New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
520 Race St, Cambridge, MD 21613-2332
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-2061915
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1905
Construction
BRICK
Total area
5,276 SF
Lot
0.14 ac (6,018 SF)
Zoning code
C-2
APN
07-168748
UPID
US40-2061915
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
-
Lil' Bitta Bull BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
520 Race Street LLC · 3 yrs held
520 Race Street LLC
since 2023
Last sale
$412,500
6 recorded transactions
Zoning & alternative use
C-2 · Cambridge, 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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,894
Tax year 2023
Assessed value
$210,667
Assessed 2023
Previous assessed
$207,900
+1.3% YoY
Effective rate
1.85%
On assessed value
Land market value
$30,000
Improvement market value
$186,200
Total market value
$216,200
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1905
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
5,276 SF
Lot
0.14 ac (6,018 SF)
Zoning code
C-2
APN
07-168748
UPID
US40-2061915
Jurisdiction
DORCHESTER
Zoning & alternative use
C-2 · Cambridge, MD
Zoning C-2 · permitted uses
C-2 · Cambridge, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
520 Race Street LLC
Entity
Mailing address
5912 HERITAGE RD, EAST NEW MARKET, MD 21631-1403
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$412,500
520 Race Street LLC
Charles J Copolla II
Deed
$360,000 · William J Collier Revocable Trust
Nov 30, 2010
$150,000
Charles J Cipolla II
Hopkin,catherine K
Grant Deed
—
Jul 26, 2004
$212,500
Race Street Project 520 LLC
Cipolla,charles J
Grant Deed
$180,000 · Charles J Cipolla
Nov 20, 2002
$80,000
Charles J Cipolla
Marjolane,m Wooten Tr
Grant Deed
—
Mar 2, 2000
$90,000
Rookard Family LLC
Wroten,robert P & Faye H
Grant Deed
$70,000 · Bank Of The Eastern Shore
—
—
Race Street Project 520 LLC
—
Deed Of Trust
related
$395,000 · Terri H Easter
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 520 Race St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.