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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Investment properties
515 Poplar St Cambridge, MD 21613-1833
Entity Owned
16-yr Hold
Free & Clear
Property ID
US40-0103859
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
FRAME
Total area
5,226 SF
Lot
0.09 ac (3,816 SF)
Zoning code
C-2
APN
07-149522
UPID
US40-0103859
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
-
Cutting Edge Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$696k
Blend (final)
Blend
$820k
Owner & transaction history
515 Poplar Street LLC · 16 yrs held
515 Poplar Street LLC
since 2010
7 recorded transactions
Zoning & alternative use
C-2 · Cambridge, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$760,000
+38.7%
Warehouse, storage
$590,000
+7.4%
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$550,000
Current use
OFFICE BUILDING
$760,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$590,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$157 / 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
$4,959
Tax year 2023
Assessed value
$268,300
Assessed 2023
Previous assessed
$262,900
+2.1% YoY
Effective rate
1.85%
On assessed value
Land market value
$38,100
Improvement market value
$241,000
Total market value
$279,100
Applied tax rate
3.0000
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
1920
Construction
FRAME
Heating
HOT WATER
Stories
2
Units
1
Total area
5,226 SF
Lot
0.09 ac (3,816 SF)
Zoning code
C-2
APN
07-149522
UPID
US40-0103859
Jurisdiction
DORCHESTER
Zoning & alternative use
C-2 · Cambridge, MD
Zoning C-2 · permitted uses
C-2 · Cambridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$550,000
OFFICE BUILDING
Est. value
$760,000
WAREHOUSE, STORAGE
Est. value
$590,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1920
Construction
FRAME
Heating
HOT WATER
Stories
2
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
515 Poplar Street LLC
Entity
Free & Clear · 16 yrs held
Mailing address
515 POPLAR ST, CAMBRIDGE, MD 21613-1833
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
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
May 7, 2019
—
515 Poplar Street LLC
—
Deed
related
$350,000 · Provident State Bank INC
Feb 5, 2010
—
515 Poplar Street LLC
Scott,jeffrey G
Grant Deed
related
—
Jan 15, 2010
—
Jeffrey G Scott
Hamilton,jeffrey R
Grant Deed
related
—
Nov 13, 2007
—
Jeffrey R Hamilton
Hamilton,jeffrey R
Quit Claim Deed
related
$275,000 · Hebron Savings Bank
Mar 4, 2004
$285,000
Jeffrey R Hamilton
Littleton,william H & Ann R
Grant Deed
$228,000 · Provident State Bank INC
May 20, 2002
$100,000
William H Littleton
Brannock,terry L
Grant Deed
$156,000 · Provident State Bank INC
—
—
505 Poplar Street LLC
—
Deed Of Trust
related
$350,000 · Private Individual
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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