Property profile

108 Forbes St Annapolis, MD 21401

OFF-MARKET
Medical Office Space
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Property ID
US40-1132926
14,549 SF 0.51 ac Built 1991
Last sale Mar 2010·$3,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 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?
$46k
Tax billed · 2023
Assessed value$3.17M
Assessed land$900k
Assessed improvement$2.27M
Effective rate1.44%

Value estimate

· Nov 2026
$2.25M
$2.02M – $2.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$366/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$186 – $483

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?
P
The Professional Office district is designed to accommodate office and institutional uses of a nature that will be compatible with the ch...
General categoryCIVIC_INSTITUTIONAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.7
Barber Shop10.5
Smoke and Vape Shop10.2

Location

108 Forbes St Annapolis, MD 21401-1545
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Oak, Annapolis, MD 21401-7017 $700,000 Dec 2022 1,325 SF
203 Ridgely, Annapolis, MD 21401-1303 $3,300,000 Sep 2022 11,680 SF
820 Bestgate, Annapolis, MD 21401-3404 $15,000,000 Apr 2021 41,474 SF
2568 Riva, Annapolis, MD 21401-7405 $2,612,500 Feb 2021 8,370 SF
2114 Generals, Annapolis, MD 21401-7488 $2,950,000 Dec 2018 6,236 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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