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Property profile & analytics
FOR LEASE
Office buildings
1712 Main St Chester, MD 21619
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1375478
For Lease
1 / 11
$1,500/Mo
1712 Main St, Chester, MD 21619
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
BRICK
Total area
7,352 SF
Lot
0.7 ac (30,492 SF)
Zoning code
TC
APN
04-003160
UPID
US40-1375478
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
-
Shore Counseling Wellness Counselor Mental Health Service
-
Bay Area Association of REALTORS® , Inc | BAAR Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$923k
Blend (final)
Blend
$900k
Owner & transaction history
Baar LLC · 5 yrs held
Baar LLC
since 2020
Last sale
$814,000
3 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
Method
Estimation
Statistic approach
$1,000,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,490,000
Current use
COMMERCIAL (GENERAL)
$1,445,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $814k (Dec 29 2020)
Last sale anchor
$814k
Dec 29 2020
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
$122 / 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
$7,595
Tax year 2023
Assessed value
$806,300
Assessed 2023
Previous assessed
$806,300
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$304,900
Assessed improvement
$501,400
Land market value
$304,900
Improvement market value
$501,400
Total market value
$806,300
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
7,352 SF
Lot
0.7 ac (30,492 SF)
Zoning code
TC
APN
04-003160
UPID
US40-1375478
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Baar LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1712 MAIN ST STE #100, CHESTER, MD 21619-2950
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Baar LLC
Bay Area Association Of Realto
Grant Deed
related
—
Dec 28, 2018
$814,000
Bay Area Assn Of Realtors INC
Futura Building LLC
Grant Deed
$450,000 · Queenstown Bk/md
Oct 18, 1999
$350,000
Futura Building LLC
Helfenbein,alvin L
Grant Deed
$365,000 · Centreville National Bank Md
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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