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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
7260 60th Foot Rd, Pittsville, MD 21850-2174
Entity Owned
~
Est. High Equity
Property ID
US40-1515481
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Total area
9,301 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C 2
APN
04-012550
UPID
US40-1515481
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
-
Dollar General Discount Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$1.82M
Owner & transaction history
Soquel Realty LLC
Soquel Realty LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C 2 · Pittsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+57.5%
Industrial (general)
$1.9M
+12.3%
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 Pittsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,675,000
Current use
AUTO REPAIR, GARAGE
$2,635,000
Change: +57% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,880,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,605,000
Change: -4% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,435,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.53M (Jul 20 2025)
Last sale anchor
$1.53M
Jul 20 2025
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
$196 / 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
$12,832
Tax year 2023
Assessed value
$1,286,433
Assessed 2023
Previous assessed
$1,267,000
+1.5% YoY
Effective rate
1.00%
On assessed value
Land market value
$240,000
Improvement market value
$1,085,300
Total market value
$1,325,300
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2012
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
9,301 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C 2
APN
04-012550
UPID
US40-1515481
Jurisdiction
WICOMICO
Zoning & alternative use
C 2 · Pittsville, MD
Zoning C 2 · permitted uses
C 2 · Pittsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2012
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Soquel Realty LLC
Entity
Mailing address
479 STATE RT 17, MAHWAH, NJ 07430-2116
Ownership since
2025
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
Oct 20, 2025
$1,525,000
Soquel Realty LLC
Fr05 LLC
Deed
$350,000 · Bank Of Ocean City
Jan 20, 2022
—
Fro5 L L C
—
Deed
related
$516,680 · Lakeland Bank
Mar 12, 2012
$1,400,000
Fro5 LLC
Capital Dev Co LLC
Grant Deed
$700,000 · Lakeland Bank
Oct 14, 2011
$420,000
Capital Dev Partners LLC
Derrickson,john C II
Grant Deed
—
Jul 25, 2007
$225,000
John C Derrickson II
Tull,alonzo E & Denise O
Grant Deed
—
Jan 11, 2001
$63,030
Alonzo E Tull
Contimortgage Corp
Grant Deed
$70,000 · Atlantic Capital Funding Corp
—
—
Alonzo E Tull
—
Deed Of Trust
related
$82,600 · Indymac Bank Fsb
—
—
Alonzo E Tull
—
Deed Of Trust
related
$93,500 · Indymac Bank Fsb
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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