Property profile

187 Flatland Rd Chestertown, MD 21620

OFF-MARKET
Commercial land
Property ID
US40-1219855
0.75 ac lot
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.75 ac (32,670 SF)
Zoning code R-1
APN 04-003195
UPID US40-1219855

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

187 Flatland Rd Chestertown, MD 21620-3329
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2010
5 recorded transactions
2010
$675,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-1 · Chestertown, MD
Zoning description

The purpose of the R-1 zone is to accommodate single family detached dwellings at approximately two dwelling units per acre and other uses compatible with existing single family residential development and such accessory…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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