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Property profile & analytics
FOR LEASE
Drive through restaurants
3 Three Notch Rd, Mechanicsville, MD 20659
Individually Owned
Free & Clear
Property ID
US40-0711100
For Lease
$8,145,000
3 Three Notch Rd, Mechanicsville, MD 20659
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Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1997
Construction
WOOD
Total area
2,864 SF
Lot
1.18 ac (51,401 SF)
Zoning code
TMX
APN
05-044170
UPID
US40-0711100
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
$8.15M
Owner & transaction history
Jeremy W May
Jeremy W May
since 2026
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
TMX · Mechanicsville, 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 Mechanicsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mechanicsville 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
$5,235,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.15M
Range $7.33M – $8.96M · ±10% · vs last sale $9.60M (Oct 22 2021)
Last sale anchor
$9.60M
Oct 22 2021
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
$2,844 / 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
$14,027
Tax year 2023
Assessed value
$1,336,133
Assessed 2023
Previous assessed
$1,259,967
+6.0% YoY
Effective rate
1.05%
On assessed value
Land market value
$245,300
Improvement market value
$1,167,000
Total market value
$1,412,300
Applied tax rate
5.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1997
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,864 SF
Lot
1.18 ac (51,401 SF)
Zoning code
TMX
APN
05-044170
UPID
US40-0711100
Jurisdiction
ST MARY'S
Zoning & alternative use
TMX · Mechanicsville, MD
Zoning TMX · permitted uses
TMX · Mechanicsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mechanicsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Jeremy W May
Individual
Free & Clear · 0 yrs held
Mailing address
1700 REISTERSTOWN RD STE #210, BALTIMORE, MD 21208-2920
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
—
Jeremy W May
Hamilton E Wood
Deed
related
—
Feb 26, 2025
$1,000,000
Mechanicsville Investment Partners
Calvert Joint Venture LLC
Deed
$650,000 · Shore United Bank NA
Nov 8, 2024
—
Golden Beach Properties LLC
—
Deed
related
$4,000,000 · United Bank
Dec 5, 2023
—
Jeffrey R Dearstine
Jeffrey R Dearstine
Deed
related
—
May 23, 2023
$10,000
Dcg Land LLC
Charlotte Hall Center INC
Deed
—
Jan 24, 2023
—
D R Guy Farmz LLC
Carole Denise Guy
Deed
related
—
Dec 14, 2022
—
James Richley Guy
Carole Denise Guy
Deed
related
—
Oct 22, 2021
$9,600,000
Golden Beach Properties LLC
Charlotte Hall Center INC
Deed
$9,500,000 · Two Farms INC
Sep 30, 2021
—
Southern States Cooperative Incorpo
—
Deed
related
$70,000,000 · Growmar INC
May 13, 2021
$1,750,000
30315 Three Notch Road LLC
Richard M Wentworth
Special Warranty Deed
—
May 13, 2021
—
Southern States Cooperative Incorpo
—
Deed
related
$10,000 · Acf Finco I LP
Nov 6, 2020
$6,450,000
Hollywood Properties LLC
Burch Oil Co INC
Deed
—
Oct 16, 2019
$399,000
Matthew R Niemiec
Kenneth Smythers
Grant Deed
$387,030 · Branch Bk&tr
Jun 27, 2019
—
Residuary Agnes M H Trust
Higgs William W
Deed
related
—
Dec 28, 2018
—
Kenneth M Smythers
—
Deed
related
$118,500 · Old Line Bk
Nov 30, 2018
$158,000
Kenneth Smythers
Bow Ents LLC
Grant Deed
—
Sep 20, 2018
—
Southern States Cooperative Incorpo
—
Deed
related
$70,000,000 · Rebecca Tarby
Aug 6, 2018
—
Southern States Cooperative Incorpo
—
Deed
related
$205,000,000 · Bmo Harris Bank NA
Mar 14, 2018
—
James A Higgs JR
Higgs Frances A
Quitclaim Deed
related
—
Mar 20, 2017
—
Carole D Guy
Woodburn Carolyn Trust
Grant Deed
related
—
Sep 26, 2016
—
Chesley Family LLC
Chesley Marion
Quitclaim Deed
related
—
Jun 16, 2016
—
Henry H Albright
—
Deed
related
$575,000 · Community Bk/chesapeake
—
—
Burger King Of Charlotte Hall
—
Deed Of Trust
related
$725,000 · Community Bank Of Tri-county
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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