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Property profile & analytics
OFF-MARKET
Office buildings
320 Main St Fruitland, MD 21826-1912
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US40-0148287
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1921
Construction
BRICK
Total area
1,592 SF
Lot
0.32 ac (14,136 SF)
Zoning code
R1C
APN
16-007765
UPID
US40-0148287
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
-
Messick's Tax Associates Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jtl Properties LLC · 24 yrs held
Jtl Properties LLC
since 2002
1 recorded transaction
Zoning & alternative use
R1C · Fruitland, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R1C zone is to provide agricultural activities which shall be limited to the growing of fruits, grains and vegetables, churches and related structures, single family detached dwelling, duplex houses as part of a mini cluster development, public or privately owned and operated golf courses
Zone name
General Residential
General category
RESIDENTIAL
Zone area
1,041.77 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$667
Tax year 2023
Assessed value
$66,900
Assessed 2023
Previous assessed
$66,900
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$20,200
Assessed improvement
$46,700
Land market value
$20,200
Improvement market value
$46,700
Total market value
$66,900
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
1921
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Total area
1,592 SF
Lot
0.32 ac (14,136 SF)
Zoning code
R1C
APN
16-007765
UPID
US40-0148287
Jurisdiction
WICOMICO
Zoning & alternative use
R1C · Fruitland, MDZoning R1C · permitted uses
R1C · Fruitland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R1C zone is to provide agricultural activities which shall be limited to the growing of fruits, grains and vegetables, churches and related structures, single family detached dwelling, duplex houses as part of a mini cluster development, public or privately owned and operated golf courses
Zone name
General Residential
General category
RESIDENTIAL
Zone area
1,041.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1921
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jtl Properties LLC
Entity
Mailing address
320 E MAIN ST, FRUITLAND, MD 21826-1912
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2002
$65,000
Jtl Properties LLC
Gladden,elbert E & Drusilla C
Grant Deed
$65,000 · Elbert E & Drusilla C Gladden
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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