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Property profile & analytics
OFF-MARKET
Office buildings
Main St Middletown, MD 21769
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1784223
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
BRICK
Total area
1,288 SF
Lot
0.13 ac (5,700 SF)
Zoning code
GC
APN
03-146421
UPID
US40-1784223
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
MICHAEL GREGORY CURREY
MICHAEL GREGORY CURREY
Zoning & alternative use
GC · Middletown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is intended to provide areas for generalcommercialactivities thatservicethe needs of the entire community and the surrounding area, the uses permitted in this district are of such character as to provide for comparative shopping needs,serviceand repair needs, office uses, specializedcommercialand entertainment activities and those establishme…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
38.32 ac
Source
Realmo
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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,708
Tax year 2023
Assessed value
$189,900
Assessed 2023
Previous assessed
$188,667
+0.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$64,100
Assessed improvement
$125,800
Land market value
$64,100
Improvement market value
$125,800
Total market value
$189,900
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
1,288 SF
Lot
0.13 ac (5,700 SF)
Zoning code
GC
APN
03-146421
UPID
US40-1784223
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
GC · Middletown, MDZoning GC · permitted uses
GC · Middletown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is intended to provide areas for generalcommercialactivities thatservicethe needs of the entire community and the surrounding area, the uses permitted in this district are of such character as to provide for comparative shopping needs,serviceand repair needs, office uses, specializedcommercialand entertainment activities and those establishments which cater primarily to the motoring public
Zone name
General Commercial
General category
COMMERCIAL
Zone area
38.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
MICHAEL GREGORY CURREY
Individual
Free & Clear · 0 yrs held
Mailing address
1512 MARKER RD, MIDDLETOWN, MD 21769-7235
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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