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Property profile & analytics
OFF-MARKET
Investment properties
105 Gravel Run Rd, Grasonville, MD 21638-1213
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1715038
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2002
Total area
1,040 SF
Lot
0.18 ac (8,000 SF)
Zoning code
GVC
APN
05-044316
UPID
US40-1715038
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
Alexander Hernandez Martinez · 4 yrs held
Alexander Hernandez Martinez
since 2022
Last sale
$295,000
7 recorded transactions
Zoning & alternative use
GVC · Grasonville, 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 Grasonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grasonville 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
$2,031
Tax year 2023
Assessed value
$215,633
Assessed 2023
Previous assessed
$213,067
+1.2% YoY
Effective rate
0.94%
On assessed value
Land market value
$108,000
Improvement market value
$110,200
Total market value
$218,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2002
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
1,040 SF
Lot
0.18 ac (8,000 SF)
Zoning code
GVC
APN
05-044316
UPID
US40-1715038
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
GVC · Grasonville, MD
Zoning GVC · permitted uses
GVC · Grasonville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grasonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Alexander Hernandez Martinez
Individual
Mailing address
105 GRAVEL RUN RD, GRASONVILLE, MD 21638-1213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$295,000
Alexander Hernandez Martinez
Colin C Carmello
Deed
$286,150 · Redwood Capital INC
Jan 10, 2018
—
Colin C Carmello
—
Deed
related
$209,950 · Academy Mortgage Corp
Aug 3, 2017
$221,000
Colin C Carmello
Russell W Patterson JR
Deed
$209,950 · Academy Mortgage Corp
Jun 25, 2007
$245,000
Russell W Patterson JR
Craig M Jones
Deed
—
Aug 15, 2003
$58,560
Craig M Jones
Jones,craig M & Brad M
Grant Deed
related
$123,000 · Homecomings Financial Network
Jan 8, 2002
$119,900
Craig M Jones
Saunders Construction Co
Grant Deed
$118,958 · Chancellor Mortgage Svcs INC
Oct 25, 2001
$89,900
Saunders Construction Co
Waterman INC
Grant Deed
$200,000 · Queenstown Bank Maryland
—
—
Craig M Jones
—
Deed Of Trust
related
$25,000 · Branch Banking & Trust Co
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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