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Property profile & analytics
OFF-MARKET
Retail space
5 Main St, Thurmont, MD 21788-1825
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1021785
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1890
Construction
WOOD
Total area
600 SF
Lot
0.03 ac (1,320 SF)
Zoning code
TB
APN
15-336692
UPID
US40-1021785
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
by Request
Owner & transaction history
Arc Homes Realties LLC · 4 yrs held
Arc Homes Realties LLC
since 2022
4 recorded transactions
Zoning & alternative use
TB · Thurmont, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Thurmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thurmont 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
$1,035
Tax year 2023
Assessed value
$66,500
Assessed 2023
Previous assessed
$62,800
+5.9% YoY
Effective rate
1.56%
On assessed value
Assessed land
$22,200
Assessed improvement
$44,300
Land market value
$22,200
Improvement market value
$44,300
Total market value
$66,500
Applied tax rate
10.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
BASEBOARD
Stories
1
Units
1
Total area
600 SF
Lot
0.03 ac (1,320 SF)
Zoning code
TB
APN
15-336692
UPID
US40-1021785
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
TB · Thurmont, MD
Zoning TB · permitted uses
TB · Thurmont, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thurmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
WOOD
Heating
BASEBOARD
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Arc Homes Realties LLC
Entity
Mailing address
13703 HILLSIDE AVE, THURMONT, MD 21788-2150
Ownership since
2022
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 22, 2023
—
Arc Homes Realties LLC
—
Deed
related
$94,500 · Acnb Bank
Jan 3, 2022
$850,000
Arc Homes Realties LLC
Vicky J Bostian
Deed
$637,500 · Acnb Bank
Aug 13, 2018
$55,000
Jeremy Hahn
Williams,kenneth E
Grant Deed
—
Jun 22, 2018
—
Kenneth E Williams
Coffman Christine C
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.
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