New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Warehouses
10200 Worton Rd, Chestertown, MD 21620-3545
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0926047
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
BRICK
Total area
19,990 SF
Lot
31.23 ac (1,360,379 SF)
Zoning code
I
APN
03-027937
UPID
US40-0926047
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
Current use
Occupant on record · Public records
-
Crea Fill Fibers Corporation Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.84M
Owner & transaction history
Creafill Fibers Corp · 7 yrs held
Creafill Fibers Corp
since 2019
3 recorded transactions
Zoning & alternative use
I · Chestertown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+201.3%
Restaurant
$2.7M
+164.9%
Commercial (general)
$2.3M
+128.5%
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 Chestertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestertown 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,045,000
Change: +201% · Conversion: Difficult
RESTAURANT
$2,675,000
Change: +165% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,310,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$1,825,000
Change: +80% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,370,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
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
$51,940
Tax year 2023
Assessed value
$4,905,100
Assessed 2023
Previous assessed
$4,621,000
+6.1% YoY
Effective rate
1.06%
On assessed value
Land market value
$545,100
Improvement market value
$4,928,200
Total market value
$5,473,300
Applied tax rate
3.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
BRICK
Heating
NONE
Buildings
6
Stories
1
Units
6
Total area
19,990 SF
Lot
31.23 ac (1,360,379 SF)
Zoning code
I
APN
03-027937
UPID
US40-0926047
Jurisdiction
KENT
Zoning & alternative use
I · Chestertown, MD
Zoning I · permitted uses
I · Chestertown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.0M
RESTAURANT
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
BRICK
Heating
NONE
Stories
1
Buildings
6
Units
6
Lot
31.23 ac
Current owner
From public records · entity-resolved
Creafill Fibers Corp
Entity
Mailing address
10200 WORTON RD, CHESTERTOWN, MD 21620-3545
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2019
—
Creafill Fibers Corp
—
Deed
related
$3,050,000 · Pnc Bank NA
—
—
Creafill Fibers Corp
—
Deed Of Trust
related
$1,780,721 · Pnc Bank
—
—
Creafill Fibers Corp
—
Loan Modification
related
$1,420,436 · Pnc Bank
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.
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 10200 Worton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
