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Property profile & analytics
OFF-MARKET
Estimated value
$9,390,000
Hotels
104 Chesapeake Ctr Ct Glen Burnie, MD 21060-6529
Trust Owned
22-yr Hold
Free & Clear
Property ID
US40-2408381
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2004
Total area
43,305 SF
Lot
4.21 ac (183,388 SF)
Zoning code
C3
APN
05-000-90212060
UPID
US40-2408381
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
-
Extended Stay America - Baltimore - Glen Burnie Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.02M
Blend (final)
Blend
$9.39M
Owner & transaction history
Bre Of Esa Maryland Props Busn Trust · 22 yrs held
Bre Of Esa Maryland Props Busn Trust
since 2004
4 recorded transactions
Zoning & alternative use
C3 · Glen Burnie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$14.4M
+54.7%
Office building
$10.8M
+16.2%
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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,335,000
Current use
WAREHOUSE, STORAGE
$14,440,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$10,845,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$9.39M
Range $8.45M – $10.33M · ±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
$217 / 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
$76,590
Tax year 2023
Assessed value
$7,013,733
Assessed 2023
Previous assessed
$6,903,200
+1.6% YoY
Effective rate
1.09%
On assessed value
Land market value
$2,020,800
Improvement market value
$5,214,000
Total market value
$7,234,800
Applied tax rate
5.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Stories
3
Units
1
Total area
43,305 SF
Lot
4.21 ac (183,388 SF)
Zoning code
C3
APN
05-000-90212060
UPID
US40-2408381
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Glen Burnie, MD
Zoning C3 · permitted uses
C3 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.3M
WAREHOUSE, STORAGE
Est. value
$14.4M
OFFICE BUILDING
Est. value
$10.8M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
HEAT PUMP
Stories
3
Units
1
Lot
4.21 ac
Current owner
From public records · entity-resolved
Bre Of Esa Maryland Props Busn Trust
Trust
Free & Clear · 22 yrs held
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Esa P Portfolio Md LLC
—
Deed
related
$9,280,000 · Jpmorgan Chase Bank NA
Jun 30, 2021
—
Esa P Portfolio Md LLC
—
Deed
related
$8,981,500 · Jpmorgan Chase Bank NA
Jun 29, 2004
—
Bre Of Esa Maryland Props Busn Trust
Esa Maryland INC
Quit Claim Deed
related
—
Feb 27, 2004
$685,000
Esa Maryland INC
Gb Plaza LLC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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