Property profile

915 Bishop Walsh Rd Cumberland, MD 21502

OFF-MARKET
Medical Office Space
Property ID
US40-1023136
14,136 SF 0.57 ac lot Built 1984
Entity Owned 16-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,136 SF
Lot 0.57 ac (24,857 SF)
Zoning code R-O
APN 06-002447
UPID US40-1023136

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Medical Clinic
  • Foster Care Service Social Service Agency
  • Pediatrician Medical Clinic

Location

915 Bishop Walsh Rd Cumberland, MD 21502-1850
Cumberland metro Census 1200 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2010
1 recorded transaction
2010
$800,000

Zoning & alternative use

R-O · Cumberland, MD
Zoning description

R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04…

General category MIXED_USE
Top alternative use upside
Retail stores $1.5M +22.7%
Office building $1.4M +12.0%
Commercial (general) $1.4M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 915 Bishop Walsh Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message