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Financial
Distress signals
Property profile

2744 Augustine Herman Hwy Chesapeake City, MD 21915

FOR SALE
Outlet malls
Property ID
US40-1962806
9,060 SF 1.94 ac lot Built 2016
Last sale Jul 2017 · $2,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property in Chesapeake City, Maryland is located on Augustine Herman Highway and has an indicated traffic count of approximately 10,000 ADT. It is presented as a site-plan-approved development opportunity for a self-storage facility with approximately 50,300 net rentable square feet (Net RSF). The planned improvements include a mix of climate-controlled storage units and traditional drive-up units, along with modern security systems and on-site management. The site is positioned near local…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$1.94M
Effective rate1.11%

Value estimate

· Oct 2026
$2.08M
$1.87M – $2.28M
Submarket $/SF estimate$2.59M
NOI build-up
Gross scheduled income$482k
Vacancy & credit loss−$41k
Operating expenses−$132k
NOI · 31.66% cap applied$309k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$103 – $286
Qualifying comparables3

Cap rate analysis

How does the asset earn?
31.66%
$309k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BG
JurisdictionCECIL

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.9
Storage Facility8.5
Wholesale Shop8.4

Location

2744 Augustine Herman Hwy Chesapeake City, MD 21915
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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