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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Auto shops
8796 Veterans Hwy, Millersville, MD 21108-2045
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0112242
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2008
Total area
6,234 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C4
APN
04-000-90035490
UPID
US40-0112242
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
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.98M
Owner & transaction history
Ce Journey LLC · 1 yrs held
Ce Journey LLC
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
C4 · Millersville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.1M
+17.7%
Restaurant
$3.0M
+14.2%
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 Millersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millersville 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
AUTO REPAIR, GARAGE
$2,650,000
Current use
OFFICE BUILDING
$3,120,000
Change: +18% · Conversion: Difficult
RESTAURANT
$3,030,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,610,000
Change: -1% · Conversion: Easy
RETAIL STORES
$2,585,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$2,285,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $2.17M (May 7 2024)
Last sale anchor
$2.17M
May 7 2024
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
$317 / 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
$11,972
Tax year 2023
Assessed value
$1,096,367
Assessed 2023
Previous assessed
$1,074,500
+2.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$569,800
Improvement market value
$570,300
Total market value
$1,140,100
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,234 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C4
APN
04-000-90035490
UPID
US40-0112242
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Millersville, MD
Zoning C4 · permitted uses
C4 · Millersville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$3.1M
RESTAURANT
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Ce Journey LLC
Entity
Mailing address
115 S RIV CLUBHOUSE RD, HARWOOD, MD 20776-9530
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 7, 2024
$2,168,000
Ce Journey LLC
William B Mcadams
Deed
—
May 16, 2017
—
William B Mcadams
—
Deed
related
$1,200,000 · Severn Savings Bank Fsb
Nov 29, 2007
—
8796 Veterans Highway LLC
—
Trustees Deed
related
$254,500 · Severn Savings Bank Fsb
Jul 19, 2005
$650,000
William B Mcadams
W A Boehm Family
Grant Deed
$487,500 · Severn Savings Bank Fsb
Jul 12, 2004
$135,000
W A Boehm Family LP
Pioneer Contracting Co INC
Grant Deed
—
Aug 14, 2003
$89,000
Pioneer Contracting Co INC
State Highway Administration
Grant Deed
—
—
—
William B Mcadams
—
Deed Of Trust
related
$1,300,000 · Severn Savings Bank Fsb
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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