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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Warehouses
299 Nealson St, Hurlock, MD 21643-3690
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-2325202
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
BRICK
Total area
31,724 SF
Lot
10.61 ac (462,172 SF)
APN
15-024135
UPID
US40-2325202
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
$1.34M
Blend (final)
Blend
$1.27M
Owner & transaction history
Amick Farms LLC · 10 yrs held
Amick Farms LLC
since 2016
7 recorded transactions
Zoning & alternative use
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 Hurlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hurlock 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10%
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
$40 / 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
$14,904
Tax year 2023
Assessed value
$833,800
Assessed 2023
Previous assessed
$833,800
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$78,800
Assessed improvement
$755,000
Land market value
$78,800
Improvement market value
$755,000
Total market value
$833,800
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
1
Total area
31,724 SF
Lot
10.61 ac (462,172 SF)
APN
15-024135
UPID
US40-2325202
Jurisdiction
DORCHESTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2009
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
1
Lot
10.61 ac
Current owner
From public records · entity-resolved
Amick Farms LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2079 BATESBURG HWY, BATESBURG, SC 29006-8522
Ownership since
2016
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
Mar 20, 2019
—
Amick Farms LLC
—
Loan Modification
related
$5,519,100 · Cooperatieve Rabobank Ua Ny Br
Apr 8, 2016
$399,000
Amick Farms LLC
Posner Shannon J|waterland Fisheries INC
Trustees Deed
related
—
Aug 23, 2007
—
Waterland Fisheries INC
Waterland Fisheries INC
Quit Claim Deed
related
—
May 7, 2007
$350,000
Waterland Fisheries INC
Delmarva Premium Seafood
Grant Deed
$250,000 · Delmarva Premium Seafood Co
Feb 22, 2002
$280,250
Delmarva Premium Seafood Co
Delmarva Fisheries INC
Grant Deed
related
—
—
—
Waterland Fisheries INC
—
Deed Of Trust
related
$300,000 · Maryland Agricultural & Resour
—
—
Waterland Fisheries INC
—
Deed Of Trust
related
$750,000 · Harbor Bank Of Maryland
—
—
Waterland Fisheries INC
—
Deed Of Trust
related
$350,000 · Maryland Small Business Dev
—
—
Waterland Fisheries INC
—
Loan Modification
related
$821,678 · Harbor Bank Of Maryland
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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