New search
Property profile & analytics
OFF-MARKET
Investment properties
271 Bohemia Riv Marina Rd, Chesapeake City, MD 21915-1812
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-1068607
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
FRAME
Total area
1,516 SF
Lot
9.25 ac (402,930 SF)
Zoning code
SPLIT
APN
02-023970
UPID
US40-1068607
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bohemia Bay Yacht Harbour Condom · 21 yrs held
Bohemia Bay Yacht Harbour Condom
since 2005
5 recorded transactions
Zoning & alternative use
SPLIT · Chesapeake City, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Chesapeake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesapeake City 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
$13,727
Tax year 2023
Assessed value
$1,242,900
Assessed 2023
Previous assessed
$1,221,800
+1.7% YoY
Effective rate
1.10%
On assessed value
Land market value
$1,098,800
Improvement market value
$165,200
Total market value
$1,264,000
Applied tax rate
2.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
1,516 SF
Lot
9.25 ac (402,930 SF)
Zoning code
SPLIT
APN
02-023970
UPID
US40-1068607
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
SPLIT · Chesapeake City, MD
Zoning SPLIT · permitted uses
SPLIT · Chesapeake City, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesapeake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
9.25 ac
Current owner
From public records · entity-resolved
Bohemia Bay Yacht Harbour Condom
Individual
Mailing address
1026 TOWN PT RD, CHESAPEAKE CITY, MD 21915-1712
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
—
Bohemia Bay Yacht Harbour Condo Ass
—
Deed
related
$1,600,000 · First Citizens Bank And Trust Co INC
Feb 13, 2020
—
Bohemia Bay Yacht Harbour Cond
—
Deed
related
$475,000 · First Citizens Bk
Jan 6, 2020
—
Bohemia Bay Yacht Harbour Condo Ass
—
Deed
related
$200,000 · First Citizens Bank & Trust Co
Mar 23, 2005
—
Bohemia Bay Yacht Harbour Condom
Bohemia Bay Yacht Harbour LLC
Quit Claim Deed
related
—
—
—
Bohemia Bay Yacht Harbour Cond
—
Deed Of Trust
related
$475,000 · First Citizens Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 271 Bohemia Riv Marina Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
