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Property profile & analytics
OFF-MARKET
Individual retail properties
200 Scheeler Rd Chestertown, MD 21620-1034
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-2197559
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2022
Total area
57,976 SF
Lot
4.83 ac (210,438 SF)
Zoning code
RB
APN
04-338755
UPID
US40-2197559
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
-
Kent County Family YMCA Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Young Mens Crstn Assn Of Chesapeake · 3 yrs held
Young Mens Crstn Assn Of Chesapeake
since 2022
2 recorded transactions
Zoning & alternative use
RB · Chestertown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of RB zone is to permit professional and business office buildings of limited mixed uses in architecturally attractive surroundings, with types of uses and exterior evidence of those uses so controlled as to be generally compatible with single family and multiple family dwellings located within or adjacent to the district
Zone name
Professional Office
General category
MIXED_USE
Zone area
63.09 ac
Source
Realmo
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 Chestertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestertown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Assessed value
$13,824,500
Assessed 2024
Previous assessed
$12,960,500
+6.7% YoY
Land market value
$724,600
Improvement market value
$14,827,900
Total market value
$15,552,500
Applied tax rate
20.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2022
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
57,976 SF
Lot
4.83 ac (210,438 SF)
Zoning code
RB
APN
04-338755
UPID
US40-2197559
Jurisdiction
KENT
Zoning & alternative use
RB · Chestertown, MDZoning RB · permitted uses
RB · Chestertown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of RB zone is to permit professional and business office buildings of limited mixed uses in architecturally attractive surroundings, with types of uses and exterior evidence of those uses so controlled as to be generally compatible with single family and multiple family dwellings located within or adjacent to the district
Zone name
Professional Office
General category
MIXED_USE
Zone area
63.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2022
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
4.83 ac
Current owner
From public records · entity-resolved
Young Mens Crstn Assn Of Chesapeake
Individual
Free & Clear · 3 yrs held
Mailing address
202 PEACH BLOSSOM RD, EASTON, MD 21601-2545
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Young Mens Crstn Assn Of Chesapeake
Scheeler Road LLC
Deed
—
Oct 7, 2020
$167,761
Scheeler Road LLC
Krm Dev Corp
Grant Deed
—
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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