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    Property profile & analytics

    359 Razor Strap Rd North East, MD 21901-2725

    • Investment properties
    • 1,728 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US40-2146410
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 359 Razor Strap Rd

    Year built
    1955
    Lot size
    0.42 lot acres
    Property size
    1,728 SF
    Zone code
    BL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05-058333
    APU
    5058333

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $290,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $295,000
      Mixed-Use
      $275,000
      Hospitality
      $255,000
      Educational
      $280,000
      Residential Income
      $275,000
      Energy
      $265,000
      Income-Based Land
      $275,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    North East
    County
    Cecil
    State
    Maryland
    Longitude
    -75.9569
    Latitude
    39.6073
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,432
    $76,800
    $141,700
    $218,500
    -
    $76,800
    $141,700
    $218,500

    Comparable in this City

    • Value Estimation
      $335,000
      1,344 SF

      34 Cool Spgs Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,344 SF
      34 Cool Spgs Rd, North East, MD 21901-2906
      View Details
    • Value Estimation
      $250,000
      2,270 SF

      72 Leslie Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,270 SF
      72 Leslie Rd, North East, MD 21901-2309
      View Details
    • Value Estimation
      $230,000
      3,118 SF

      35 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,118 SF
      35 Main St, North East, MD 21901-3909
      View Details
    • Value Estimation
      $410,000
      2,860 SF

      101 Ml Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 2,860 SF
      101 Ml Ln, North East, MD 21901-3911
      View Details
    • Value Estimation
      $210,000
      1,420 SF

      410 Razor Strap Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,420 SF
      410 Razor Strap Rd, North East, MD 21901-2719
      View Details
    • Value Estimation
      $260,000
      1,365 SF

      412 Razor Strap Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,365 SF
      412 Razor Strap Rd, North East, MD 21901-2719
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11.52 Acres

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      Specialty property available for purchase on Stewart Road.
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    Similar Nearby for Lease

    • $1,062 /Mo
      750 SF

      Retail Space in North East

      Suites available for tenant fit-out in existing strip center.
      14 Rogers Rd, North East, MD 21901
      View Details
    • $2 SF/Yr

      Land For Rent

      Land available for rent at 30 Lums Rd, North East, MD.
      30 Lums Rd, North East, MD 21901
      View Details
    • Contact for pricing

      Industrial Property in North East, MD

      Industrial property located in North East, Maryland, available for rent.
      40 Bethel Church Rd North, North East, MD 21901
      View Details
    • Contact for pricing

      Commercial Land For Rent

      2.67 acres with convenient access and excellent visibility.
      Sycamore Dr, North East, MD 21901
      View Details
    • $16 SF/Yr
      2,212 SF

      Retail Space Near Cecil College

      Retail space available near I-95 and Cecil College.
      3135 Joseph Biggs Memorial Hwy, North East, MD 21901
      View Details
    • $2,500 /Mo
      2,100 SF

      Office Space Near Interstate 95

      Office space for rent, convenient access to Interstate 95.
      95 S Leslie Rd, North East, MD 21901
      View Details
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    North East, MD 21901-2725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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