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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Strip malls
5610 Market St Snow Hill, MD 21863-2411
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-2385941
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
BRICK
Total area
5,000 SF
Lot
1.73 ac (75,359 SF)
Zoning code
B-2
APN
02-004747
UPID
US40-2385941
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
-
Four Seasons Pizza LLC Restaurant
-
Snowhill Pharmacy Inc Pharmacy
-
Exxon Gas Station
-
Citgo Gas Station
-
ATM (Duck In II Convenience) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Hamad Group LLC · 3 yrs held
Hamad Group LLC
since 2023
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
B-2 · Snow Hill, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Funeral and mortuary services may be permitted by the Board of Appeals as a special exception in the R-2 and R-3 Districts and shall be permitted in the B-2 District subject to the following conditions: A. All funeral vehicles are housed when not in use; B. Adequate off-street parking and loading spaces are provided, but not in any front yard or street side…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
35.68 ac
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 Snow Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snow Hill 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
$815,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,270,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$1,000,000
Change: 0% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$975,000
Change: 0% · Conversion: Difficult
RESTAURANT
$725,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$545,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$515,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $800k (Mar 22 2023)
Last sale anchor
$800k
Mar 22 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
$161 / 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
$11,598
Tax year 2023
Assessed value
$612,200
Assessed 2023
Previous assessed
$613,100
-0.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$223,500
Assessed improvement
$388,700
Land market value
$223,500
Improvement market value
$388,700
Total market value
$612,200
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,000 SF
Lot
1.73 ac (75,359 SF)
Zoning code
B-2
APN
02-004747
UPID
US40-2385941
Jurisdiction
WORCESTER
Zoning & alternative use
B-2 · Snow Hill, MDZoning B-2 · permitted uses
B-2 · Snow Hill, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Funeral and mortuary services may be permitted by the Board of Appeals as a special exception in the R-2 and R-3 Districts and shall be permitted in the B-2 District subject to the following conditions: A. All funeral vehicles are housed when not in use; B. Adequate off-street parking and loading spaces are provided, but not in any front yard or street side yard; C. No sign is displayed other than a wall-mounted or freestanding name sign not exceeding 10 square feet in area.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
35.68 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$975,000
RESTAURANT
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$545,000
RETAIL STORES
Est. value
$515,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Hamad Group LLC
Entity
Mailing address
12008 TURTLE ML RD, BISHOPVILLE, MD 21813-1479
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
Mar 22, 2023
—
Hamad Group LLC
Muhanad Hamad
Intrafamily Transfer
related
—
May 11, 2016
—
Muhanad Hamad
—
Deed
related
$200,000 · Bank Of Ocean Cty
Jul 3, 2002
$800,000
Muhanad M Hamad
Barcly Enterprises INC
Grant Deed
$475,000 · Peninsula Bank
Aug 7, 1997
$505,000
Barcly Ents INC Co
Duck In INC
Grant Deed
related
$525,000 · Peninsula Bk
—
—
Muhanad Hamad
—
Deed Of Trust
related
$200,000 · Bank Of Ocean Cty
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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