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Property profile & analytics
OFF-MARKET Estimated value $985,000
Outlet malls

171 Main St Cecilton, MD 21913-1142

7,360 SF 0.54 ac lot Built 1969
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US40-1796971
Property summary
AI-generated overview

This Cecilton, MD property offers three warehouse buildings totaling 25,200 square feet for lease. The buildings are currently undergoing renovations to increase space and add amenities, including 3-phase electric power. Building 2, at 7,200 square feet, can be divided into two to four bays. Building 3, also 7,200 square feet, features overhead doors at each end. A third building in the rear offers approximately 10,800 square feet with multiple garage bays. The minimum leasable space is 1,800 square feet, with the maximum contiguous space being the entire 25,200 square feet. The property is zoned TC and located in Cecil County, Maryland, offering convenient access to major transportation routes. It's situated just 10 miles from Middletown, DE, 5 miles from Route 301, and 15 miles from Route 40. Tenants are responsible for interior build-outs. The property consists of three separate buildings, with a total of four suites available. The entire 25,200 square feet is currently vacant.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1969
Construction BRICK
Total area 7,360 SF
Lot 0.54 ac (23,390 SF)
Zoning code TC
APN 01-001671
UPID US40-1796971
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
  • UPS Authorized Shipping Provider Courier Service Postal Service
  • Mackies Direct Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
by Request
Comparable Approach Comparable
$761k
Blend (final) Blend
$985k
Owner & transaction history
J R Harrison LLC · 2 yrs held
J R Harrison LLC
since 2023
Last sale
$1.2M
3 recorded transactions
2023
$1.2M
2023
Price N/A
2010
Price N/A
Zoning & alternative use
TC · Cecilton, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.4M +2.1%
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