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Property profile & analytics
OFF-MARKET
Estimated value
$7,285,000
Hotels
120 National Business Pkwy, Annapolis Junction, MD 20701-1014
Entity Owned
28-yr Hold
Free & Clear
Property ID
US40-1228135
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
BRICK
Total area
27,676 SF
Lot
3.65 ac (158,994 SF)
Zoning code
W1
APN
04-499-90078981
UPID
US40-1228135
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
Current use
Occupant on record · Public records
-
TownePlace Suites Fort Meade National Business Park Hotel & Motel
-
120 National Business Parkway Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.55M
Blend (final)
Blend
$7.29M
Owner & transaction history
Hospitality Development LLC · 28 yrs held
Hospitality Development LLC
since 1998
5 recorded transactions
Zoning & alternative use
W1 · Annapolis Junction, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.8M
+97.3%
Industrial (general)
$11.6M
+94.4%
Retail stores
$11.5M
+92.2%
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 Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis Junction 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,965,000
Current use
AUTO REPAIR, GARAGE
$11,770,000
Change: +97% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,595,000
Change: +94% · Conversion: Difficult
RETAIL STORES
$11,470,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$10,135,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,230,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$7.29M
Range $6.56M – $8.01M · ±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
$263 / 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
$66,724
Tax year 2023
Assessed value
$6,110,233
Assessed 2023
Previous assessed
$5,948,700
+2.7% YoY
Effective rate
1.09%
On assessed value
Land market value
$2,263,000
Improvement market value
$4,170,300
Total market value
$6,433,300
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
95
Total area
27,676 SF
Lot
3.65 ac (158,994 SF)
Zoning code
W1
APN
04-499-90078981
UPID
US40-1228135
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1 · Annapolis Junction, MD
Zoning W1 · permitted uses
W1 · Annapolis Junction, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annapolis Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$11.8M
INDUSTRIAL (GENERAL)
Est. value
$11.6M
RETAIL STORES
Est. value
$11.5M
MEDICAL BUILDING
Est. value
$10.1M
WAREHOUSE, STORAGE
Est. value
$9.2M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
2
Units
95
Lot
3.65 ac
Current owner
From public records · entity-resolved
Hospitality Development LLC
Entity
Free & Clear · 28 yrs held
Mailing address
8850 COLUMBIA 100TH PKWYSTE212, COLUMBIA, MD 21045-2374
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Hospitality Development Company I L
—
Deed
related
$3,500,000 · Federal Savings Bank
Jan 21, 2021
—
Hospitality Dev Co LLC
—
Deed
related
$5,000,000 · Fulton Bk NA
Apr 19, 1999
—
Hospitality Development Co LLC
—
Deed Of Trust
related
$5,500,000 · Marriott International INC
Jun 10, 1998
$500,000
Hospitality Development LLC
Jolly Acres LP
Grant Deed
—
—
—
Hospitality Dev Co LLC
—
Loan Modification
related
$5,000,000 · Fulton Bk NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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