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Property profile & analytics
FOR LEASE
Retail space
3700 Churchville Rd, Aberdeen, MD 21001
Entity Owned
12-yr Hold
Free & Clear
Property ID
US40-2354946
For Lease
$2,250,000
3700 Churchville Rd, Aberdeen, MD 21001
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Total area
11,280 SF
Lot
12.67 ac (551,905 SF)
Zoning code
IBD
APN
02-065347
UPID
US40-2354946
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
-
Screaming Bean, LLC Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$2.25M
Owner & transaction history
I-95 Center LLC · 12 yrs held
I-95 Center LLC
since 2014
7 recorded transactions
Zoning & alternative use
IBD · Aberdeen, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+25.3%
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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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%
$2,660,000
6.5%
$2,455,000
7%
$2,280,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,815,000
Current use
AUTO REPAIR, GARAGE
$3,525,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,585,000
Change: -8% · Conversion: Easy
OFFICE BUILDING
$2,275,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$199 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$27,511
Tax year 2022
Assessed value
$4,820,900
Assessed 2023
Previous assessed
$4,721,100
+2.1% YoY
Effective rate
0.57%
On assessed value
Assessed land
$2,121,600
Assessed improvement
$2,699,300
Land market value
$2,121,600
Improvement market value
$2,699,300
Total market value
$4,820,900
Applied tax rate
200.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2022
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
11,280 SF
Lot
12.67 ac (551,905 SF)
Zoning code
IBD
APN
02-065347
UPID
US40-2354946
Jurisdiction
HARFORD
Zoning & alternative use
IBD · Aberdeen, MD
Zoning IBD · permitted uses
IBD · Aberdeen, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2022
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
12.67 ac
Current owner
From public records · entity-resolved
I-95 Center LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1007 BEARDS HL RDA, ABERDEEN, MD 21001-2255
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2018
—
1-95 Center LLC
—
Loan Modification
related
$3,000,000 · Peoples Bk
Jun 9, 2014
$1,085,180
I-95 Center LLC
945 Gilbert Road LLC
Grant Deed
—
Jun 9, 2014
$175,358
I-95 Center LLC
3700 Churchville Road LLC
Grant Deed
—
Apr 28, 2008
—
945 Gilbert Road LLC
—
Deed Of Trust
related
$5,500,000 · Peoples Bank
Dec 23, 2004
$370,000
3700 Churchville Road LLC
Elizabeth B Solley
Grant Deed
$425,000 · Mercantile Cnty Bk
Oct 14, 2004
$1,300,000
945 Gilbert Road LLC
Mcnamee,william D
Grant Deed
$1,100,000 · Forest Hill State Bank
—
—
945 Gilbert Road LLC
—
Deed Of Trust
related
$4,500,000 · Mercantile County Bank
—
—
3700 Churchville Road LLC
—
Deed Of Trust
related
$4,500,000 · Mercantile Cnty Bk
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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