Property profile

21438 Nanticoke Rd Tyaskin, MD 21865

FOR LEASE
Turn key restaurants
Property ID
US40-0865585
3,886 SF 1 ac lot Built 1930
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is configured as a restaurant and tiki bar with an interior dining room, bar area, server’s station, manager’s office, storage area, kitchen, and two restrooms. It includes two exterior-located walk-in coolers adjacent to the kitchen. Interior patron seating totals approximately 150, with seating provided in both the dining room and at the bar. An extra-large outdoor wooden deck with an outdoor bar provides additional seating for approximately 250 patrons, with outdoor landscaping including mature pine trees and two outdoor fire pits. The space includes a cloud-based POS system (Toast) and comes with furniture, fixtures, and equipment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction BRICK
Total area 3,886 SF
Lot 1 ac (43,560 SF)
Zoning code VC
APN 03-009289
UPID US40-0865585

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
  • Bar & Pub Restaurant

Location

21438 Nanticoke Rd Tyaskin, MD 21865
Tyaskin metro Census 10800 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2016
5 recorded transactions
2016
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

VC · Tyaskin, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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