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    Property profile & analytics

    213 Talbot St, Unit B St Michaels, MD 21663

    • Office Properties & Spaces
    • 698 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $880,000
    Last Sale
    May 24, 2023
    $750,000
    Location Intelligence
    Property ID
    US40-1951386
    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

    • Waterman's Wharf / Museum
    • The Preppy Redneck / Gift Shop
    • Steamboat Building of CBMM / Museum
    • CBMM Welcome Center Entrance / Museum
    • Small Boat Shed / Museum

    Property Details for 213 Talbot St

    Year built
    1975
    Lot size
    0.02 lot acres
    Property size
    698 SF
    Property type
    Office Properties & Spaces
    APN
    02-198843
    APU
    2198843

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $840,000
      6.5%
      $830,000
      7%
      $795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $820,000
      Geo Method
      $760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $665,000
      Mixed-Use
      $810,000
      Hospitality
      $650,000
      Educational
      $715,000
      Residential Income
      $765,000
      Energy
      $805,000
      Income-Based Land
      $795,000
      Food Service
      $855,000

    Location Insight

    • Map
    • Local Demand
    City
    St Michaels
    County
    Talbot
    State
    Maryland
    Longitude
    -76.2248
    Latitude
    38.7877
    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
    $1,575
    $0.00
    $0.00
    $131,433
    -
    $40,800
    $95,300
    $136,100

    Comparable in this City

    • Value Estimation
      $975,000
      1,304 SF

      213 Talbot St, Unit D

      CONDOMINIUM OFFICES • 1,304 SF
      213 Talbot St, St Michaels, MD 21663
      View Details
    • Value Estimation
      $945,000
      1,082 SF

      213 Talbot St, Unit C

      CONDOMINIUM OFFICES • 1,082 SF
      213 Talbot St, St Michaels, MD 21663
      View Details
    • Value Estimation by Request
      2,623 SF

      213 Talbot St Sta, Unit A

      CONDOMINIUM OFFICES • 2,623 SF
      213 Talbot St Sta, St Michaels, MD 21663
      View Details
    • 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

    Similar Nearby 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.
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      Office space in St. Michaels Business Park for lease.
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      100,188 SF

      SAINT MICHAELS Commercial Space For Lease

      Second floor commercial space in busy 'Shoppes at Bay Hundred'.
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      View Details
    • $1,400 /Mo

      St. Michaels Office Space Available

      Office spaces in St. Michaels Business Park for lease.
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    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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