Property profile

508 Necessity St Cumberland, MD 21502

OFF-MARKET
Warehouses
Property ID
US40-1268984
2,560 SF 0.06 ac lot Built 1950
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction BRICK
Total area 2,560 SF
Lot 0.06 ac (2,628 SF)
Zoning code I-C
APN 05-008468
UPID US40-1268984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

508 Necessity St Cumberland, MD 21502
Cumberland metro Census 1000 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2020
Last sale
$99,280
1 recorded transaction
2020
$99,280

Zoning & alternative use

I-C · Cumberland, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 508 Necessity St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message