Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    100 Piney Narrows Rd Chester, MD 21619-2439

    • Warehouses
    • 40,500 SF
    • 6.47 lot acres
    OFF-MARKET
    Value Estimations
    $3,945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0980752
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kent Narrows Public Boat Ramp / Boat Ramp
    • Brooke and June Bridal / Clothing & Fashion Store
    • Janet Powers, Realtor / Real Estate Agency
    • Kent Narrows Boatel / Marina / Boat Storage Facility
    • Swan Cove Spa and Salon / Hair Salon / Nail Salon

    Property Details for 100 Piney Narrows Rd

    Year built
    2018
    Lot size
    6.47 lot acres
    Property size
    40,500 SF
    Zone code
    WVC
    Property type
    Warehouses
    APN
    04-044371
    APU
    4044371

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,445,000
      6.5%
      $4,105,000
      7%
      $3,810,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,385,000
      Current use
      AUTO REPAIR, GARAGE
      $5,870,000
      Change: +34% Conversion: Easy
      RETAIL STORES
      $5,840,000
      Change: +33% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $3,955,000
      Change: -10% Conversion: Easy
      RESTAURANT
      $3,610,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.2495
    Latitude
    38.9727
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $95,657
    $2,543,200
    $7,611,500
    $10,154,700
    -
    $2,543,200
    $7,611,500
    $10,154,700

    Comparable in this City

    • Value Estimation by Request
      3,489 SF

      1811 Little Crk Rd

      WAREHOUSE, STORAGE • 3,489 SF
      1811 Little Crk Rd, Chester, MD 21619-2701
      View Details
    • Value Estimation by Request
      2,160 SF

      1729 Little Crk Rd

      WAREHOUSE, STORAGE • 2,160 SF
      1729 Little Crk Rd, Chester, MD 21619-2741
      View Details
    • Value Estimation by Request
      3,000 SF

      2315 Main St

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      2315 Main St, Chester, MD 21619-2764
      View Details
    • Value Estimation by Request
      2,652 SF

      1500 Postal Rd

      WAREHOUSE, STORAGE • 2,652 SF
      1500 Postal Rd, Chester, MD 21619-2258
      View Details
    • Value Estimation by Request
      3,156 SF

      1807 Crab Aly Dr

      WAREHOUSE, STORAGE • 3,156 SF
      1807 Crab Aly Dr, Chester, MD 21619-2757
      View Details
    • Value Estimation by Request
      2,800 SF

      1721 Little Crk Rd

      WAREHOUSE, STORAGE • 2,800 SF
      1721 Little Crk Rd, Chester, MD 21619-2741
      View Details

    Similar Nearby for Sale

    • $175,000
      1.95 Acres

      High-Traffic Denton Industrial Lot

      Prime I2 Zoned Lot, High Visibility
      Shore Hwy, Denton, MD 21619
      View Details
    • $389,000

      Chester Specialty Property For Sale

      Specialty property available for purchase in Chester, Maryland.
      2653 Cox Neck Rd, Chester, MD 21619
      View Details
    • Contact for pricing

      Queen Anne's County Land Opportunity

      0.17-acre lot with existing structure in Chester, Maryland.
      1405 Little Creek Rd, Chester, MD 21619
      View Details
    • $869,900

      Chester Specialty Property For Sale

      Specialty property available for purchase in Chester, Maryland.
      527 Warbler Way, Chester, MD 21619
      View Details
    • $275,000
      0.68 Acres

      Waterfront Lot on Cox Creek

      Waterfront lot to build your dream home on Kent Island.
      Parks Rd, Chester, MD 21619
      View Details
    • $454,900

      Chester Specialty Property for Sale

      Specialty property available for purchase in Chester, Maryland.
      1401 Calvert Rd, Chester, MD 21619
      View Details

    Similar Nearby for Lease

    • $1,550 /Mo
      33,541 SF

      Visible Retail/Office Space in Chester

      Highly visible, flexible retail/office space with easy access and parking.
      107 Chester Station Ln, Chester, MD 21619
      View Details
    • Contact for pricing
      4,000 SF

      Community Retail & Service Center

      Mixed-use development in Chester, Maryland with retail and residential.
      2126-2142 Didonato Dr, Chester, MD 21619
      View Details
    • Contact for pricing

      Freestanding Building with Drive-Thru

      11,200 SF building with drive-thru, accessible from Route 50.
      1720 Main St, Chester, MD 21619
      View Details
    • Contact for pricing
      4,000 SF

      Mixed-Use Development in Chester, Maryland

      Mixed-use center with retail, office, and residential units.
      110 S Piney Rd, Chester, MD 21619
      View Details
    • $500 /Mo

      Renovated Suites in Prime Location

      Freshly renovated business suites with utilities included in prime location.
      2201 Main St, Chester, MD 21619
      View Details
    • $500 /Mo

      Renovated Business Suites For Rent

      Newly renovated business suites available for rent in prime location.
      2201 Main St, Chester, MD 21619
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Piney Narrows Rd
    Chester, MD 21619-2439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!