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Property profile & analytics
OFF-MARKET Estimated value $2,490,000
Outlet malls

1 Chesapeake Avea Emmitsburg, MD 21727-9288

32,700 SF 1.33 ac lot Built 1944
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-1655105
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1944
Construction WOOD
Total area 32,700 SF
Lot 1.33 ac (58,125 SF)
Zoning code IP
APN 05-173760
UPID US40-1655105
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
$2.74M
Blend (final) Blend
$2.49M
Owner & transaction history
Antique Mall Corporation · 4 yrs held
Antique Mall Corporation
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
IP · Emmitsburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

IP Light industrial park; ORI Office research industrial; C-R Conservation/Recreation. (Prior code Art. XI (Art II � 1.0)) 17.08.020 Boundaries of districts. Unless otherwise indicated on the zoning district maps, the boundary lines of the districts shall follow lot lines, center lines of streets, alleys or such center lines extended, center lines of creeks…

Zone name Industrial Park
General category INDUSTRIAL
Zone area 81.76 ac
Source 2023 09 Zoning
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