Property profile

701 Washington Ave Chestertown, MD 21620

OFF-MARKET
Retail space
Property ID
US40-0725253
14,378 SF 1.3 ac lot Built 2009
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Total area 14,378 SF
Lot 1.3 ac (56,628 SF)
Zoning code C-1
APN 04-016548
UPID US40-0725253

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
  • (Bike/Boat/Book/etc) Store
  • Dental Office
  • Pharmacy
  • Pharmacy
  • Bank Loan Service

Location

701 Washington Ave Chestertown, MD 21620-1001
Chestertown metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$9.8M
2016
Price N/A
2016
Price N/A
2014
$9.6M
2010
$7.1M
2008
$1.5M

Zoning & alternative use

C-1 · Chestertown, MD
Zoning description

The purpose of C-1 zone is to provide appropriate locations for a wide variety of auto related, commercial and miscellaneous service activities

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.7M +26.7%

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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