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Property profile & analytics
OFF-MARKET
Estimated value
$5,155,000
Turn key restaurants
46555 Dennis Pt Way, Drayden, MD 20630-3212
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0983094
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,908 SF
Lot
49.14 ac (2,140,538 SF)
Zoning code
RPD
APN
02-006146
UPID
US40-0983094
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
-
Captain Pat’s Seafood Restaurant
-
Dennis Point Marina & Campground Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.16M
Owner & transaction history
Dennis Point Holdings LLC · 2 yrs held
Dennis Point Holdings LLC
since 2023
Last sale
$5.4M
5 recorded transactions
Zoning & alternative use
RPD · Drayden, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Drayden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Drayden 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
$4,650,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.16M
Range $4.64M – $5.67M · ±10% · vs last sale $5.41M (Aug 2 2023)
Last sale anchor
$5.41M
Aug 2 2023
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
$2,702 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$32,722
Tax year 2023
Assessed value
$3,059,867
Assessed 2024
Previous assessed
$3,059,867
+0.0% YoY
Effective rate
1.07%
On assessed value
Land market value
$2,473,400
Improvement market value
$641,100
Total market value
$3,114,500
Applied tax rate
2.0000
Comparables
2 recent transactions · within 1.5 miComparable in this city
2 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
6
Bathrooms
10
Total area
1,908 SF
Lot
49.14 ac (2,140,538 SF)
Zoning code
RPD
APN
02-006146
UPID
US40-0983094
Jurisdiction
ST MARY'S
Zoning & alternative use
RPD · Drayden, MD
Zoning RPD · permitted uses
RPD · Drayden, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Drayden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
5
Units
6
Bathrooms
10
Lot
49.14 ac
Current owner
From public records · entity-resolved
Dennis Point Holdings LLC
Entity
Mailing address
3528 K ST NW, WASHINGTON, DC 20007-3503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$5,405,000
Dennis Point Holdings LLC
Dennis Point Partners LLC
Deed
$4,011,000 · Eagle Bank
Aug 2, 2023
$986
Inga P Dove Treftz
Commissioners Of St Marys County
Quit Claim Deed
related
—
Apr 13, 2006
$3,981,000
Dennis Point Partners LLC
Dennis Point Marina INC
Grant Deed
related
$4,000,000 · Wachovia Bank NA
—
—
Dennis Point Partners LLC
—
Deed Of Trust
related
$2,300,000 · Wells Fargo Bank
—
—
Dennis Point Marina INC
—
Deed Of Trust
related
$202,100 · Us Small Business Admn
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.
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