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Property profile & analytics
OFF-MARKET
Estimated value
$3,605,000
Industrial properties
11561 Longwoods Rd Easton, MD 21601-6141
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-1448578
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
BRICK
Total area
34,700 SF
Lot
12.97 ac (564,973 SF)
APN
04-150503
UPID
US40-1448578
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
-
Easton Timber & Mat Mill Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.61M
Owner & transaction history
Easton Properties LLC · 3 yrs held
Easton Properties LLC
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.0M
+128.2%
Retail stores
$3.9M
+75.4%
Auto repair, garage
$2.6M
+15.5%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
$3,550,000
ML approach
$3,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,210,000
Current use
COMMERCIAL (GENERAL)
$5,045,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$3,875,000
Change: +75% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,555,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$3.61M
Range $3.24M – $3.97M · ±10% · vs last sale $3.60M (Nov 7 2022)
Last sale anchor
$3.60M
Nov 7 2022
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
$104 / 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
$9,125
Tax year 2023
Assessed value
$1,066,700
Assessed 2023
Previous assessed
$1,066,700
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$129,900
Assessed improvement
$936,800
Land market value
$129,900
Improvement market value
$936,800
Total market value
$1,066,700
Applied tax rate
4.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
34,700 SF
Lot
12.97 ac (564,973 SF)
APN
04-150503
UPID
US40-1448578
Jurisdiction
TALBOT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$5.0M
RETAIL STORES
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
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
1999
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
12.97 ac
Current owner
From public records · entity-resolved
Easton Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9245 OLD CHURCH RD, NEW KENT, VA 23124-2921
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
$3,600,000
Easton Properties LLC
Johnson Lumber Properties LLC
Deed
—
Nov 7, 2022
—
Easton Properties INC
—
Deed
related
$5,833,600 · Primis Bank
Oct 20, 2022
—
Alan F Johnson
Frances R W Johnson
Correction Deed
related
—
Oct 4, 2022
—
Alan F Johnson
Frances R W Johnson
Intrafamily Transfer
related
—
Feb 5, 2020
—
Johnson,frances R W Trust
—
Deed
related
$1,787,000 · Shore United Bk
Dec 17, 2014
—
Fred H Johnson
Johnson Fred H Trust
Quit Claim Deed
related
—
—
—
Johnson Lumber Co INC
—
Deed Of Trust
related
$750,000 · Talbot Bank Of Easton
—
—
Johnson Lumber Co INC
—
Deed Of Trust
related
$1,130,000 · Talbot Bk/easton
—
—
Johnson,frances R W Trust
—
Loan Modification
related
$1,787,000 · Shore United Bk
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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