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Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Warehouses
717 Wedeman Ave, Linthicum Hts, MD 21090-1415
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1500349
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
BRICK
Total area
22,050 SF
Lot
1 ac (43,560 SF)
Zoning code
W2
APN
05-000-01434600
UPID
US40-1500349
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
-
Form Services, Inc. Building Supply Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.24M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$2.89M
Owner & transaction history
Ce Ventures LLC · 3 yrs held
Ce Ventures LLC
since 2023
Last sale
$2.8M
2 recorded transactions
Zoning & alternative use
W2 · Linthicum Hts, 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 Linthicum Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linthicum Hts 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
$3,350,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,420,000
6.5%
$2,235,000
7%
$2,075,000
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±10% · vs last sale $2.75M (Jan 20 2023)
Last sale anchor
$2.75M
Jan 20 2023
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
$131 / 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
$11,413
Tax year 2023
Assessed value
$1,045,167
Assessed 2023
Previous assessed
$1,016,300
+2.8% YoY
Effective rate
1.09%
On assessed value
Land market value
$280,000
Improvement market value
$822,900
Total market value
$1,102,900
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
22,050 SF
Lot
1 ac (43,560 SF)
Zoning code
W2
APN
05-000-01434600
UPID
US40-1500349
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W2 · Linthicum Hts, MD
Zoning W2 · permitted uses
W2 · Linthicum Hts, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linthicum Hts. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ce Ventures LLC
Entity
Mailing address
17815 AUBURN VLG DR, SANDY SPRING, MD 20860-1030
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2023
$2,750,000
Ce Ventures LLC
Form Services INC
Deed
$2,200,000 · Provident State Bank INC
Jul 3, 1998
$800,000
Form Services INC
Boldt,louis L
Grant Deed
—
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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