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    29321 Backtown Rd Trappe, MD 21673-1850
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    Property profile & analytics

    29321 Backtown Rd, Trappe, MD 21673-1850

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    • Auto shops
    • 3,616 SF
    • 3.34 lot acres
    Off-Market
    Last Sale Mar 17, 2022
    $1,000,000
    Property ID
    US40-2281255
    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.

    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chesapeake Custom Graphics & Signs / Auto Repair Shop
    • M.S. Machine Maryland / Industrial Manufacturer
    • Brown Dog Marine / (Bike/Boat/Book/etc) Store

    Property Details for 29321 Backtown Rd

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    3.34 lot acres
    Property type
    Auto shops
    APN
    03-153274
    APU
    3153274

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2025 $2,025,000 29321 Backtown Road LLC Backtown Rentals LLC Deed $1.2M · Shore United Bank NA
    Apr 8, 2024 — Backtown Rentals LLC — Deed · related $60k · The Peoples Bank
    Mar 17, 2022 $1,000,000 Backtown Rentals LLC P E Moore & Sons Construction LLC Deed $550k · The Peoples Bank
    Oct 18, 2016 — Pe Moore & Sons Construction L — Deed · related $1.5M · 29th Street Cwg Jv Holdings I
    Jun 15, 2006 $625,000 P.e. Moore & Sons Construction,llc Thomas I Mullins Deed $675k · Provident State Bank INC
    — — Pe Moore & Sons Construction L — Loan Modification · related $1.5M · 29th Street Cwg Jv Holdings I

    Description

    This exceptional investment opportunity presents a unique chance to acquire one of only two light industrial zoned parcels in the desirable Town of Trappe, Maryland. Situated on a generous 3.34-acre lot, this property enjoys a prime location just 1000 feet from US Route 50 and less than half a mile from the expansive Lakeside development, ensuring high visibility and convenient access. The property comprises four versatile multi-use buildings, totaling nearly 10,000 square feet, currently housing 14 leased rental units, generating a consistent income stream. The existing buildings offer significant potential for further development and customization to meet diverse tenant needs. An added advantage is the availability of an option to construct an additional 3,200 square foot unit, expanding the property's income potential and overall utility. Located within town limits, the property benefits from the convenience of private septic and well services, eliminating reliance on municipal infrastructure. The combination of its size, zoning, location, and existing rental income makes this a truly rare and compelling investment opportunity in Talbot County, where commercial properties of this scale are seldom available. Don't miss this chance to secure a valuable asset in a thriving market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $985,000
      ML approach
      $940,000
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $715,000
      OFFICE BUILDING
      $670,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Trappe
    County
    Talbot
    State
    Maryland
    Longitude
    -76.0599
    Latitude
    38.6725
    CBSA code
    20660
    CBSA name
    EASTON, MD MICROPOLITAN 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
    $4,876
    $151,200
    $297,200
    $448,400
    -
    $151,200
    $297,200
    $448,400
    More about this property
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