New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,630,000
Warehouses
300 Talbot Blvd, Chestertown, MD 21620-1009
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0952412
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
STEEL FRAME
Total area
20,800 SF
Lot
6.58 ac (286,625 SF)
Zoning code
LI
APN
04-027922
UPID
US40-0952412
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
-
Vault Storage Co - Chestertown Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.63M
Owner & transaction history
Eastern Shore Self Storage LLC · 5 yrs held
Eastern Shore Self Storage LLC
since 2020
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
LI · Chestertown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+201.3%
Restaurant
$2.8M
+164.9%
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 Chestertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestertown 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
$4,675,000
ML approach
$4,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,170,000
Change: +201% · Conversion: Difficult
RESTAURANT
$2,785,000
Change: +165% · Conversion: Difficult
Blend value · Realmo final
$4.63M
Range $4.17M – $5.09M · ±10% · vs last sale $4.50M (Sep 16 2020)
Last sale anchor
$4.50M
Sep 16 2020
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
$223 / 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
$36,815
Tax year 2023
Assessed value
$2,543,600
Assessed 2023
Previous assessed
$2,364,200
+7.6% YoY
Effective rate
1.45%
On assessed value
Assessed land
$914,500
Assessed improvement
$1,629,100
Land market value
$914,500
Improvement market value
$1,629,100
Total market value
$2,543,600
Applied tax rate
20.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
5
Stories
1
Units
290
Total area
20,800 SF
Lot
6.58 ac (286,625 SF)
Zoning code
LI
APN
04-027922
UPID
US40-0952412
Jurisdiction
KENT
Zoning & alternative use
LI · Chestertown, MD
Zoning LI · permitted uses
LI · Chestertown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.2M
RESTAURANT
Est. value
$2.8M
OFFICE BUILDING
RESTAURANT
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
2004
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
5
Units
290
Lot
6.58 ac
Current owner
From public records · entity-resolved
Eastern Shore Self Storage LLC
Entity
Mailing address
3501 CONCORD RD STE #350, YORK, PA 17402-8606
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Eastern Shore Self Storage LLC
—
Deed
related
$367,620 · Fulton Bank NA
Sep 16, 2020
$4,500,000
Eastern Shore Self Storage LLC
Gredin Properties LLC
Grant Deed
—
Sep 16, 2020
$3,375,000
Eastern Shore Self Storage LLC
Gredin Properties LLC
Grant Deed
$7,237,500 · Fulton Bk NA
Feb 14, 2018
—
Gredin Properties LLC
—
Deed
related
$3,600,000 · Harford Bk
—
—
Gredin Properties LLC
—
Deed Of Trust
related
$400,000 · Susquehanna Bank
—
—
Gredin Properties LLC
—
Deed Of Trust
related
$2,250,000 · Pnc Bank
—
—
Gredin Properties LLC
—
Deed Of Trust
related
$3,600,000 · Harford Bk
—
—
Gredin Properties LLC
—
Deed Of Trust
related
$1,600,000 · Susquehanna Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 300 Talbot Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
