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Property profile & analytics
OFF-MARKET
Investment properties
1616 Postal Rd, Chester, MD 21619-2664
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US40-0051621
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Total area
2,818 SF
Lot
0.27 ac (11,617 SF)
Zoning code
TC
APN
04-117263
UPID
US40-0051621
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
-
Astech Security Inc Security Service
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
Steffanie Kelly · 12 yrs held
Steffanie Kelly
since 2014
4 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
$3,468
Tax year 2023
Assessed value
$368,200
Assessed 2023
Previous assessed
$360,133
+2.2% YoY
Effective rate
0.94%
On assessed value
Assessed land
$121,600
Assessed improvement
$246,600
Land market value
$121,600
Improvement market value
$246,600
Total market value
$368,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
1
Bathrooms
2
Total area
2,818 SF
Lot
0.27 ac (11,617 SF)
Zoning code
TC
APN
04-117263
UPID
US40-0051621
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
TC · Chester, MD
Zoning TC · permitted uses
TC · Chester, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
1
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Steffanie Kelly
Individual
Mailing address
1616 POSTAL RD, CHESTER, MD 21619-2664
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
—
Steffanie Kelly
—
Deed
related
$137,400 · State Employees Cu Of Maryland INC
Jun 24, 2014
$310,000
Steffanie Kelly
Nicholas W Miller
Deed
$294,500 · Sandy Spring Bank
Dec 30, 2005
$460,000
Nicholas W Miller
Mellynchuk,stephen & Ann E
Grant Deed
$368,000 · Dell Franklin Financial
Jun 17, 2004
$351,900
Stephen Mellynchuk
Sans Dev LLC
Grant Deed
$281,520 · Accredited Home Lenders
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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