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Financial
Distress signals
Property profile

206 Cannon St Chestertown, MD 21620

OFF-MARKET
Retail space
Property ID
US40-2239354
1,588 SF 1.56 ac lot Built 1900
Last sale Jan 2026 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a development site in historic downtown Chestertown, consisting of approximately 1.56 acres of land. The zoning is C-2, with the parcel split so that half is zoned R1 and half is zoned R5. Permitted uses include multiple-family dwellings and townhouses, as well as professional and business offices and non-profit museums (among other uses). The site includes one warehouse building and provides frontage on three streets. It is located a few blocks from the Chester River waterfront and near parks, shops, restaurants, galleries, and Washington College.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$550k
Assessed land$507k
Assessed improvement$43k
Effective rate1.56%

Value estimate

· Oct 2026
$790k
$711k – $869k
AI approach$895k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose of C-2 zone is to support mixed use uses that contain an active non-residential ground floor encompassing the retail, service...
General categoryMIXED_USE
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.2
Parking Facility9.4
HVAC Service9.3

Location

206 Cannon St Chestertown, MD 21620
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7306 Church Hl, Chestertown, MD 21620-2806 $160,000 Nov 2023 2,484 SF
611 Washington, Chestertown, MD 21620-1219 $462,220 Mar 2022 1,908 SF
513 Washington, Chestertown, MD 21620-1217 $1,210,000 Nov 2020 1,232 SF
805 High, Chestertown, MD 21620-1184 $225,000 Oct 2019 1,484 SF
6342 Church Hl, Chestertown, MD 21620-2385 $400,000 Feb 2019 2,205 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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