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Property profile & analytics
OFF-MARKET
Warehouses
1101 Main St Crisfield, MD 21817-1010
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-1333669
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
3,300 SF
Lot
0.14 ac (6,150 SF)
Zoning code
C-2
APN
07-125313
UPID
US40-1333669
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
-
Somerset County Arts Council Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pine Street Realty LLC · 1 yrs held
Pine Street Realty LLC
since 2024
7 recorded transactions
Zoning & alternative use
C-2 · Crisfield, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-2 zone is to provide for general commercial activities that will accommodate a wide range of business pursuits, retail sales and office and service activities to meet the needs of the citizens of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
52.13 ac
Source
Realmo
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 Crisfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crisfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,178
Tax year 2023
Assessed value
$195,867
Assessed 2023
Previous assessed
$195,400
+0.2% YoY
Effective rate
1.11%
On assessed value
Land market value
$78,600
Improvement market value
$118,200
Total market value
$196,800
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
FORCED AIR
Buildings
2
Stories
2
Units
2
Total area
3,300 SF
Lot
0.14 ac (6,150 SF)
Zoning code
C-2
APN
07-125313
UPID
US40-1333669
Jurisdiction
SOMERSET
Zoning & alternative use
C-2 · Crisfield, MDZoning C-2 · permitted uses
C-2 · Crisfield, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-2 zone is to provide for general commercial activities that will accommodate a wide range of business pursuits, retail sales and office and service activities to meet the needs of the citizens of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
52.13 ac
Source
Realmo
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
2
Buildings
2
Units
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Pine Street Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 509, CRISFIELD, MD 21817-0509
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
$150,000
Pine Street Realty LLC
John W Tawes
Deed
—
Apr 5, 2023
—
John Willard Tawes
Jaybird Properties LLC
Deed
—
May 22, 2020
—
Jaybird Properties LLC
John W Tawes
Grant Deed
—
Nov 25, 2019
—
John W Tawes
—
Deed
related
$10,000 · City/crisfield
Apr 5, 2019
$150,000
John W Tawes
Tawes,george D
Grant Deed
related
$120,000 · George D Tawes
Oct 26, 2010
—
George D Tawes
J P Tawes & Brothers Hardware
Quit Claim Deed
related
—
—
—
John W Tawes
—
Deed Of Trust
related
$10,000 · City/crisfield
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.
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