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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Retail space
508 Baltimore St, Taneytown, MD 21787-2410
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-2229311
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
6,820 SF
Lot
0.94 ac (40,750 SF)
Zoning code
GENER
APN
01-013637
UPID
US40-2229311
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
-
Advance Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$1.47M
Owner & transaction history
Ampt Investment & Co LLC · 6 yrs held
Ampt Investment & Co LLC
since 2019
7 recorded transactions
Zoning & alternative use
GENER · Taneytown, 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 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%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,415,000
Current use
AUTO REPAIR, GARAGE
$1,185,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±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
$215 / 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
$24,320
Tax year 2023
Assessed value
$1,621,300
Assessed 2023
Previous assessed
$1,621,300
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$416,800
Assessed improvement
$1,204,500
Land market value
$416,800
Improvement market value
$1,204,500
Total market value
$1,621,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
6,820 SF
Lot
0.94 ac (40,750 SF)
Zoning code
GENER
APN
01-013637
UPID
US40-2229311
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
RETAIL STORES Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Ampt Investment & Co LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6700 BROXBURN DR, BETHESDA, MD 20817-4712
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2019
$1,650,000
Ampt Investment & Co LLC
Broadway Medical Assocs INC
Grant Deed
—
Aug 29, 2016
—
Broadway Medical Associates In
Houlton Smith LLC
Grant Deed
—
Jun 10, 2016
—
Broadway Medical Associates INC
—
Deed
related
$1,400,000 · New Windsor State Bank
Feb 24, 2016
$2,000,000
Broadway Medical Assocs INC
Houlton Smith LLC
Grant Deed
—
Feb 5, 2007
—
Houlton Smith LLC
Smith,royd R & Beverly H
Quit Claim Deed
—
Aug 17, 2005
$2,065,290
Royd R Smith
B & P Properties
Grant Deed
—
Feb 20, 2004
$585,000
B Properties
N & S Taneytown LLC
Grant Deed
$1,207,500 · Suntrust Bank NA
Mar 30, 1999
—
Department Of Transportation
N & S Taneytown LLC
Grant Deed
related
—
Aug 26, 1998
$335,000
N & S Taneytown LLC
Miller,james A
Grant Deed
$340,000 · Franchaise Acceptance Corp
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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