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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Retail space
1117 State Rte 3rd N Gambrills, MD 21054-1793
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-0087187
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Total area
14,400 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C2
APN
02-000-06753600
UPID
US40-0087187
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
$3.14M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$2.51M
Owner & transaction history
Vv Commercial Center LLC · 21 yrs held
Vv Commercial Center LLC
since 2004
6 recorded transactions
Zoning & alternative use
C2 · Gambrills, 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 Gambrills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gambrills 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%
$3,395,000
6.5%
$3,135,000
7%
$2,910,000
Blend value · Realmo final
$2.51M
Range $2.26M – $2.76M · ±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
$174 / 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
$32,882
Tax year 2023
Assessed value
$3,011,200
Assessed 2023
Previous assessed
$3,011,200
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$888,500
Assessed improvement
$2,122,700
Land market value
$888,500
Improvement market value
$2,122,700
Total market value
$3,011,200
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
14,400 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C2
APN
02-000-06753600
UPID
US40-0087187
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C2 · Gambrills, MD
Zoning C2 · permitted uses
C2 · Gambrills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gambrills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Vv Commercial Center LLC
Entity
Mailing address
1117 STATE RTE 3RD N STE #201, GAMBRILLS, MD 21054-1795
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
—
The Vv Commercial Center LLC
—
Deed
related
$2,900,000 · Sandy Spring Bank
Mar 23, 2009
—
Vv Commercial Center LLC
—
Deed Of Trust
related
$3,050,000 · Adams National Bank
Oct 5, 2004
$550,000
Vv Commercial Center LLC
Sears,ray
Grant Deed
$345,000 · First Mariner Bank
—
—
Carolina Blues LLC
—
Deed Of Trust
related
$3,050,000 · Adams National Bank
—
—
Vv Commercial Center LLC
—
Deed Of Trust
related
$3,200,000 · Branch Banking & Trust Co
—
—
Vv Commercial Center LLC
—
Deed Of Trust
related
$3,185,740 · Premier Bank
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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