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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Outlet malls
625 Calvert Bch Rd, Saint Leonard, MD 20685-2877
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1031959
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2017
Total area
9,372 SF
Lot
1.81 ac (78,844 SF)
Zoning code
TC
APN
01-005065
UPID
US40-1031959
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
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
-
Dollar General Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$2.01M
Owner & transaction history
Srp St Leonard LLC · 5 yrs held
Srp St Leonard LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
TC · Saint Leonard, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+12.9%
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 Saint Leonard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Leonard 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
$2,145,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,890,000
Current use
COMMERCIAL (GENERAL)
$2,130,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$1,795,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.00M (Feb 12 2021)
Last sale anchor
$2.00M
Feb 12 2021
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
$214 / 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
$20,355
Tax year 2023
Assessed value
$1,959,100
Assessed 2023
Previous assessed
$1,945,433
+0.7% YoY
Effective rate
1.04%
On assessed value
Assessed land
$400,000
Assessed improvement
$1,559,100
Land market value
$400,000
Improvement market value
$1,559,100
Total market value
$1,959,100
Applied tax rate
1.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2017
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
2
Total area
9,372 SF
Lot
1.81 ac (78,844 SF)
Zoning code
TC
APN
01-005065
UPID
US40-1031959
Jurisdiction
CALVERT
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
TC · Saint Leonard, MD
Zoning TC · permitted uses
TC · Saint Leonard, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Leonard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2017
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Srp St Leonard LLC
Entity
Mailing address
PO BOX 3844, WILMINGTON, DE 19807-0844
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$2,000,000
Srp St Leonard LLC
Saint Leonard Dst
Deed
$1,500,000 · Howard Bank
Oct 10, 2017
—
Saint Leonard Dst
—
Deed
$1,500,000 · Peoples Sec Bk&tr
Aug 25, 2016
$350,000
St Leonard Dg LLC
Island Creek Investments INC
Grant Deed
$350,000 · Branch Bk&tr
Jul 12, 2016
—
Island Creek Investments INC
Litten,laura L
Grant Deed
related
$24,000 · Patrick & Vickie Gioffre
Mar 11, 2016
—
Island Creek Investments LLC
Litten,laura L
Grant Deed
$24,000 · Patrick & Vickie Gioffre
Aug 20, 2003
$184,250
Litten Commercial LLC
Hocking,mark E & Tammy R
Grant Deed
$140,000 · Calvert Bank & Trust Co
Apr 5, 2001
$159,000
Mark E Hocking
Bright,wylma M
Grant Deed
$149,000 · Bright Trust
Apr 5, 2001
—
Marital Trust
W Paul Bright Estate
Grant Deed
related
—
—
—
Saint Leonard Dst
—
Deed Of Trust
$1,500,000 · Peoples Sec Bk&tr
—
—
Litten Commercial LLC
—
Deed Of Trust
related
$111,000 · Patrick & Vickie Gioffre
—
—
Island Creek Investments INC
—
Deed Of Trust
related
$24,000 · Patrick & Vickie Gioffre
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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