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Property profile & analytics
OFF-MARKET
Estimated value
$5,635,000
Grocery and convenience stores
520 Baltimore St Taneytown, MD 21787-2407
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1351359
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,950 SF
Lot
8.17 ac (355,885 SF)
Zoning code
GENER
APN
01-025260
UPID
US40-1351359
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
-
Fortune star 520 Restaurant
-
American Dream Corporation Restaurant
-
McDonald's Restaurant Take-out & Catering
-
Tony's Cafe Restaurant
-
Taneytown Medical Lab Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.87M
Comparable Approach
Comparable
$7.56M
Blend (final)
Blend
$5.64M
Owner & transaction history
Conewago Contractors INC · 6 yrs held
Conewago Contractors INC
since 2019
4 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%
$6,355,000
6.5%
$5,870,000
7%
$5,450,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,600,000
Current use
AUTO REPAIR, GARAGE
$4,685,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.64M
Range $5.07M – $6.20M · ±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
$209 / 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
$82,544
Tax year 2023
Assessed value
$5,502,900
Assessed 2023
Previous assessed
$5,253,333
+4.8% YoY
Effective rate
1.50%
On assessed value
Assessed land
$1,942,500
Assessed improvement
$3,560,400
Land market value
$1,942,500
Improvement market value
$3,560,400
Total market value
$5,502,900
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
5
Total area
26,950 SF
Lot
8.17 ac (355,885 SF)
Zoning code
GENER
APN
01-025260
UPID
US40-1351359
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
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.7M
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
8.17 ac
Current owner
From public records · entity-resolved
Conewago Contractors INC
Entity
Mailing address
610 EDGEGROVE RD, HANOVER, PA 17331-8928
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2019
—
Conewago Contractors INC
—
Loan Modification
related
$5,000,000 · Branch Bk&tr
Nov 15, 2016
—
27 Railroad Avenue LLC
—
Loan Modification
related
$110,000,000 · Manufacturers & Traders Tr
—
—
27 Railroad Avenue LLC
—
Loan Modification
related
$110,000 · Manufacturers & Traders Tr
—
—
Conewago Contractors INC
—
Deed Of Trust
related
$5,000,000 · Susquehanna 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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