Property profile

415 Morgnec Rd Chestertown, MD 21620

OFF-MARKET
Hospitals
Property ID
US40-0891461
41,046 SF 5.11 ac lot Built 1994
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1994
Construction BRICK
Total area 41,046 SF
Lot 5.11 ac (222,592 SF)
Zoning code R-3
APN 04-026381
UPID US40-0891461

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community
  • Park
  • Physician
  • Nursing Home
  • Pediatrician Physician

Location

415 Morgnec Rd Chestertown, MD 21620-1046
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.84M

Owner & transaction history

since 2020
Last sale
$8.5M
7 recorded transactions
2023
Price N/A
2020
$8.5M
2018
Price N/A
2014
$4.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-3 · Chestertown, MD
Zoning description

The purpose of R-3 zone is to preserve existing single and two family neighborhoods, which are characterized by a variety of residential land uses, buildings and structures

General category RESIDENTIAL

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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