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Property profile & analytics
OFF-MARKET
Restaurants
2821 Millington Rd 1 Millington, MD 21651-1431
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-2033545
Property summary
AI-generated overview
Located at 2821 Millington Road, Millington, MD 21651, this commercial property features a 2,576 sq. ft. free-standing building on a 0.14-acre corner lot. The space was formerly used as a pizzeria and is configured in a way suitable for a small restaurant, deli, or convenience store, and presents redevelopment potential. Situated in a visible location with a high daily drive-by count, the property benefits from its proximity to major routes such as MD-313 and MD-291, offering access to nearby towns and cities. Millington is known for its small-town charm and is surrounded by local attractions such as the Chester River and several parks.
Property profile
Verified
Property type
Restaurants
Use group
RESTAURANT
Year built
1940
Construction
BRICK
Total area
2,576 SF
Lot
0.14 ac (6,316 SF)
Zoning code
VC
APN
07-000103
UPID
US40-2033545
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
Kristen R Griffiths · 18 yrs held
Kristen R Griffiths
since 2008
2 recorded transactions
Zoning & alternative use
VC · Millington, 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 Millington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millington 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
$1,700
Tax year 2023
Assessed value
$180,467
Assessed 2023
Previous assessed
$180,100
+0.2% YoY
Effective rate
0.94%
On assessed value
Land market value
$70,000
Improvement market value
$111,200
Total market value
$181,200
Applied tax rate
7.0000
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
Restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,576 SF
Lot
0.14 ac (6,316 SF)
Zoning code
VC
APN
07-000103
UPID
US40-2033545
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
VC · Millington, MD
Zoning VC · permitted uses
VC · Millington, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kristen R Griffiths
Individual
Mailing address
1822 MULFORD AVE, BRONX, NY 10461-4269
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2008
$180,000
Kristen R Griffiths
Difranco,cirino
Grant Deed
$160,000 · Cirino Difranco
Sep 1, 2005
$80,000
Cirino Difranco
Kennedy,bart L & Debra L
Grant Deed
—
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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