$13 SF/Yr 10,560 SF available

40855 Merchants Ln, Leonardtown, MD 20650
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$15k

Tax billed · 2023

Assessed value$1.36M

Assessed land$235k

Assessed improvement$1.12M

Effective rate1.14%

Value estimate

· Nov 2026

$320k

$288k – $352k

AI approach$310k

NOI build-up

Gross scheduled income$158k

Vacancy & credit loss−$13k

Operating expenses−$44k

NOI$102k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

$102k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionST MARY'S

Location intelligence

Which uses thrive at this corner?

Best fit: Plumbing Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Plumbing Service8.8

Building Supply8.7

Garden Center8.6

40855 Merchants Ln Leonardtown, MD 20650

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby

Address Sale price Sold Size

40865 Merchants, Leonardtown, MD 20650-3769 $1,950,000 Mar 2023 7,656 SF

23130 Moakley, Leonardtown, MD 20650-2918 $950,000 Aug 2021 5,488 SF

23140 Moakley, Leonardtown, MD 20650-2930 $2,775,000 Jan 2021 15,582 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$225,000

8,160 SF

22650 Cedar Ln Ct

MEDICAL BUILDING

22650 Cedar Ln Ct, Leonardtown, MD 20650-4227

View Details
Value Estimation
$1,785,000

7,656 SF

40865 Merchants Ln

MEDICAL BUILDING

40865 Merchants Ln, Leonardtown, MD 20650-3769

View Details
Value Estimation
$2,970,000

15,582 SF

23140 Moakley St

MEDICAL BUILDING

23140 Moakley St, Leonardtown, MD 20650-2930

View Details
Value Estimation
$900,000

5,488 SF

23130 Moakley St

MEDICAL BUILDING

23130 Moakley St, Leonardtown, MD 20650-2918

View Details
Value Estimation
$195,000

4,200 SF

22811 Washington St

MEDICAL BUILDING

22811 Washington St, Leonardtown, MD 20650-3897

View Details
Value Estimation
$165,000

4,167 SF

26772 Pt Lookout Rd

MEDICAL BUILDING

26772 Pt Lookout Rd, Leonardtown, MD 20650-4905

View Details

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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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40855 Merchants Ln Leonardtown, MD 20650