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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Warehouses
Conowingo Rd, Rising Sun, MD 21911
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-1704580
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
9,000 SF
Lot
14.84 ac (646,430 SF)
Zoning code
BG
APN
06-043798
UPID
US40-1704580
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
$1.28M
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.31M
Owner & transaction history
Rising Sun Mini Storage LLC · 6 yrs held
Rising Sun Mini Storage LLC
since 2020
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
BG · Rising Sun, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+70.1%
Retail stores
$1.7M
+66.7%
Commercial (general)
$1.1M
+11.0%
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 Rising Sun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rising Sun 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
$1,350,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,025,000
Current use
OFFICE BUILDING
$1,745,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$1,710,000
Change: +67% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,140,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.30M (Feb 14 2020)
Last sale anchor
$1.30M
Feb 14 2020
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
$145 / 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
$13,715
Tax year 2023
Assessed value
$1,236,400
Assessed 2023
Previous assessed
$1,300,000
-4.9% YoY
Effective rate
1.11%
On assessed value
Assessed land
$580,600
Assessed improvement
$655,800
Land market value
$580,600
Improvement market value
$655,800
Total market value
$1,236,400
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
NONE
Buildings
2
Stories
1
Units
136
Total area
9,000 SF
Lot
14.84 ac (646,430 SF)
Zoning code
BG
APN
06-043798
UPID
US40-1704580
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
BG · Rising Sun, MD
Zoning BG · permitted uses
BG · Rising Sun, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rising Sun. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2021
Heating
NONE
Stories
1
Buildings
2
Units
136
Lot
14.84 ac
Current owner
From public records · entity-resolved
Rising Sun Mini Storage LLC
Entity
Mailing address
316 E MAIN ST, RISING SUN, MD 21911-1999
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2020
$1,300,000
Rising Sun Mini Storage LLC
Sylmar One LLC
Deed
$2,000,000 · Atlantic Union Bank
Oct 26, 2011
$478,434
Sylmar One LLC
Montgomery,jewelyne
Grant Deed
$1,250,000 · Cecil Fsb
Apr 18, 2000
—
Gpd Properties Ltd
Montgomery,harold & Jewelyne
Grant Deed
related
—
—
—
Harold Montgomery SR.
—
Deed Of Trust
related
$890,000 · Cecil Federal Bank
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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