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Property profile & analytics
OFF-MARKET
Investment properties
51 Franklin St Hagerstown, MD 21740-4914
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-0536487
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1891
Construction
BRICK
Total area
4,176 SF
Lot
0.19 ac (8,289 SF)
Zoning code
CCMU
APN
22-001434
UPID
US40-0536487
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
Charles Marto · 3 yrs held
Charles Marto
since 2023
Last sale
$270,000
7 recorded transactions
Zoning & alternative use
CCMU · Hagerstown, 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 Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown 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
$1,836
Tax year 2023
Assessed value
$200,633
Assessed 2023
Previous assessed
$200,500
+0.1% YoY
Effective rate
0.92%
On assessed value
Land market value
$53,200
Improvement market value
$147,700
Total market value
$200,900
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1891
Construction
BRICK
Heating
STEAM
Stories
3
Units
4
Total area
4,176 SF
Lot
0.19 ac (8,289 SF)
Zoning code
CCMU
APN
22-001434
UPID
US40-0536487
Jurisdiction
WASHINGTON
Zoning & alternative use
CCMU · Hagerstown, MD
Zoning CCMU · permitted uses
CCMU · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1891
Construction
BRICK
Heating
STEAM
Stories
3
Units
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Charles Marto
Individual
Free & Clear · 3 yrs held
Mailing address
1181 TODT HL RD, STATEN ISLAND, NY 10304-1325
Ownership since
2023
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
Feb 27, 2023
$270,000
Charles Marto
Deborah L Arends
Deed
—
Oct 27, 2021
$900,000
664 Oak Hill LLC
The Bryan Centre LLC
Deed
$720,000 · Patriot FCU
May 14, 2020
—
The Bryan Center LLC
—
Deed
related
$650,000 · Cnb Bank INC
Dec 19, 2019
—
Deborah L Arends
Ramon J Arends JR
Intrafamily Transfer
related
$180,000 · Cnb Bank INC
Mar 25, 2019
$435,000
Bryan Centre LLC
Bryan Properties LLC
Deed
$650,000 · Cnb Bank INC
Dec 1, 2015
$205,000
Ramon J Arends JR
A Lauren Baer
Deed
$164,000 · Cnb Bank INC
May 28, 2004
$208,200
A Lauren Baer
Spickler,douglas E
Grant Deed
$166,400 · Hagerstown Trust Co
Mar 28, 2000
—
Douglas E Spickler
Sullivan,joyce B
Grant Deed
related
—
—
—
Douglas E Spickler
—
Deed Of Trust
related
$50,000 · Waypoint Bank
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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