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Property profile & analytics
OFF-MARKET
Estimated value
$12,185,000
Grocery and convenience stores
939 Beards Hl Rd Aberdeen, MD 21001-1734
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US40-1213349
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
BRICK
Total area
52,917 SF
Lot
17.61 ac (767,092 SF)
Zoning code
B3
APN
02-080753
UPID
US40-1213349
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
-
Mamie's Cafe Restaurant
-
Johnny's Poki Bowl Bar & Pub
-
Beard's Hill Barber-Styling Barber Shop
-
Vision Associates Physician
-
Tartan Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.53M
Comparable Approach
Comparable
$16.26M
Blend (final)
Blend
$12.19M
Owner & transaction history
Beards Hill Shopping Ctr LLC · 12 yrs held
Beards Hill Shopping Ctr LLC
since 2013
3 recorded transactions
Zoning & alternative use
B3 · Aberdeen, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.5M
+40.1%
Auto repair, garage
$16.5M
+25.3%
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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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%
$12,485,000
6.5%
$11,525,000
7%
$10,700,000
Alternative Use
Use
Estimation
RETAIL STORES
$13,195,000
Current use
RESTAURANT
$18,485,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$16,535,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,125,000
Change: -8% · Conversion: Easy
OFFICE BUILDING
$10,685,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$12.19M
Range $10.97M – $13.40M · ±10%
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
$230 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$79,918
Tax year 2022
Assessed value
$8,383,300
Assessed 2023
Previous assessed
$8,383,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$8,320,700
Assessed improvement
$62,600
Land market value
$8,320,700
Improvement market value
$62,600
Total market value
$8,383,300
Applied tax rate
200.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1986
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
3
Total area
52,917 SF
Lot
17.61 ac (767,092 SF)
Zoning code
B3
APN
02-080753
UPID
US40-1213349
Jurisdiction
HARFORD
Zoning & alternative use
B3 · Aberdeen, MD
Zoning B3 · permitted uses
B3 · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$13.2M
RESTAURANT
Est. value
$18.5M
AUTO REPAIR, GARAGE
Est. value
$16.5M
COMMERCIAL (GENERAL)
Est. value
$12.1M
OFFICE BUILDING
Est. value
$10.7M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE 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
1986
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
3
Lot
17.61 ac
Current owner
From public records · entity-resolved
Beards Hill Shopping Ctr LLC
Entity
Mailing address
60 WW ST STE #204, ANNAPOLIS, MD 21401-2480
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2013
—
Beards Hill Shopping Ctr LLC
Colgate Investments LLC
Grant Deed
—
—
—
Harikrishna Donuts INC
—
Deed Of Trust
related
$500,000 · Bay First Bank NA
—
—
Colgate Investments LLP
—
Deed Of Trust
related
$7,900,000 · Prudential Mortgage Capital Co
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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