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    Property profile & analytics

    1195 Jacob Tome Memorial Hwy Port Deposit, MD 21904-1686

    • Turn key restaurants
    • 4,098 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $795,000
    Last Sale
    Mar 26, 2020
    $850,000
    Location Intelligence
    Property ID
    US40-1303935
    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

    • Old South Smoke House / Barbecue Restaurant / Hamburger Restaurant

    Property Details for 1195 Jacob Tome Memorial Hwy

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.46 lot acres
    Property size
    4,098 SF
    Zone code
    BG
    Property type
    Turn key restaurants
    APN
    07-000391
    APU
    7000391

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $690,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $895,000
      7%
      $800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $805,000
      Geo Method
      $950,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $985,000
      Retail
      $885,000
      Mixed-Use
      $880,000
      Hospitality
      $740,000
      Educational
      $955,000
      Residential Income
      $820,000
      Energy
      $1,025,000
      Income-Based Land
      $905,000
      Food Service
      $995,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Deposit
    County
    Cecil
    State
    Maryland
    Longitude
    -76.077
    Latitude
    39.634
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-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
    $6,967
    $231,900
    $393,500
    $625,400
    -
    $231,900
    $393,500
    $625,400

    Comparable in this City

    • Value Estimation by Request
      5,230 SF

      600 Rowland Dr

      RESTAURANT • 5,230 SF
      600 Rowland Dr, Port Deposit, MD 21904-1139
      View Details
    • Value Estimation
      $710,000
      1,392 SF

      1203 Jacob Tome Memorial Hwy

      RESTAURANT • 1,392 SF
      1203 Jacob Tome Memorial Hwy, Port Deposit, MD 21904-1630
      View Details
    • Value Estimation by Request
      1,530 SF

      35 Main St

      Restaurants • 1,530 SF
      35 Main St, Port Deposit, MD 21904
      View Details
    • Value Estimation
      $220,000
      1,024 SF

      1282 Susquehanna Riv Rd

      BAR, TAVERN • 1,024 SF
      1282 Susquehanna Riv Rd, Port Deposit, MD 21904-1032
      View Details
    • Value Estimation
      $335,000
      4,957 SF

      958 Craigtown Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,957 SF
      958 Craigtown Rd, Port Deposit, MD 21904-1654
      View Details
    • Value Estimation by Request
      9,440 SF

      255 Linton Run Rd

      AUTO REPAIR, GARAGE • 9,440 SF
      255 Linton Run Rd, Port Deposit, MD 21904-1647
      View Details

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      Residential land with paid water and sewer fees in Maryland.
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    Similar Nearby for Lease

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    Port Deposit, MD 21904-1686
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    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
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