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Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Outlet malls
71 Main St Lonaconing, MD 21539-1131
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0097277
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Total area
8,911 SF
Lot
1.13 ac (49,223 SF)
APN
10-005582
UPID
US40-0097277
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
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.05M
Owner & transaction history
Safari Properties LLC · 4 yrs held
Safari Properties LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
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 Lonaconing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lonaconing 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
$1,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10% · vs last sale $2.13M (May 26 2022)
Last sale anchor
$2.13M
May 26 2022
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
$229 / 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
$27,379
Tax year 2023
Assessed value
$1,835,933
Assessed 2023
Previous assessed
$1,739,700
+5.5% YoY
Effective rate
1.49%
On assessed value
Land market value
$247,600
Improvement market value
$1,780,800
Total market value
$2,028,400
Applied tax rate
202.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
8,911 SF
Lot
1.13 ac (49,223 SF)
APN
10-005582
UPID
US40-0097277
Jurisdiction
ALLEGANY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
1.13 ac
Current owner
From public records · entity-resolved
Safari Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
70 E LONG LK RD, BLOOMFIELD HILLS, MI 48304-2356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
$2,131,695
Safari Properties LLC
Wmdg Properties LLC
Special Warranty Deed
—
Dec 29, 2017
$1,765,000
Wmdg Properties LLC
Mbrg-smithsburg LLC
Grant Deed
—
Mar 29, 2017
—
Mbrg-smithburg LLC
—
Deed
related
$1,406,000 · Grant Cnty Bk
Sep 12, 2016
—
Mbrg-smithsburg LLC
—
Trustees Deed
related
$250,000 · Pearl Brittain INC
Mar 2, 2016
$250,000
Mbrg-smithsburg LLC
Fisher,lee C & Jean L
Grant Deed
—
Sep 4, 2003
$127,000
Lee C Fisher
Livengood,john W & Paula J
Grant Deed
—
—
—
Jean L Fisher
—
Deed Of Trust
related
$115,000 · Manufacturers & Traders Tr
—
—
Lee C Fisher
—
Deed Of Trust
related
$39,900 · Manufacturers Traders & Trust
—
—
Mbrg-smithburg LLC
—
Deed Of Trust
related
$1,406,000 · Grant Cnty Bk
—
—
Lee C Fisher
—
Deed Of Trust
related
$65,000 · Suntrust Mortgage INC
—
—
Lee C Fisher
—
Deed Of Trust
related
$75,000 · Manufacturers Traders & Trust
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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