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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Industrial properties
29523 Canvasback Dr, Easton, MD 21601-6900
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0051731
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1998
Construction
BRICK
Total area
3,600 SF
Lot
1.33 ac (57,935 SF)
APN
01-072234
UPID
US40-0051731
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
-
Klunk Heating & Air Conditioning Hardware & Home Improvement HVAC Service
-
All Exteriors, LLC Roofing Company General Contractor
-
Lincare Home Health Care Service Medical Equipment Supplier
-
Our Greek Market Food Processing Plant
-
Bodywork By Britni Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Spring Residential LLC · 2 yrs held
Spring Residential LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$715,000
+211.1%
Office building
$645,000
+181.8%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
Method
Estimation
Statistic approach
$1,040,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$715,000
Change: +211% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +182% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.04M (May 3 2024)
Last sale anchor
$1.04M
May 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
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
$4,012
Tax year 2023
Assessed value
$555,300
Assessed 2023
Previous assessed
$555,300
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$212,200
Assessed improvement
$343,100
Land market value
$212,200
Improvement market value
$343,100
Total market value
$555,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
3,600 SF
Lot
1.33 ac (57,935 SF)
APN
01-072234
UPID
US40-0051731
Jurisdiction
TALBOT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$715,000
OFFICE BUILDING
Est. value
$645,000
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.33 ac
Current owner
From public records · entity-resolved
Spring Residential LLC
Entity
Mailing address
29565 CHILCUTT RD, EASTON, MD 21601-8683
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$1,037,500
Spring Residential LLC
Ronald J Mooney
Deed
$250,000 · Shore United Bank NA
Sep 29, 2020
—
Kristen A Mooney
—
Deed
related
$516,000 · Cnb
Aug 10, 2006
$800,000
Ronald J Mooney
J Patrick Brenda L
Deed
$750,000 · The Talbot Bank Of Easton
—
—
Andrew J P
—
Deed Of Trust
related
$135,000 · Easton Bank & Trust Co
—
—
James P Andrew
—
Deed Of Trust
related
$150,000 · Easton Bank & Trust Co
—
—
Andrew J P
—
Deed Of Trust
related
$250,000 · Easton Bank & Trust Co
—
—
Andrew J P
—
Deed Of Trust
related
$40,329 · Talbot Bank Of Easton
—
—
J Patrick Andrew
—
Deed Of Trust
related
$700,000 · Manufacturers Traders & Trust
—
—
J Patrick Andrew
—
Deed Of Trust
related
$750,000 · Manufacturers Traders & Trust
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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