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Property profile & analytics
OFF-MARKET
Retail space
207 Clarke Ave Pocomoke City, MD 21851-1007
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-0999883
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
BRICK
Total area
660 SF
Lot
0.02 ac (690 SF)
Zoning code
B-2
APN
01-017993
UPID
US40-0999883
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
-
Kyng Cuts Barbershop and Beauty Salon, LLC Barber Shop
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
Alc Properties LLC · 2 yrs held
Alc Properties LLC
since 2024
4 recorded transactions
Zoning & alternative use
B-2 · Pocomoke City, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
230-63 Conditional uses. § 230-64 Accessory uses. § 230-65 Use regulations; prohibited uses. § 230-66 Area, yard and bulk regulations. § 230-67 Height regulations. § 230-68 Downtown Central Business District. Article X B-2 General Business District § 230-69 Site plans; applicability. § 230-70 Principal permitted uses. § 230-71 Conditional uses. § 230-72 Acce…
Zone name
General Business
General category
COMMERCIAL
Zone area
512.72 ac
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 Pocomoke City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocomoke City 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
$313
Tax year 2023
Assessed value
$15,000
Assessed 2023
Previous assessed
$14,300
+4.9% YoY
Effective rate
2.09%
On assessed value
Land market value
$3,400
Improvement market value
$13,000
Total market value
$16,400
Applied tax rate
1.0000
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
1922
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
660 SF
Lot
0.02 ac (690 SF)
Zoning code
B-2
APN
01-017993
UPID
US40-0999883
Jurisdiction
WORCESTER
Zoning & alternative use
B-2 · Pocomoke City, MDZoning B-2 · permitted uses
B-2 · Pocomoke City, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
230-63 Conditional uses. § 230-64 Accessory uses. § 230-65 Use regulations; prohibited uses. § 230-66 Area, yard and bulk regulations. § 230-67 Height regulations. § 230-68 Downtown Central Business District. Article X B-2 General Business District § 230-69 Site plans; applicability. § 230-70 Principal permitted uses. § 230-71 Conditional uses. § 230-72 Accessory uses. § 230-73 Use regulations; prohibited uses. § 230-74 Height regulations
Zone name
General Business
General category
COMMERCIAL
Zone area
512.72 ac
Building & site characteristics
From public records
Year built
1922
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Alc Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1834 PO BOX 684TH ST, PRINCESS ANNE, MD 21853-0684
Ownership since
2024
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
Jun 27, 2024
$360,000
Alc Properties LLC
Michael C Dunn
Deed
—
Jul 28, 2020
—
Michael C Dunn
—
Deed
related
$120,000 · Hebron Svgs Bk
Apr 1, 2010
$1,000
Michael C Dunn
Leath,bobby L JR
Grant Deed
related
—
—
—
Michael C Dunn
—
Loan Modification
related
$120,000 · Hebron Svgs Bk
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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