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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Warehouses
1565 Flag Hbr Blvd, Saint Leonard, MD 20685
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0920092
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
BRICK
Total area
2,401 SF
Lot
7.26 ac (316,246 SF)
Zoning code
R-1
APN
01-040944
UPID
US40-0920092
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
-
Flag Harbor Yacht Haven Yacht Club
-
Flag Harbor Boatyard & Marina . Mercury Dealership Rv Storage Facility Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$835k
Owner & transaction history
Flag Harbor LLC · 4 yrs held
Flag Harbor LLC
since 2021
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
R-1 · Saint Leonard, 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 Saint Leonard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Leonard 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
$980,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$660,000
Current use
COMMERCIAL (GENERAL)
$590,000
Change: -10% · Conversion: Difficult
OFFICE BUILDING
$535,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $750k (Dec 7 2021)
Last sale anchor
$750k
Dec 7 2021
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
$348 / 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
$7,174
Tax year 2023
Assessed value
$690,500
Assessed 2023
Previous assessed
$688,233
+0.3% YoY
Effective rate
1.04%
On assessed value
Assessed land
$450,800
Assessed improvement
$239,700
Land market value
$450,800
Improvement market value
$239,700
Total market value
$690,500
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
Year built
1987
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,401 SF
Lot
7.26 ac (316,246 SF)
Zoning code
R-1
APN
01-040944
UPID
US40-0920092
Jurisdiction
CALVERT
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-1 · Saint Leonard, MD
Zoning R-1 · permitted uses
R-1 · Saint Leonard, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Leonard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$590,000
OFFICE BUILDING
Est. value
$535,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1987
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
7.26 ac
Current owner
From public records · entity-resolved
Flag Harbor LLC
Entity
Mailing address
1565 FLAG HBR BLVD, SAINT LEONARD, MD 20685
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$750,000
Flag Harbor LLC
John W Little
Deed
$550,000 · Flag Harbor Marine Services LLC
Aug 31, 2018
$100,000
Flag Harbor Condo Assn
Flag Harbor Boatyard LLC
Grant Deed
—
Aug 31, 2018
—
Flag Harbor Condo Assn INC
—
Deed
related
$50,000 · Flag Harbor Boat Yard LLC
May 7, 2018
—
Flag Harbor Boatyard LLC
Little,john W
Grant Deed
related
—
Aug 30, 2017
$490,000
John W Little
Flag Harbor Ptshp
Grant Deed
—
—
—
Flag Harbor Condo Assn INC
—
Deed Of Trust
related
$50,000 · Flag Harbor Boat Yard LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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