Property profile

121 Cathedral St Annapolis, MD 21401

OFF-MARKET
Office buildings
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Property ID
US40-1105523
15,732 SF 0.23 ac
Last sale Jul 2024·$1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$1.72M
Assessed land$614k
Assessed improvement$1.11M
Effective rate1.44%

Value estimate

· Nov 2026
$1.82M
$1.63M – $2.00M
CAP approach$1.81M
Submarket $/SF estimate$2.24M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$559/SF
ZIP average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$278 – $821
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MX
The Mixed Use district is designed to encourage a mixture of residential, office and retail uses within the inner West Street corridor co...
General categoryMIXED_USE
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.4
Dry Cleaner9.1
Food Market8.9

Location

121 Cathedral St Annapolis, MD 21401-2777
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Old Solomons Is, Annapolis, MD 21401 $1,225,000 Feb 2026 4,303 SF
190 Main, Annapolis, MD 21401 $3,300,000 Jun 2025 9,330 SF
49 College, Annapolis, MD 21401-1619 $1,350,000 Feb 2025 4,365 SF
25 Shaw, Annapolis, MD 21401-2717 $2,100,000 Aug 2024 8,239 SF
2553 Housley, Annapolis, MD 21401-6768 $2,425,000 May 2024 12,464 SF
149 Ww, Annapolis, MD 21401 $9,500,000 Nov 2023 40,180 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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