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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Strip malls
356 Romancoke Rd, Stevensville, MD 21666-2623
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0926434
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
BRICK
Total area
5,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
UC
APN
04-107144
UPID
US40-0926434
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
-
SHORE SIDE CARPET & FLOORING General Contractor Renovation Specialist
-
Carini's Pizza Subs & Pasta Restaurant
-
FANCY NAILS Nail Salon
-
Vape Bird Beer Wine & Liquor (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
H D H LLC · 5 yrs held
H D H LLC
since 2021
Last sale
$850,000
3 recorded transactions
Zoning & alternative use
UC · Stevensville, 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 Stevensville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stevensville 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
$910,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$845,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$725,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$720,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$615,000
Change: 0% · Conversion: Moderate
WAREHOUSE, STORAGE
$540,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $850k (May 27 2021)
Last sale anchor
$850k
May 27 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
$176 / 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
$5,512
Tax year 2023
Assessed value
$585,100
Assessed 2023
Previous assessed
$585,100
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$463,300
Assessed improvement
$121,800
Land market value
$463,300
Improvement market value
$121,800
Total market value
$585,100
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
BRICK
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
UC
APN
04-107144
UPID
US40-0926434
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
UC · Stevensville, MD
Zoning UC · permitted uses
UC · Stevensville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stevensville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$725,000
RETAIL STORES
Est. value
$720,000
OFFICE BUILDING
Est. value
$615,000
WAREHOUSE, STORAGE
Est. value
$540,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1997
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
H D H LLC
Entity
Mailing address
211 MCKAY RD, STEVENSVILLE, MD 21666-2743
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
$850,000
H D H LLC
A Gregory Chaires
Deed
$680,000 · The Queenstown Bank Of Maryland
Mar 19, 2004
$318,000
Allan G Chaires
Futrovsky Mark E
Trustees Deed
$360,000 · Queenstown Bank Maryland
—
—
A Gregory Chaires
—
Deed Of Trust
related
$260,000 · Queenstown Bank 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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