Entity Owned Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1989
Construction
BRICK
Total area
61,350 SF
Lot
20 ac (871,200 SF)
Zoning code
B2
APN
01-205307
UPID
US40-1685254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.36M
Comparable Approach
Comparable
$21.47M
Blend (final)
Blend
$16.71M
Owner & transaction history
1 recorded transaction
Zoning & alternative use
B2 · Abingdon, MD
Top alternative use upside
Restaurant
$21.4M
+40.1%
Auto repair, garage
$19.2M
+25.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$16.71M
Value range
$15.04M – $18.38M
±10% around blend
Estimated value / SF
$272 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$15.04M
blend $16.71M
$18.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
61,350 SF
Lot area
20 ac
Year built
1989
Stories
1
APN
01-205307
Zoning
B2
Assessed value
$20,429,500
Annual tax
$222,661
3
Income approach: direct capitalization
Partial preview
Income approach indication
$13.36M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$14.47M
@ 6.5% CAP return
$13.36M
@ 7% CAP return
$12.41M
4
Sales comparison
Partial preview
Sales approach indication
$21.47M
Range $11.20M – $21.47M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$16.71M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 42 sales
$249
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $272/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+40%
vs current-use indication
Auto Repair, Garage
Retail Stores · current use
Commercial (general)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20.43M
Move the market yield to see immediate price impact.
Value / SF
$333
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.29M
$25.74M
$18.39M
$14.30M
$1.43M
$28.60M
$20.43M
$15.89M
$1.57M
$31.46M
$22.47M
$17.48M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$222,661
Tax year 2022
Assessed value
$20,429,500
Assessed 2023
Previous assessed
$20,429,500
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$11,855,000
Assessed improvement
$8,574,500
Land market value
$11,855,000
Improvement market value
$8,574,500
Total market value
$20,429,500
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
7
Total area
61,350 SF
Lot
20 ac (871,200 SF)
Zoning code
B2
APN
01-205307
UPID
US40-1685254
Jurisdiction
HARFORD
Zoning & alternative use
B2 · Abingdon, MDZoning B2 · permitted uses
B2 · Abingdon, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Units
7
Lot
20 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Abingdon, MD
Recorded code
B2
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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 Rte 24?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
