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206 N Fruitland Blvd, Fruitland, MD 21826
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Property summary
AI-generated overview
The property is a retail shopping center known as Fruitland Plaza, anchored by a Food Lion. It contains an in-line retail unit configuration, with Unit 2E being a designated retail space totaling 9,983 square feet. The shopping center also includes outparcel areas located on the southeast and northwest corners that are available for development through sale or build-to-suit arrangements, depending on future use and approvals.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1982
Construction
BRICK
Total area
2,562 SF
Lot
15.88 ac (691,733 SF)
Zoning code
C5
APN
16-019984
UPID
US40-1123521
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
-
Physician
-
Furniture & Home Goods Home Decor Store
-
Grocery & Convenience Store Food Market
-
Big Box & Wholesale Store
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.76M
Owner & transaction history
since 2021
Last sale
$7.5M
4 recorded transactions
Zoning & alternative use
C5 · Fruitland, MD
Zoning description
The purpose of C5 zone is to provide shopping centers, convention halls, motels and hotels, business and professional offices, banks and other financial institutions, retail sales
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$9.76M
Value range
$8.78M – $10.73M
±10% around blend
Estimated value / SF
$3,808 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$8.78M
blend $9.76M
$10.73M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,562 SF
Lot area
15.88 ac
Year built
1982
Stories
1
APN
16-019984
Zoning
C5
Assessed value
$6,876,033
Annual tax
$68,589
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$68,589
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.76M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.01M
Move the market yield to see immediate price impact.
Value / SF
$1,173
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$189k
$3.79M
$2.71M
$2.10M
$210k
$4.21M
$3.01M
$2.34M
$231k
$4.63M
$3.31M
$2.57M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,589
Tax year 2023
Assessed value
$6,876,033
Assessed 2023
Previous assessed
$6,427,267
+7.0% YoY
Effective rate
1.00%
On assessed value
Land market value
$2,491,400
Improvement market value
$4,833,400
Total market value
$7,324,800
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1982
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
3
Total area
2,562 SF
Lot
15.88 ac (691,733 SF)
Zoning code
C5
APN
16-019984
UPID
US40-1123521
Jurisdiction
WICOMICO
Zoning & alternative use
C5 · Fruitland, MDZoning C5 · permitted uses
C5 · Fruitland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of C5 zone is to provide shopping centers, convention halls, motels and hotels, business and professional offices, banks and other financial institutions, retail sales
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1982
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
15.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C5
COMMERCIAL
Jurisdiction
Fruitland, MD
Recorded code
C5
Official district
C5
Official district profile
What the municipal code says about C5
Zoning description
The purpose of C5 zone is to provide shopping centers, convention halls, motels and hotels, business and professional offices, banks and other financial institutions, retail sales
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C5 in Fruitland, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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