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Property profile & analytics
OFF-MARKET
Commercial land
600 Leonards Ln, Cambridge, MD 21613-1471
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-1702200
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.39 ac (147,668 SF)
Zoning code
R
APN
07-133588
UPID
US40-1702200
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
-
Cambridge Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
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
600 Cambridge LLC · 1 yrs held
600 Cambridge LLC
since 2024
Last sale
$80,000
7 recorded transactions
Zoning & alternative use
R · 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
$1,691
Tax year 2023
Assessed value
$91,500
Assessed 2023
Previous assessed
$91,500
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$91,500
Land market value
$91,500
Total market value
$91,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
3.39 ac (147,668 SF)
Zoning code
R
APN
07-133588
UPID
US40-1702200
Jurisdiction
DORCHESTER
Zoning & alternative use
R · Cambridge, MD
Zoning R · permitted uses
R · 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
Heating
NONE
Lot
3.39 ac
Current owner
From public records · entity-resolved
600 Cambridge LLC
Entity
Free & Clear · 1 yrs held
Mailing address
427 CAMPER ST, CAMBRIDGE, MD 21613-1715
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
$80,000
600 Cambridge LLC
Catherine Thomas
Deed
—
Apr 22, 2024
$75,000
Catherine Thomas
Barry Belle SR.
Deed
—
Apr 22, 2024
—
Barry Belle SR.
Barry Belle SR.
Intrafamily Transfer
related
—
Aug 10, 2016
—
More Storage LLC
—
Deed
related
$1,700,000 · 1880 Bank
Aug 9, 2016
—
More Storage LLC
—
Deed
related
$1,700,000 · 1880 Bank
Nov 9, 2015
$105,000
Barry Belle SR
Cambridge Self Storage LLC
Grant Deed
$85,000 · Private Individual
Sep 4, 2014
$475,500
Cambridge Self Storage LLC
Vincent Youmens III
Deed
$427,950 · Provident State Bank INC
—
—
Vincent Youmans III
—
Deed Of Trust
related
$380,000 · Hebron Savings Bank
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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