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Property profile & analytics
OFF-MARKET
Retail space
202 Franklin St, Cambridge, MD 21613-2443
Entity Owned
Free & Clear
Property ID
US40-1246836
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Construction
BRICK
Total area
3,312 SF
Lot
0.1 ac (4,200 SF)
Zoning code
D
APN
07-107242
UPID
US40-1246836
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
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
Zombie House Buyers LLC
Zombie House Buyers LLC
since 2026
Last sale
$90,000
4 recorded transactions
Zoning & alternative use
D · Cambridge, 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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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 2023Property tax & assessments
Tax year 2023
Tax billed
$764
Tax year 2023
Assessed value
$41,333
Assessed 2023
Previous assessed
$41,333
+0.0% YoY
Effective rate
1.85%
On assessed value
Land market value
$21,000
Improvement market value
$21,000
Total market value
$42,000
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
3,312 SF
Lot
0.1 ac (4,200 SF)
Zoning code
D
APN
07-107242
UPID
US40-1246836
Jurisdiction
DORCHESTER
Zoning & alternative use
D · Cambridge, MD
Zoning D · permitted uses
D · Cambridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Zombie House Buyers LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4700 RAVENSWOOD RD, RIVERDALE, MD 20737-1114
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
$141,900
Zombie House Buyers LLC
Jennifer Lynn Heaton
Deed
—
Sep 20, 2023
$90,000
Jeffrey Allen Heaton
Summit East LLC
Deed
—
Feb 3, 2021
$36,000
Summit East LLC
James P Lomax JR
Deed
—
Jun 18, 2001
$15,000
James P Lomax
Collemer,laurene C
Grant Deed
$32,000 · Bank Of The Eastern Shore
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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