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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Turn key restaurants
480 Mdw Crk Dr, Westminster, MD 21158-4445
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1944247
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2010
Total area
6,750 SF
Lot
1 ac (43,647 SF)
Zoning code
NC
APN
07-431512
UPID
US40-1944247
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
-
Dental Care of Westminster Dental Office
-
Vipul Subramanian, DDS Dental Office
-
Illiano's J&P Westminster Restaurant
-
Umar H. Mian, DDS Dental Office
-
Macks & Macks Inc Land Surveyor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$615k
Owner & transaction history
Sang Oh & Co INC · 8 yrs held
Sang Oh & Co INC
since 2018
2 recorded transactions
Zoning & alternative use
NC · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$915,000
+46.3%
Medical building
$835,000
+33.4%
Commercial (general)
$810,000
+29.3%
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$625,000
Current use
OFFICE BUILDING
$915,000
Change: +46% · Conversion: Moderate
MEDICAL BUILDING
$835,000
Change: +33% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$605,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$560,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$550,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$91 / 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
$42,951
Tax year 2023
Assessed value
$2,541,500
Assessed 2023
Previous assessed
$2,178,433
+16.7% YoY
Effective rate
1.69%
On assessed value
Assessed land
$436,200
Assessed improvement
$2,105,300
Land market value
$436,200
Improvement market value
$2,105,300
Total market value
$2,541,500
Applied tax rate
71.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2010
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,750 SF
Lot
1 ac (43,647 SF)
Zoning code
NC
APN
07-431512
UPID
US40-1944247
Jurisdiction
CARROLL
Zoning & alternative use
NC · Westminster, MD
Zoning NC · permitted uses
NC · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westminster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$625,000
OFFICE BUILDING
Est. value
$915,000
MEDICAL BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$605,000
INDUSTRIAL (GENERAL)
Est. value
$560,000
RETAIL STORES
Est. value
$550,000
RESTAURANT Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2010
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Sang Oh & Co INC
Entity
Mailing address
11111 DEVEREUX STA LN, FAIRFAX STATION, VA 22039-2339
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
$13,250,000
Sang Oh & Co INC
Verris Meadow Crk Phase I Lsp
Grant Deed
$6,625,000 · John Marshall Bk
Sep 28, 2016
—
Lsp Verris Meadow Creek Ph I L
—
Grant Deed
related
$8,000,000 · Privatebank & Tr
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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