Property profile

724 Water St Charlestown, MD 21914

OFF-MARKET
Commercial real estate
Property ID
US40-1825850
2,400 SF 0.4 ac lot Built 1987
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Total area 2,400 SF
Lot 0.4 ac (17,424 SF)
Zoning code RR
APN 05-010098
UPID US40-1825850

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
  • Marina

Location

724 Water St Charlestown, MD 21914-1178
Charlestown metro Census 30907 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
$460k
Comparable Approach Comparable
$547k
Blend (final) Blend
$325k

Owner & transaction history

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

Zoning & alternative use

RR · Charlestown, MD
Top alternative use upside
Office building $465,000 +53.2%
Retail stores $455,000 +50.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 724 Water St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message