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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Investment properties
21106 Twin Spgs Dr Chewsville, MD 21721-1100
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0850879
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1879
Construction
BRICK
Total area
4,788 SF
Lot
0.07 ac (3,004 SF)
Zoning code
RB-E
APN
18-009528
UPID
US40-0850879
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
$515k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$589k
Blend (final)
Blend
$530k
Owner & transaction history
Jackie L Martz · 3 yrs held
Jackie L Martz
since 2023
Last sale
$540,000
3 recorded transactions
Zoning & alternative use
RB-E · Chewsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$725,000
+20.1%
Auto repair, garage
$695,000
+15.4%
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 Chewsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chewsville 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
Method
Estimation
Statistic approach
$530,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$605,000
Current use
RETAIL STORES
$725,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$695,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $540k (Apr 12 2023)
Last sale anchor
$540k
Apr 12 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
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
$4,141
Tax year 2023
Assessed value
$398,200
Assessed 2023
Previous assessed
$398,200
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$60,000
Assessed improvement
$338,200
Land market value
$60,000
Improvement market value
$338,200
Total market value
$398,200
Applied tax rate
18.0000
Comparables
3 recent transactions · within 1.5 miComparable in this city
3 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1879
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
3
Bathrooms
2
Total area
4,788 SF
Lot
0.07 ac (3,004 SF)
Zoning code
RB-E
APN
18-009528
UPID
US40-0850879
Jurisdiction
WASHINGTON
Zoning & alternative use
RB-E · Chewsville, MD
Zoning RB-E · permitted uses
RB-E · Chewsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chewsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$605,000
RETAIL STORES
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$695,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1879
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
3
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Jackie L Martz
Individual
Mailing address
8923 MAPLEVILLE RD, BOONSBORO, MD 21713-1826
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
$540,000
Jackie L Martz
Radglph Meadows Valen
Deed
$440,000 · Rudolph Valen
Jul 9, 2019
$257,210
Valen R Meadows
Meadows,jimmy R & Lona L
Grant Deed
$257,210 · Jimmy R & Lona L Meadows
Sep 16, 2010
—
Jimmy R Meadows
Meadows,jimmy R & Lona L
Quit Claim Deed
related
—
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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