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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
312 Division St, Fruitland, MD 21826-1908
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-0045542
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
BRICK
Total area
2,318 SF
Lot
2.53 ac (110,207 SF)
Zoning code
M1
APN
16-015202
UPID
US40-0045542
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
-
Meadows Hydraulics, Inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$621k
Blend (final)
Blend
$580k
Owner & transaction history
J Thomas Meadows Family LLC · 6 yrs held
J Thomas Meadows Family LLC
since 2019
4 recorded transactions
Zoning & alternative use
M1 · Fruitland, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$655,000
+64.2%
Retail stores
$415,000
+4.3%
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 Fruitland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fruitland 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$400,000
Current use
AUTO REPAIR, GARAGE
$655,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$415,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$355,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$250 / 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
$4,760
Tax year 2023
Assessed value
$477,167
Assessed 2023
Previous assessed
$476,633
+0.1% YoY
Effective rate
1.00%
On assessed value
Land market value
$215,300
Improvement market value
$262,400
Total market value
$477,700
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
6
Total area
2,318 SF
Lot
2.53 ac (110,207 SF)
Zoning code
M1
APN
16-015202
UPID
US40-0045542
Jurisdiction
WICOMICO
Zoning & alternative use
M1 · Fruitland, MD
Zoning M1 · permitted uses
M1 · Fruitland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fruitland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$655,000
RETAIL STORES
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$355,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1979
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
2.53 ac
Current owner
From public records · entity-resolved
J Thomas Meadows Family LLC
Entity
Free & Clear · 6 yrs held
Mailing address
312 S DIVISION ST, FRUITLAND, MD 21826-1908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2019
—
J Thomas Meadows Family LLC
Meadows Hydraulics Sales & Svc
Quit Claim Deed
related
—
Jun 27, 2018
$82,700
Meadows Hydraulics Sales & Svc
J Thomas Meadows Family LLC
Grant Deed
—
Jan 9, 2007
$82,700
J Thomas Meadows Family LLC
Meadows Hydraulics Sales & Ser
Grant Deed
related
$948,000 · Hebron Savings Bank
—
—
Hydraulics Sales Meadows
—
Deed Of Trust
related
$290,000 · Peninsula 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.
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