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Property profile & analytics
OFF-MARKET
Investment properties
Cecil Ave North East, MD 21901
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-1753297
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1997
Construction
WOOD
Total area
3,282 SF
Lot
0.23 ac (10,148 SF)
Zoning code
RO
APN
05-001870
UPID
US40-1753297
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
Mason Dixon Realty INC · 9 yrs held
Mason Dixon Realty INC
since 2016
5 recorded transactions
Zoning & alternative use
RO · North East, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is meant to provide for a mixture of residential uses and business uses. It permits business uses not unduly disruptive of a high-density residential area. In addition, it is the intent of the Town to insure that new development and redevelopment in the district maintains an appropriate scale and character consistent with the surrounding neighb…
Zone name
Residential Office District
General category
MIXED_USE
Zone area
7.25 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 North East submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North East 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
$5,974
Tax year 2023
Assessed value
$318,500
Assessed 2023
Previous assessed
$318,500
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$151,400
Assessed improvement
$167,100
Land market value
$151,400
Improvement market value
$167,100
Total market value
$318,500
Applied tax rate
40.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
3,282 SF
Lot
0.23 ac (10,148 SF)
Zoning code
RO
APN
05-001870
UPID
US40-1753297
Jurisdiction
CECIL
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
RO · North East, MDZoning RO · permitted uses
RO · North East, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is meant to provide for a mixture of residential uses and business uses. It permits business uses not unduly disruptive of a high-density residential area. In addition, it is the intent of the Town to insure that new development and redevelopment in the district maintains an appropriate scale and character consistent with the surrounding neighborhoods.
Zone name
Residential Office District
General category
MIXED_USE
Zone area
7.25 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Mason Dixon Realty INC
Entity
Mailing address
PO BOX 707, RISING SUN, MD 21911-0707
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2016
—
Mason Dixon Realty INC
—
Deed
related
$150,000
Aug 6, 2009
—
Mason Dixon Realty INC
—
Deed Of Trust
related
$1,425,000 · Nbrs Financial Bank
—
—
Mason Dixon Realty INC
—
Deed Of Trust
related
$100,000 · Earle O & Darlene Gilbert
—
—
Mason Dixon Realty INC
—
Deed Of Trust
related
$125,000 · Harold E & Diana S Demond
—
—
Mason Dixon Realty INC
—
Deed Of Trust
related
$150,000
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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