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Financial
Distress signals
Property profile

12 Broad St Berlin, MD 21811

FOR SALE
Turn key restaurants
Property ID
US40-1544426
6,268 SF 0.1 ac lot Built 1910
Last sale Nov 2019 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in historic Berlin, Maryland, the property is improved and configured for restaurant use, with the premises historically operated as a restaurant by a tenant. The property has been under a triple-net (NNN) style lease structure, and the lease included renewal options and annual rent escalations. Detailed property specifications are not provided in the description.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$624k
Assessed land$190k
Assessed improvement$434k
Effective rate1.78%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile ser...
General categoryUNKNOWN
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
Convenience Store9.1
Furniture Store8.9

Location

12 Broad St Berlin, MD 21811
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3 Main, Berlin, MD 21811-1426 $1,170,000 Jan 2023 2,548 SF
115 Broad, Berlin, MD 21811-1015 $550,000 Dec 2022 4,743 SF
209 Washington, Berlin, MD 21811-1442 $26,778 May 2021 2,940 SF
8435 Stephen Decatur, Berlin, MD 21811-2664 $650,000 Dec 2020 2,590 SF
10019 Old Ocean City, Berlin, MD 21811-1142 $600,000 Nov 2020 3,020 SF
10 Main, Berlin, MD 21811-1472 $450,000 Nov 2019 3,916 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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