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Property profile & analytics
OFF-MARKET
Retail space
1607 Postal Rd Chester, MD 21619-2601
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-0056384
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
BRICK
Total area
896 SF
Lot
0.24 ac (10,530 SF)
Zoning code
TC
APN
04-057759
UPID
US40-0056384
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 Vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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
Mdbg LLC · 9 yrs held
Mdbg LLC
since 2017
5 recorded transactions
Zoning & alternative use
TC · Chester, 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 Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester 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
$2,529
Tax year 2023
Assessed value
$268,500
Assessed 2023
Previous assessed
$268,500
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$200,000
Assessed improvement
$68,500
Land market value
$200,000
Improvement market value
$68,500
Total market value
$268,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
896 SF
Lot
0.24 ac (10,530 SF)
Zoning code
TC
APN
04-057759
UPID
US40-0056384
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
TC · Chester, MDZoning TC · permitted uses
TC · Chester, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Mdbg LLC
Entity
Mailing address
1629 POSTAL RD, CHESTER, MD 21619-2601
Ownership since
2017
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 31, 2021
—
M D B G Lllc
—
Deed
related
$277,500 · The Queenstown Bank Of Maryland
Jun 6, 2017
$385,000
Mdbg LLC
Warner,paula A
Grant Deed
$308,000 · Shore United Bk
Oct 29, 2008
—
Paula A Warner
Haislip Robert L Trust
Quit Claim Deed
—
Aug 13, 2007
—
Robert L Haislip
Haislip,lynda D
Quit Claim Deed
related
—
Apr 25, 2006
—
Lynda D Haislip
Haislip,robert L & Lynda D
Quit Claim Deed
related
—
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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