Property profile

507 Washington Ave Chestertown, MD 21620

OFF-MARKET
Strip malls
Property ID
US40-0044376
4,748 SF 0.42 ac lot Built 1959
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Construction BRICK
Total area 4,748 SF
Lot 0.42 ac (18,450 SF)
Zoning code C-1
APN 04-016858
UPID US40-0044376

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
  • Barber Shop

Location

507 Washington Ave Chestertown, MD 21620-1217
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2020
Last sale
$650,000
7 recorded transactions
2020
Price N/A
2013
Price N/A
2013
Price N/A
2012
Price N/A
2011
Price N/A
2011
$487,500
2008
$650,000

Zoning & alternative use

C-1 · Chestertown, MD
Zoning description

The purpose of C-1 zone is to provide appropriate locations for a wide variety of auto related, commercial and miscellaneous service activities

General category COMMERCIAL

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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