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    Property profile & analytics

    2508 Augustine Herman Hwy Chesapeake City, MD 21915-1421

    • Retail space
    • 768 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $120,000
    Last Sale
    Dec 18, 2020
    $150,000
    Location Intelligence
    Property ID
    US40-0666420
    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

    • Retail space

    Property Details for 2508 Augustine Herman Hwy

    Year built
    1994
    Lot size
    0.76 lot acres
    Property size
    768 SF
    Zone code
    BG
    Property type
    Retail space
    APN
    02-009382
    APU
    2009382

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake City
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8181
    Latitude
    39.5199
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN 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
    $4,584
    $0.00
    $0.00
    $409,633
    -
    $153,800
    $268,800
    $422,600

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      2711 Augustine Herman Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2711 Augustine Herman Hwy, Chesapeake City, MD 21915-1423
      View Details
    • Value Estimation
      $355,000
      1,010 SF

      109 Bohemia Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,010 SF
      109 Bohemia Ave, Chesapeake City, MD 21915-1219
      View Details
    • Value Estimation by Request
      2,460 SF

      3531 Augustine Herman Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,460 SF
      3531 Augustine Herman Hwy, Chesapeake City, MD 21915-2006
      View Details
    • Value Estimation by Request
      3,039 SF

      2754 Augustine Herman Hwy

      CONVENIENCE STORE • 3,039 SF
      2754 Augustine Herman Hwy, Chesapeake City, MD 21915-1409
      View Details
    • Value Estimation by Request
      2,070 SF

      2579 Augustine Herman Hwy

      FINANCIAL BUILDING • 2,070 SF
      2579 Augustine Herman Hwy, Chesapeake City, MD 21915-1400
      View Details
    • Value Estimation by Request
      10,829 SF

      605 2nd St

      RESTAURANT • 10,829 SF
      605 2nd St, Chesapeake City, MD 21915-1220
      View Details

    Similar Nearby for Sale

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      59,950 SF

      Chesapeake City Storage Facility

      Prime MD Self Storage Investment
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    • $875,000
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      Picturesque Chesapeake City Property

      Charming property in historic Chesapeake City, Cecil County.
      2728 Augustine Herman Hwy, Chesapeake City, MD 21915
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    • New
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      0.46 Acres

      Land in Chesapeake City, MD

      Residential land for sale near Chesapeake City attractions and marinas.
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    • $99,000

      Chesapeake City Specialty Property

      Specialty property available for sale in Chesapeake City, Maryland.
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      Chesapeake City Specialty Property

      Specialty property available for sale in Chesapeake City, Maryland.
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    • $875,000
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      Self-Storage Development Opportunity

      Site plan approved self-storage development opportunity in Chesapeake City, MD.
      2744 Augustine Herman Hwy, Chesapeake City, MD 21915
      View Details
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    Chesapeake City, MD 21915-1421
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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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