Property profile

621 Morgnec Rd Chestertown, MD 21620

OFF-MARKET
Warehouses
Property ID
US40-1001807
19,408 SF 7.57 ac lot Built 1967
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Construction BRICK
Total area 19,408 SF
Lot 7.57 ac (329,706 SF)
Zoning code LI-2
APN 04-000927
UPID US40-1001807

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
  • Agricultural Supply

Location

621 Morgnec Rd Chestertown, MD 21620-3104
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2018
Price N/A

Zoning & alternative use

LI-2 · Chestertown, MD
Zoning description

-2 Districts. (3) Carwashes and automobile laundries, automatic or otherwise, which provide reservoir space for not less than ten (10) vehicles for each washing lane of an employee operated facility in the C-1, LI-1 and…

General category INDUSTRIAL

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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