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Property profile & analytics

115 Cathedral St Annapolis, MD 21401-2790

  • Office buildings
  • 3,072 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
May 14, 2024
$755,000
Value Estimations
$760,000
Show details
Cap Rate Potential
3%
Office buildings
Location Intelligence
Property ID
US40-0417755
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dowling John J / Attorney
  • Annapolis Transportation Solutions / Chauffeur Service / Airport Shuttle Service
  • Affordable Accounting / Accountant

Property Details for 115 Cathedral St

Year built
1965
Lot size
0.06 lot acres
Property size
3,072 SF
Zone code
MX
Property type
Office buildings
APN
06-000-09057300
APU
600009057300

Description

This exceptional mixed-use property at 115 Cathedral Street in Annapolis, Maryland, presents a unique investment opportunity. The building, a Class B office space totaling 3,150 square feet, was constructed in 1965 and offers a highly desirable downtown location. Its prime position provides unparalleled convenience, situated within walking distance of key government buildings including the State and County Office Buildings, the Court House, and the State Capital building. The Annapolis City Dock is also easily accessible on foot, placing the property at the heart of the city's vibrant social and commercial scene. The building's versatility is further enhanced by a recently renovated two-bedroom apartment on the second floor, offering additional income potential or private residential space. This makes it ideal for a variety of professional uses, particularly for attorneys, lobbyists, or any business seeking a prestigious downtown address. Ample parking is available, adding to the property's appeal. The surrounding area boasts a wealth of amenities, including a wide selection of restaurants, taverns, hotels, coffee shops, and entertainment venues, creating a thriving and convenient environment for both business and personal pursuits. The asking price for this remarkable property is $787,500. This presents a compelling opportunity to acquire a well-located, income-generating asset in the thriving city of Annapolis. The property's zip code is 21401, and it is located in Anne Arundel County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $755,000
    ML approach
    $755,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $794,000
    Market price range: $438k - $1.54M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Annapolis
County
Anne Arundel
State
Maryland
Longitude
-76.4954
Latitude
38.9778
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,956
$439,500
$184,200
$623,700
-
$439,500
$184,200
$623,700
More about this property
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