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Property profile & analytics
OFF-MARKET
Estimated value
$12,795,000
Auto shops
9 8th Ave Glen Burnie, MD 21061
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1348316
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1993
Construction
STEEL FRAME
Total area
33,562 SF
Lot
4.78 ac (208,217 SF)
Zoning code
C4
APN
05-000-16731200
UPID
US40-1348316
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.59M
Blend (final)
Blend
$12.80M
Owner & transaction history
Gramm Sb Properties LLC · 3 yrs held
Gramm Sb Properties LLC
since 2022
Last sale
$13.0M
2 recorded transactions
Zoning & alternative use
C4 · Glen Burnie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.3M
+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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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
$12,440,000
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
$14,275,000
Current use
RESTAURANT
$16,305,000
Change: +14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,060,000
Change: -1% · Conversion: Easy
RETAIL STORES
$13,910,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$12,290,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$12.80M
Range $11.52M – $14.07M · ±10% · vs last sale $12.98M (Dec 12 2022)
Last sale anchor
$12.98M
Dec 12 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
$381 / 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
$57,841
Tax year 2023
Assessed value
$5,296,800
Assessed 2023
Previous assessed
$5,244,200
+1.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$3,585,000
Improvement market value
$1,817,000
Total market value
$5,402,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
33,562 SF
Lot
4.78 ac (208,217 SF)
Zoning code
C4
APN
05-000-16731200
UPID
US40-1348316
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Glen Burnie, MD
Zoning C4 · permitted uses
C4 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$14.3M
RESTAURANT
Est. value
$16.3M
INDUSTRIAL (GENERAL)
Est. value
$14.1M
RETAIL STORES
Est. value
$13.9M
MEDICAL BUILDING
Est. value
$12.3M
AUTO REPAIR, GARAGE Current
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
1993
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
4.78 ac
Current owner
From public records · entity-resolved
Gramm Sb Properties LLC
Entity
Mailing address
7611 LOISDALE RD, SPRINGFIELD, VA 22150-2103
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$12,975,000
Gramm Sb Properties LLC
Weswesh LLC
Deed
$350,000,000 · Bmo Harris Bank NA
Jun 3, 2021
—
Weswesh LLC
William E Schuiling
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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