Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    107 Hissey Rd Grasonville, MD 21638-1012

    • Warehouses
    • 10,192 SF
    • 7.16 lot acres
    OFF-MARKET
    Value Estimation
    $1,105,000
    Last Sale
    Apr 06, 2020
    $1,100,000
    Location Intelligence
    Property ID
    US40-1155338
    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

    • JPN Self Storage / Storage Facility
    • U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service

    Property Details for 107 Hissey Rd

    Year built
    1985
    Construction
    BRICK
    Lot size
    7.16 lot acres
    Property size
    10,192 SF
    Zone code
    UC
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    05-011809
    APU
    5011809

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $1,115,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $940,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,055,000
      Retail
      $1,085,000
      Mixed-Use
      $1,030,000
      Hospitality
      $945,000
      Educational
      $940,000
      Residential Income
      $890,000
      Energy
      $1,050,000
      Income-Based Land
      $870,000
      Food Service
      $1,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Grasonville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.1948
    Latitude
    38.966
    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
    $12,047
    $0.00
    $0.00
    $1,278,833
    -
    $1,179,100
    $159,600
    $1,338,700

    Comparable in this City

    • Value Estimation by Request
      45,960 SF

      461 Pullman Xing Rd

      MINI-WAREHOUSE, STORAGE • 45,960 SF
      461 Pullman Xing Rd, Grasonville, MD 21638-1305
      View Details
    • Value Estimation
      $6,050,000
      1,488 SF

      3420 Main St

      WAREHOUSE, STORAGE • 1,488 SF
      3420 Main St, Grasonville, MD 21638-1032
      View Details
    • Value Estimation
      $100,000
      9,800 SF

      202 Vfw Ave

      WAREHOUSE, STORAGE • 9,800 SF
      202 Vfw Ave, Grasonville, MD 21638-1055
      View Details
    • Value Estimation
      $2,150,000
      8,000 SF

      400 Drummer Dr

      WAREHOUSE, STORAGE • 8,000 SF
      400 Drummer Dr, Grasonville, MD 21638-1205
      View Details
    • Value Estimation by Request
      1,606 SF

      3227 Main St

      WAREHOUSE, STORAGE • 1,606 SF
      3227 Main St, Grasonville, MD 21638-1030
      View Details
    • Value Estimation
      $655,000
      2,343 SF

      405 Winchester Crk Rd

      WAREHOUSE, STORAGE • 2,343 SF
      405 Winchester Crk Rd, Grasonville, MD 21638-1061
      View Details

    Similar Nearby for Sale

    • $100,000
      374 SF

      Grasonville Marina Slips: Prime Location

      Two boat slips, Chesapeake Bay access.
      Unit SLIPS 3& Wells Cove Rd, Grasonville, MD 21638
      View Details
    • $50,000
      374 SF

      Grasonville Marina Slip: Prime Location

      Chesapeake Bay access, affordable slip.
      Wl Cv Rd Unit, Grasonville, MD 21638
      View Details
    • $125,000
      0.39 Acres

      High-Visibility Grasonville Commercial Lot

      Prime location, high traffic, .39 acres.
      124 Hess Frontage Rd, Grasonville, MD 21638
      View Details
    • $405,000

      Grasonville Specialty Property for Sale

      Specialty property available in Grasonville, Maryland for $405,000.
      1109 Grasonville Cemetery Rd, Grasonville, MD 21638
      View Details
    • $475,000
      20.53 Acres

      20.53 Acre Commercial Land Parcel

      Commercial land parcel in Grasonville, MD with sewer allocation.
      Vfw Ave, Grasonville, MD 21638
      View Details
    • Contact for pricing
      0.71 Acres

      405 Winchester Creek Rd, Grasonville, MD 21638

      Retail properties • 0.71 Acres
      405 Winchester Creek Rd, Grasonville, MD 21638
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo

      Route 50 Commercial Property

      Office, warehouse, and manufacturing buildings on busy Route 50.
      301 Saddler Rd, Grasonville, MD 21638
      View Details
    • $135,000

      Grasonville Gateway Medical Center Land

      4.638 acre commercial land for lease in Grasonville, MD.
      Nesbit Rd And Main St, Grasonville, MD 21638
      View Details
    • $295 SF/Yr

      Kent Narrows Private Office Space

      Professional office space with water views, utilities included.
      3200 Main St, Grasonville, MD 21638
      View Details
    • $18 SF/Yr
      91,476 SF

      Versatile Commercial Space in Grasonville

      Prime commercial space with open floor plan, ideal for retail/office.
      115 Pullman Crossing Rd, Grasonville, MD 21638
      View Details
    • $1,175,000

      Grasonville Land for Lease

      4.638 acre commercial land parcel in Grasonville, Maryland.
      Main St, Grasonville, MD 21638
      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.
    107 Hissey Rd
    Grasonville, MD 21638-1012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.