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    Property profile & analytics

    535 Old Westminster Pike Westminster, MD 21157-6267

    • Office Properties & Spaces
    • 26,607 SF
    • 2.51 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Jan 04, 2024
    $441,590
    Location Intelligence
    Property ID
    US40-0136970
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chrissy Redding REALTOR®| RE/MAX Advantage Realty / Real Estate Agent
    • Lee-Young Alfred W MD / Gastroenterologist
    • Maryland Vascular Specialists - Westminster / Surgical Center / Doctor
    • Chesapeake Podiatry / Podiatrist / Orthotics & Prosthetics Service
    • Jessica Fisher / Social Worker

    Property Details for 535 Old Westminster Pike

    Year built
    1948
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.51 lot acres
    Property size
    26,607 SF
    Zone code
    C-2
    Property type
    Office Properties & Spaces
    APN
    07-024304
    APU
    7024304

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $355,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $435,000
      Mixed-Use
      $345,000
      Hospitality
      $395,000
      Educational
      $350,000
      Residential Income
      $340,000
      Energy
      $365,000
      Income-Based Land
      $335,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9769
    Latitude
    39.5598
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,457
    $414,200
    $2,546,600
    $2,960,800
    -
    $414,200
    $2,546,600
    $2,960,800

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      419 Malcolm Dr Ste F

      CONDOMINIUM OFFICES • 0.02 Acres
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    • Value Estimation by Request
      0.02 Acres

      419 Malcolm Dr E E Ste

      CONDOMINIUM OFFICES • 0.02 Acres
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    • Value Estimation by Request
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      902 Washington Rd Ste B

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    • Value Estimation by Request
      1,128 SF

      686 Poole Rd Ste B

      CONDOMINIUM OFFICES • 1,128 SF
      686 Poole Rd Ste B, Westminster, MD 21157-6177
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    • Value Estimation by Request
      496 SF

      914 Washington Rd

      CONDOMINIUM OFFICES • 496 SF
      914 Washington Rd, Westminster, MD 21157-5844
      View Details

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    Westminster, MD 21157-6267
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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