Property profile

3693 Choptank Rd Preston, MD 21655

OFF-MARKET
Warehouses
Property ID
US40-2270748
1,872 SF 6.8 ac lot Built 1980
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction BRICK
Total area 1,872 SF
Lot 6.8 ac (296,208 SF)
Zoning code I
APN 04-011635
UPID US40-2270748

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3693 Choptank Rd Preston, MD 21655
Preston metro Census 955500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.05M

Owner & transaction history

since 2023
Last sale
$6.4M
3 recorded transactions
2023
$6.4M
2004
$450,000
1969
Price N/A

Zoning & alternative use

I · Preston, MD
Zoning description

I Industrial District. § 210-23 Application of district regulations. A. Conformance required. Except as hereinafter specified no land, building, structure, or premises shall be hereafter occupied or used, and no building…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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