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Property profile & analytics
OFF-MARKET
Manufacturing properties
7th St Crisfield, MD 21817
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1677007
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
6,400 SF
Lot
0.81 ac (35,134 SF)
Zoning code
I-1
APN
07-112025
UPID
US40-1677007
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Crab Cruise Real Estate LLC · 1 yrs held
Crab Cruise Real Estate LLC
since 2025
4 recorded transactions
Zoning & alternative use
I-1 · Crisfield, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of I-1 zone is to provide for certain manufacturing, processing and warehousing activities as well as certain limited retail activities associated with the primary use
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
59.24 ac
Source
Realmo
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 Crisfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crisfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,875
Tax year 2023
Assessed value
$258,500
Assessed 2023
Previous assessed
$259,000
-0.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$178,600
Assessed improvement
$79,900
Land market value
$178,600
Improvement market value
$79,900
Total market value
$258,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
HOT WATER
Stories
2
Units
1
Total area
6,400 SF
Lot
0.81 ac (35,134 SF)
Zoning code
I-1
APN
07-112025
UPID
US40-1677007
Jurisdiction
SOMERSET
Zoning & alternative use
I-1 · Crisfield, MDZoning I-1 · permitted uses
I-1 · Crisfield, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of I-1 zone is to provide for certain manufacturing, processing and warehousing activities as well as certain limited retail activities associated with the primary use
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
59.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Stories
2
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Crab Cruise Real Estate LLC
Entity
Mailing address
27880 FARM MARKET RD, MARION STATION, MD 21838-2608
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
$410,000
Crab Cruise Real Estate LLC
Wtk LLC
Deed
$310,000 · Wtk LLC
Jun 24, 2013
$100,000
Wtk LLC
Ballenger Enterprises INC
Grant Deed
—
Jul 13, 2004
$800,000
Ballenger Enterprises INC
Hansen,waldo L & Michelle
Grant Deed
—
—
—
Waldo L Hansen
—
Deed Of Trust
related
$288,000 · Us Small Business Admn
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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