 10 yrs held
Mailing address
5700 6TH AVE, ALTOONA, PA 16602-1111
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2015
—
Srs Property Management LLC
Sheetz,stanton R
Grant Deed
related
—
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 419 Virginia 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.
