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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Hospitals
899 Cecil S Ave, Millersville, MD 21108-2111
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-0782137
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1978
Construction
BRICK
Total area
28,277 SF
Lot
4.95 ac (215,622 SF)
Zoning code
R1
APN
04-000-03330800
UPID
US40-0782137
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
-
Frank Weiger Physician
-
Karen Martz Physician
-
Sara Martin Physician
-
Katherine Mills Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.00M
Owner & transaction history
899 Cecil Ave Maryland LLC · 2 yrs held
899 Cecil Ave Maryland LLC
since 2024
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
R1 · Millersville, 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 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Mar 1 2024)
Last sale anchor
$1.00M
Mar 1 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
$35 / 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
$7,839
Tax year 2023
Assessed value
$717,900
Assessed 2023
Previous assessed
$717,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$544,500
Improvement market value
$486,000
Total market value
$1,030,500
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1978
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
97
Total area
28,277 SF
Lot
4.95 ac (215,622 SF)
Zoning code
R1
APN
04-000-03330800
UPID
US40-0782137
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R1 · Millersville, MD
Zoning R1 · permitted uses
R1 · 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.
Building & site characteristics
From public records
Year built
1978
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
97
Lot
4.95 ac
Current owner
From public records · entity-resolved
899 Cecil Ave Maryland LLC
Entity
Free & Clear · 2 yrs held
Mailing address
850 TOWBIN AVE, LAKEWOOD, NJ 08701-5928
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
$1,000,000
899 Cecil Ave Maryland LLC
Cecil Avenue Building LLC
Special Warranty Deed
—
Dec 22, 2016
$450,000
Cecil Avenue Building Llcc
Knollwood Manor INC
Grant Deed
—
Aug 1, 2007
—
Knollwood Manor INC
—
Deed Of Trust
related
$1,500,000,000 · General Electric Capital Corp
Apr 11, 2005
—
Knollwood Manor INC
—
Deed Of Trust
related
$260,000,000 · Wachovia Bank NA
Nov 28, 2001
$3,181,880
Knollwood Manor INC
International Health Care Prop
Grant Deed
$3,764,880 · First Union National Bank Ttee
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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