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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges
128 Karen Dr Rising Sun, MD 21911-2503
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-1433583
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1972
Construction
BRICK
Total area
5,742 SF
Lot
158.38 ac (6,899,033 SF)
Zoning code
RR
APN
09-007989
UPID
US40-1433583
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
-
Chesapeake Bay Golf Club Golf Course
-
Victory Golf Pass Golf Course
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
Rising Sun Golf LLC · 10 yrs held
Rising Sun Golf LLC
since 2015
5 recorded transactions
Zoning & alternative use
RR · Rising Sun, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rising Sun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rising Sun 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
$13,088
Tax year 2023
Assessed value
$1,179,667
Assessed 2023
Previous assessed
$1,010,200
+16.8% YoY
Effective rate
1.11%
On assessed value
Land market value
$633,500
Improvement market value
$885,100
Total market value
$1,518,600
Applied tax rate
9.0000
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
3
Bathrooms
3
Total area
5,742 SF
Lot
158.38 ac (6,899,033 SF)
Zoning code
RR
APN
09-007989
UPID
US40-1433583
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
RR · Rising Sun, MD
Zoning RR · permitted uses
RR · Rising Sun, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rising Sun. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
3
Lot
158.38 ac
Current owner
From public records · entity-resolved
Rising Sun Golf LLC
Entity
Free & Clear · 10 yrs held
Mailing address
39 OPEN MDW CT, ELKTON, MD 21921-7656
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2021
—
Rising Sun Golf LLC
—
Deed
related
$985,000 · Wilmington Savings Fund Society Fsb
Sep 3, 2015
$790,000
Rising Sun Golf LLC
Chesapeake Bay Golf Club West LP
Deed
—
Feb 27, 2001
$366,000
Bay Golf Club West Chesapeake
Chantilly Ciuntry Club Assoc
Grant Deed
$2,000,000 · Royal Bank Of Pennsylvania
—
—
Chesapeake Bay Golf Club
—
Deed Of Trust
related
$300,000 · Royal Bank America
—
—
Chesapeake Bay Golf Club LP
—
Deed Of Trust
related
$6,750,000 · Royal Bank America
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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