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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
Gorman Rd Laurel, MD 20723
Entity Owned
16-yr Hold
Free & Clear
Property ID
US40-1670223
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Construction
BRICK
Total area
4,542 SF
Lot
2.38 ac (103,729 SF)
Zoning code
M1
APN
06-539904
UPID
US40-1670223
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
-
Gorman Farms CSA - Distribution Center Food Processing Plant
-
Columbia Horse Center Kennel & Boarding Facility Animal Training
-
Golden Coast Restaurant
-
Dr. William A. Warren, MD Physician
-
Stanlion Clothing Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gty Md Leasing INC · 16 yrs held
Gty Md Leasing INC
since 2009
3 recorded transactions
Zoning & alternative use
M1 · Laurel, 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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,937
Tax year 2022
Assessed value
$3,254,300
Assessed 2023
Previous assessed
$3,280,400
-0.8% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,802,900
Assessed improvement
$1,451,400
Land market value
$1,802,900
Improvement market value
$1,451,400
Total market value
$3,254,300
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
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
CONVENIENCE STORE
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
4,542 SF
Lot
2.38 ac (103,729 SF)
Zoning code
M1
APN
06-539904
UPID
US40-1670223
Jurisdiction
HOWARD
Zoning & alternative use
M1 · Laurel, MDZoning M1 · permitted uses
M1 · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
2.38 ac
Current owner
From public records · entity-resolved
Gty Md Leasing INC
Entity
Free & Clear · 16 yrs held
Mailing address
292 MADISON AVE FL, NEW YORK, NY 10017-6307
Ownership since
2009
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
Sep 25, 2009
$1,808,000
Gty Md Leasing INC
White Oak Petroleum LLC
Grant Deed
—
Aug 29, 2000
$1,593,552
Exxon Mobil Corp
Davco Restaurants INC
Grant Deed
—
—
—
Gty Md Leasing INC
—
Deed Of Trust
related
$25,000 · Td Bank NA
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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