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Property profile & analytics
OFF-MARKET
Estimated value
$3,875,000
Motels
114 Prince George St, Annapolis, MD 21401
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1138211
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1892
Construction
BRICK
Total area
3,280 SF
Lot
0.17 ac (7,410 SF)
Zoning code
C1
APN
06-000-00579620
UPID
US40-1138211
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
$3.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.88M
Owner & transaction history
Gibsons LLC · 4 yrs held
Gibsons LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
C1 · Annapolis, 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 Annapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis 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
$3,870,000
ML approach
$3,830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.88M
Range $3.49M – $4.26M · ±10% · vs last sale $3.90M (Feb 2 2022)
Last sale anchor
$3.90M
Feb 2 2022
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
$1,181 / 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
$14,193
Tax year 2023
Assessed value
$988,400
Assessed 2023
Previous assessed
$988,400
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$556,000
Assessed improvement
$432,400
Land market value
$556,000
Improvement market value
$432,400
Total market value
$988,400
Applied tax rate
1.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1892
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Total area
3,280 SF
Lot
0.17 ac (7,410 SF)
Zoning code
C1
APN
06-000-00579620
UPID
US40-1138211
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C1 · Annapolis, MD
Zoning C1 · permitted uses
C1 · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1892
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gibsons LLC
Entity
Mailing address
48 S RIV RD S, EDGEWATER, MD 21037-1425
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$3,900,000
Gibsons LLC
Gibsons Lodging Limited Partnership
Deed
$2,730,000 · Sandy Spring Bank
Feb 8, 2018
—
Gibsons Loding LP
—
Deed
related
$200,000 · Sandy Spring Bk
Jun 20, 2017
$1,800,000
Sandy Spring Bk
Gibsons Lodging LP
Grant Deed
related
—
Aug 23, 2016
—
Gibsons Lodging LP
—
Deed
related
$181,908 · Sandy Spring Bk
Mar 10, 2010
—
Gibsons Lodging LP
—
Deed Of Trust
related
$1,250,000 · Sandy Spring Bank
—
—
Gibsons Lodging
—
Deed Of Trust
related
$250,000 · Centreville National Bank Md
—
—
Gibsons Lodging LP
—
Deed Of Trust
related
$181,908 · Sandy Spring Bk
—
—
Gibsons Lodging LP
—
Loan Modification
related
$250,000 · Sandy Spring Bk
—
—
Gibsons Loding LP
—
Deed Of Trust
related
$200,000 · Sandy Spring Bk
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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