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Property profile & analytics
OFF-MARKET
Assisted living facilities

106 Charles St Sudlersville, MD 21668-1520

5,239 SF 0.69 ac lot Built 1961
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-0050265
Property summary
AI-generated overview

This exceptional 6,279 square foot property at 106 Charles Street, Sudlersville, MD, presents a unique investment opportunity. Recently approved for use as an 8-bed treatment center, the building previously operated as a 16-bed assisted living facility (ALF). The property boasts 12 bedrooms, three full bathrooms, and two half bathrooms, ensuring ample space and comfort for residents. A spacious commercial kitchen and a dedicated recreation room provide ideal areas for communal activities and gatherings. A significant advantage is the inclusion of a separate two-bedroom apartment complete with a full kitchen and bathroom, perfect for on-site staff, a caregiver's residence, or additional private suites. Outdoor space is provided by a large deck, while the basement offers substantial storage capacity. Safety is prioritized with a built-in indoor fire suppression system (sprinklers). The property also includes a spacious parking lot with capacity for numerous vehicles. Situated on a 0.69-acre lot, this property is offered at $550,000. Prospective buyers are responsible for conducting their own feasibility study to determine suitability for their intended use.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1961
Total area 5,239 SF
Lot 0.69 ac (30,045 SF)
Zoning code TTA
APN 01-000330
UPID US40-0050265
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
106 Charles St Certificates LLC · 4 yrs held
106 Charles St Certificates LLC
since 2022
Last sale
$288,000
3 recorded transactions
2022
$288,000
2006
$310,000
2002
$152,500
Zoning & alternative use
TTA · Sudlersville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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