New search
Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Warehouses
8880 Mistletoe Dr, Easton, MD 21601-7441
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-1400450
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
27,475 SF
Lot
6.65 ac (289,674 SF)
APN
01-088297
UPID
US40-1400450
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
-
Kangde Xin America LLC (Bike/Boat/Book/etc) Store
-
New Horizon Comm Corporation MD Community Center
-
KDX America, LLC Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$955k
Owner & transaction history
Zig LLC · 10 yrs held
Zig LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10%
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
$35 / 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
$12,941
Tax year 2023
Assessed value
$1,791,100
Assessed 2023
Previous assessed
$1,791,100
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$716,100
Assessed improvement
$1,075,000
Land market value
$716,100
Improvement market value
$1,075,000
Total market value
$1,791,100
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
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
27,475 SF
Lot
6.65 ac (289,674 SF)
APN
01-088297
UPID
US40-1400450
Jurisdiction
TALBOT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
6.65 ac
Current owner
From public records · entity-resolved
Zig LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 160, ST MICHAELS, MD 21663-0160
Ownership since
2016
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
Apr 1, 2016
$1,850,000
Zig LLC
8880 Mistetoe LLC
Deed
—
Apr 25, 2014
—
8880 Mistletoe LLC
Seger Michael W Trust
Deed In Lieu Of Foreclosure
related
—
Aug 27, 2004
—
Seger Michael W Trust
Seger,michael W
Quit Claim Deed
related
—
Jan 29, 2004
$420,000
Michael Seger
Bankers Landing Corp
Grant Deed
—
—
—
8880 Mistletoe LLC
—
Deed Of Trust
related
$3,000,000 · Levine Family Trust
—
—
Seger,michael W Trust
—
Deed Of Trust
related
$411,929 · 29th Street Cwg Jv Holdings I
—
—
8670 Marengo LLC
—
Deed Of Trust
related
$2,999,999 · Nasa FCU
—
—
Seger Michael W Investment Trust
—
Deed Of Trust
related
$1,500,000 · Talbot Bank Of Easton
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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