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    Property profile & analytics

    205 Talbot St St Michaels, MD 21663

    • Office buildings
    • 1,216 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Last Sale
    Feb 07, 2023
    $485,000
    Location Intelligence
    Property ID
    US40-0024964
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Benson and Mangold Real Estate, 205 StM / Real Estate Agency
    • Benson and Mangold Real Estate Eastern Shore Homes / Real Estate Agent
    • Carolina Barksdale / Real Estate Agent
    • Coastal Run St Michaels / Running Store / Boutique
    • BEALL GALLERY marine art / Art Gallery

    Property Details for 205 Talbot St

    Year built
    1890
    Construction
    BRICK
    Lot size
    0.05 lot acres
    Property size
    1,216 SF
    Property type
    Office buildings
    APN
    02-063700
    APU
    2063700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $505,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $485,000
      Mixed-Use
      $420,000
      Hospitality
      $570,000
      Educational
      $485,000
      Residential Income
      $485,000
      Energy
      $495,000
      Income-Based Land
      $550,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    St Michaels
    County
    Talbot
    State
    Maryland
    Longitude
    -76.224
    Latitude
    38.7855
    CBSA code
    20660
    CBSA name
    EASTON, MD MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,737
    $0.00
    $0.00
    $395,267
    -
    $207,500
    $203,300
    $410,800

    Comparable in this City

    • Value Estimation by Request
      6,950 SF

      1103 Talbot St

      OFFICE BUILDING • 6,950 SF
      1103 Talbot St, St Michaels, MD 21663-2635
      View Details
    • Value Estimation
      $830,000
      3,979 SF

      210 Talbot St

      OFFICE BUILDING • 3,979 SF
      210 Talbot St, St Michaels, MD 21663
      View Details
    • Value Estimation by Request
      512 SF

      24490 Deepwater Pt Dr

      OFFICE BUILDING • 512 SF
      24490 Deepwater Pt Dr, St Michaels, MD 21663-2310
      View Details
    • Value Estimation by Request
      2,045 SF

      904 Talbot St

      OFFICE BUILDING • 2,045 SF
      904 Talbot St, St Michaels, MD 21663-2630
      View Details
    • Value Estimation by Request
      2,480 SF

      Maritime Museum Rd

      OFFICE BUILDING • 2,480 SF
      Maritime Museum Rd, St Michaels, MD 21663
      View Details
    • Value Estimation by Request
      1,884 SF

      108 Talbot St

      OFFICE BUILDING • 1,884 SF
      108 Talbot St, St Michaels, MD 21663
      View Details

    Similar Nearby for Sale

    • $1,100,000
      0.55 Acres

      SAINT MICHAELS Commercial Building For Sale

      Well-maintained commercial building in St. Michaels with multiple office suites.
      1103 S Talbot St, Saint Michaels, MD 21663
      View Details
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      St. Michaels Executive Offices For Sale

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      Deepwater Point Specialty Property

      Specialty property available for sale.
      9171 Deepwater Point Rd, Saint Michaels, MD 21663
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      St. Michaels Specialty Property

      Specialty property available for sale in St. Michaels, MD.
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      Spinnaker Lane Specialty Property

      Specialty property available for sale.
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    Similar Nearby for Lease

    • $2,750 /Mo

      Prime Commercial Space in St. Michaels

      New commercial space in historic St. Michaels, immediate occupancy.
      103 Fremont St, St Michaels, MD 21663
      View Details
    • $1,400 /Mo
      121,968 SF

      St. Michaels Business Park Lease

      Office space in St. Michaels Business Park for lease.
      933 Talbot Unit 11&12, Saint Michaels, MD 21663
      View Details
    • $600 /Mo
      100,188 SF

      SAINT MICHAELS Commercial Space For Lease

      Second floor commercial space in busy 'Shoppes at Bay Hundred'.
      1110 S Talbot St, Saint Michaels, MD 21663
      View Details
    • $1,400 /Mo

      St. Michaels Office Space Available

      Office spaces in St. Michaels Business Park for lease.
      933 Talbot 11&12, St Michaels, MD 21663
      View Details
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    205 Talbot St
    St Michaels, MD 21663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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