Property profile

12 Severn Ave Annapolis, MD 21403

OFF-MARKET
Investment properties
Property ID
US40-0273851
1,980 SF 0.09 ac lot Built 2006
Individually Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2006
Construction FRAME
Total area 1,980 SF
Lot 0.09 ac (3,840 SF)
Zoning code WME
APN 06-000-08598300
UPID US40-0273851

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12 Severn Ave Annapolis, MD 21403-2610
Annapolis metro Census 706302 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2010
7 recorded transactions
2023
Price N/A
2010
$876,500
2009
$895,000
2004
Price N/A
1997
$230,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

WME · Annapolis, MD
Zoning description

The WME Waterfront Maritime Eastport district is intended to provide a location for maritime and accessory uses in conjunction with single family residences in areas where the existing lot configuration limits the effect…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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