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Property profile & analytics
OFF-MARKET
Strip malls
221 Main St Rising Sun, MD 21911-1657
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US40-0665545
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Construction
WOOD
Total area
5,200 SF
Lot
1.91 ac (83,200 SF)
Zoning code
LC
APN
06-020976
UPID
US40-0665545
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
-
Chesapeake Behavioral Health Physician Medical Clinic
-
Chrome Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Vigo Bank Credit Union
-
LOGIK WELT Consultant
-
Primo El E Clothing Store
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
Dye Enterprises Lc Co · 29 yrs held
Dye Enterprises Lc Co
since 1997
1 recorded transaction
Zoning & alternative use
LC · Rising Sun, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 12-506. LC Limited Commercial District The regulations of this zone are intended to support commercial, and employment uses that meet the daily convenience and shopping needs of the nearby residents, focusing on retail and service uses and generally located on commercial lots less than three (3) acres in size, or are a part of a series of contiguous…
Zone name
Limited Commercial District
General category
COMMERCIAL
Zone area
23.47 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 Rising Sun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rising Sun 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
$24,043
Tax year 2023
Assessed value
$1,512,300
Assessed 2023
Previous assessed
$1,406,000
+7.6% YoY
Effective rate
1.59%
On assessed value
Land market value
$316,800
Improvement market value
$1,408,100
Total market value
$1,724,900
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
3
Total area
5,200 SF
Lot
1.91 ac (83,200 SF)
Zoning code
LC
APN
06-020976
UPID
US40-0665545
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
LC · Rising Sun, MDZoning LC · permitted uses
LC · Rising Sun, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 12-506. LC Limited Commercial District The regulations of this zone are intended to support commercial, and employment uses that meet the daily convenience and shopping needs of the nearby residents, focusing on retail and service uses and generally located on commercial lots less than three (3) acres in size, or are a part of a series of contiguous commercial lots to create a district or node, generally less than fifteen acres in size. PUDS may be permitted as defined in this code. Zone regulations shall be defined as per the Schedule of Zone Regulations found in Article 6 titled Supplemental Zone Regulations; and permitted uses are defined in the Table of Permissible uses found in Article 5 titled Zone Regulations, Part III titled Permissible Uses.
Zone name
Limited Commercial District
General category
COMMERCIAL
Zone area
23.47 ac
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
3
Lot
1.91 ac
Current owner
From public records · entity-resolved
Dye Enterprises Lc Co
Entity
Mailing address
221 E MAIN STE, RISING SUN, MD 21911-1657
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 1997
$850,000
Dye Enterprises Lc Co
Benham Brothers INC
Grant Deed
related
$800,000 · County Banking & Trust Co
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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