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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Assisted living facilities
505 High Acre Dr Westminster, MD 21157-6569
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1318854
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2006
Total area
39,338 SF
Lot
6.31 ac (274,733 SF)
Zoning code
R-100
APN
07-145454
UPID
US40-1318854
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
-
Brightview Westminster Ridge - Senior Independent Living, Assisted Living, Memory Care Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Nh Bv Westminster Ridge Landlord Ll · 1 yrs held
Nh Bv Westminster Ridge Landlord Ll
since 2025
7 recorded transactions
Zoning & alternative use
R-100 · Westminster, 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 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
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$24 / 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
$400,396
Tax year 2023
Assessed value
$23,692,100
Assessed 2023
Previous assessed
$23,568,600
+0.5% YoY
Effective rate
1.69%
On assessed value
Assessed land
$2,323,900
Assessed improvement
$21,368,200
Land market value
$2,323,900
Improvement market value
$21,368,200
Total market value
$23,692,100
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
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Stories
4
Units
162
Total area
39,338 SF
Lot
6.31 ac (274,733 SF)
Zoning code
R-100
APN
07-145454
UPID
US40-1318854
Jurisdiction
CARROLL
Zoning & alternative use
R-100 · Westminster, MD
Zoning R-100 · permitted uses
R-100 · 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.
Building & site characteristics
From public records
Year built
2006
Heating
HEAT PUMP
Stories
4
Units
162
Lot
6.31 ac
Current owner
From public records · entity-resolved
Nh Bv Westminster Ridge Landlord Ll
Individual
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2025
$47,464,000
Nh Bv Westminster Ridge Landlord Ll
Bh Brightview Westminster Ridge LLC
Special Warranty Deed
$47,464,000 · Jll Real Estate Capital LLC
Sep 12, 2014
$22,076,287
Bh Brightview Westminster Ridge LLC
Shp III Westminster LLC
Special Warranty Deed
—
Jan 23, 2008
$24,066,000
Shp III Westminster LLC
Brightview Of Westminster LLC
Grant Deed
$20,908,374 · Capmark Bank
Nov 29, 2004
$2,000,000
Brightview Of Westminster LLC
Westminster Dev Assoc LLC
Grant Deed
related
$18,630,000 · Mercantile-safe Deposit & Trus
Jul 20, 2004
—
County Commissioners Of Carroll Cou
Westminster Dev Associates LLC
Grant Deed
related
—
Oct 5, 2001
$1,187,770
Westminster Development Assoc
Industrial Dev Authority Md
Grant Deed
$1,068,996 · Industrial Dev Authority Md
—
—
Westminster Development Associ
—
Deed Of Trust
related
$694,847 · Univest National Bank & Tr Co
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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