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Property profile & analytics
OFF-MARKET
Turn key restaurants
98 Cannon St, Chestertown, MD 21620-1582
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-0040589
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
WOOD
Total area
5,094 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CM
APN
04-020677
UPID
US40-0040589
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
-
98 Cannon Restaurant
-
Fish Whistle Restaurant
-
Pumping Station Electrical Substation
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
Uh 98 Cannon LLC · 2 yrs held
Uh 98 Cannon LLC
since 2024
7 recorded transactions
Zoning & alternative use
CM · Chestertown, MD
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 Chestertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestertown 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
$9,809
Tax year 2023
Assessed value
$629,900
Assessed 2023
Previous assessed
$629,900
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$605,700
Assessed improvement
$24,200
Land market value
$605,700
Improvement market value
$24,200
Total market value
$629,900
Applied tax rate
20.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,094 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CM
APN
04-020677
UPID
US40-0040589
Jurisdiction
KENT
Zoning & alternative use
CM · Chestertown, MD
Zoning CM · permitted uses
CM · Chestertown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Uh 98 Cannon LLC
Entity
Free & Clear · 2 yrs held
Mailing address
904 RIV RD, MANCHESTER CENTER, VT 05255-9245
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$690,000
Uh 98 Cannon LLC
98 Cannon Street Proeprties LLC
Deed
—
May 22, 2012
$675,000
98 Cannon Street Properties Ll
Reileys Holdings LLC
Grant Deed
$510,000 · Chesapeake Bank & Trust Co
Jun 13, 2007
$1,919,000
Reiley's Holdings, LLC
Chester River Food Services, INC.
Deed
—
—
—
Chester River Food Svcs INC
—
Deed Of Trust
related
$125,000 · Centreville National Bank Md
—
—
Chester River Food Svcs INC
—
Deed Of Trust
related
$55,000 · Centreville National Bank Md
—
—
Chester River Food Services
—
Deed Of Trust
related
—
—
—
Chester River Food Services INC
—
Deed Of Trust
related
$225,000 · Centreville National Bank Md
—
—
Chester River Food Services INC
—
Deed Of Trust
related
$119,100 · Us Small Business Admn
—
—
Chester River Food Services INC
—
Deed Of Trust
related
$1,240,000 · Centreville National Bank Md
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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