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    Property profile & analytics

    207 6th St Ridgely, MD 21660

    • Turn key restaurants
    • 816 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Nov 03, 2022
    $200,000
    Location Intelligence
    Property ID
    US40-1061275
    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

    • Dave's Place / Bar

    Property Details for 207 6th St

    Year built
    1953
    Construction
    BRICK
    Lot size
    0.40 lot acres
    Property size
    816 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    07-014392
    APU
    7014392

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgely
    County
    Caroline
    State
    Maryland
    Longitude
    -75.8774
    Latitude
    38.9441

    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
    $3,131
    $0.00
    $0.00
    $204,633
    -
    $110,000
    $96,000
    $206,000

    Comparable in this City

    • Value Estimation by Request
      2,229 SF

      103 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,229 SF
      103 Central Ave, Ridgely, MD 21660-2005
      View Details
    • Value Estimation by Request
      3,200 SF

      13070 Crouse Ml Rd

      AUTO REPAIR, GARAGE • 3,200 SF
      13070 Crouse Ml Rd, Ridgely, MD 21660
      View Details
    • Value Estimation by Request
      1,899 SF

      22151 Wes St

      FINANCIAL BUILDING • 1,899 SF
      22151 Wes St, Ridgely, MD 21660-1955
      View Details
    • Value Estimation by Request
      1,927 SF

      Bell Ave

      AUTO REPAIR, GARAGE • 1,927 SF
      Bell Ave, Ridgely, MD 21660
      View Details
    • Value Estimation
      $1,705,000
      9,100 SF

      103 6th St

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      103 6th St, Ridgely, MD 21660-1956
      View Details
    • Value Estimation by Request
      3,363 SF

      101 Central Ave

      CONVENIENCE STORE • 3,363 SF
      101 Central Ave, Ridgely, MD 21660
      View Details

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    Similar Nearby for Lease

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    • $13 SF/Yr
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      Open retail space suitable for a variety of business uses.
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    207 6th St
    Ridgely, MD 21660
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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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