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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Investment properties
451 Baltimore St Taneytown, MD 21787-2364
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-2308464
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Construction
FRAME
Total area
3,858 SF
Lot
1.99 ac (86,684 SF)
Zoning code
GENER
APN
01-013386
UPID
US40-2308464
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
$615k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$630k
Owner & transaction history
Andrew L Glass · 7 yrs held
Andrew L Glass
since 2018
4 recorded transactions
Zoning & alternative use
GENER · Taneytown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$800,000
+76.0%
Auto repair, garage
$670,000
+47.2%
Office building
$630,000
+38.0%
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 Taneytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taneytown 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%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$455,000
Current use
RETAIL STORES
$800,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$670,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$450,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$163 / 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
$9,425
Tax year 2023
Assessed value
$628,300
Assessed 2023
Previous assessed
$619,000
+1.5% YoY
Effective rate
1.50%
On assessed value
Assessed land
$217,500
Assessed improvement
$410,800
Land market value
$217,500
Improvement market value
$410,800
Total market value
$628,300
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
2
Bathrooms
4
Total area
3,858 SF
Lot
1.99 ac (86,684 SF)
Zoning code
GENER
APN
01-013386
UPID
US40-2308464
Jurisdiction
CARROLL
Zoning & alternative use
GENER · Taneytown, MD
Zoning GENER · permitted uses
GENER · Taneytown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taneytown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$455,000
RETAIL STORES
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING
Est. value
$630,000
WAREHOUSE, STORAGE
Est. value
$450,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Bathrooms
4
Lot
1.99 ac
Current owner
From public records · entity-resolved
Andrew L Glass
Individual
Mailing address
451 E BALTIMORE ST, TANEYTOWN, MD 21787-2364
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2020
—
Andrew L Glass
—
Deed
related
$433,300 · Bay Capital Mortgage Corp
Aug 23, 2018
$631,250
Andrew L Glass
130 132 W Baltimotre LLC
Deed
$431,250 · Bay Capital Mortgage Corp
Jun 12, 2007
—
State Of Maryland
Glass,oliver L & Joanne L
Grant Deed
related
—
May 11, 2005
$100,000
13
Oliver L Glass
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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