Property profile

200 Morgnec Rd Chestertown, MD 21620

OFF-MARKET
Hospitals
Property ID
US40-0040973
44,916 SF 5 ac lot Built 1970
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 44,916 SF
Lot 5 ac (217,800 SF)
Zoning code R-4
APN 04-019032
UPID US40-0040973

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Public Health Department
  • Registered General Nurse
  • Nursing Home
  • Rehabilitation Center

Location

200 Morgnec Rd Chestertown, MD 21620-1026
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k

Owner & transaction history

since 2018
3 recorded transactions
2020
Price N/A
2018
$3.0M
1969
Price N/A

Zoning & alternative use

R-4 · Chestertown, MD
Zoning description

(a) A mobile home park is a conditional use in R-4 only. (b) Access to the mobile home park shall be from a major thoroughfare; the number and location of access drives shall be controlled for traffic safety Zoning Ordin…

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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