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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Investment properties
19 Main St, Port Deposit, MD 21904-1717
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-1160596
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
BRICK
Total area
4,828 SF
Lot
0.08 ac (3,307 SF)
Zoning code
CR
APN
07-014619
UPID
US40-1160596
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
-
Backfin Blues Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$406k
Blend (final)
Blend
$575k
Owner & transaction history
19 South Main Street LLC · 2 yrs held
19 South Main Street LLC
since 2024
Last sale
$575,000
3 recorded transactions
Zoning & alternative use
CR · Port Deposit, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$935,000
+53.2%
Retail stores
$920,000
+50.1%
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 Port Deposit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Deposit 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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$610,000
Current use
OFFICE BUILDING
$935,000
Change: +53% · Conversion: Easy
RETAIL STORES
$920,000
Change: +50% · Conversion: Easy
WAREHOUSE, STORAGE
$550,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Apr 30 2024)
Last sale anchor
$575k
Apr 30 2024
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
$119 / 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
$4,808
Tax year 2023
Assessed value
$292,000
Assessed 2023
Previous assessed
$284,033
+2.8% YoY
Effective rate
1.65%
On assessed value
Assessed land
$37,000
Assessed improvement
$255,000
Land market value
$37,000
Improvement market value
$255,000
Total market value
$292,000
Applied tax rate
70.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1900
Construction
BRICK
Heating
STEAM
Stories
3
Units
5
Total area
4,828 SF
Lot
0.08 ac (3,307 SF)
Zoning code
CR
APN
07-014619
UPID
US40-1160596
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Port Deposit, MD
Zoning CR · permitted uses
CR · Port Deposit, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Deposit. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$610,000
OFFICE BUILDING
Est. value
$935,000
RETAIL STORES
Est. value
$920,000
WAREHOUSE, STORAGE
Est. value
$550,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1900
Construction
BRICK
Heating
STEAM
Stories
3
Units
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
19 South Main Street LLC
Entity
Mailing address
11206 CEDAR LN, KINGSVILLE, MD 21087-1712
Ownership since
2024
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
Apr 30, 2024
$575,000
19 South Main Street LLC
Clm Group LLC
Deed
$460,000 · Harford Bank
Nov 30, 2001
$165,000
Clam Group LLC
Charles & Coleen Leasing LLC
Grant Deed
$235,000 · Peoples Bank & Trust
Jun 14, 2000
$120,000
Charles & Coleen Leasing LLC
County Banking & Trust Co
Grant Deed
$108,000 · First National Bank North East
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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