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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Office buildings
1202 Annapolis Rd Odenton, MD 21113-1397
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-1328668
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
BRICK
Total area
18,412 SF
Lot
1.05 ac (45,738 SF)
Zoning code
O-EOD
APN
04-000-90019313
UPID
US40-1328668
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
-
Custom Orthotics Physician
-
Whole Yoga & Pilates Gym & Fitness Center
-
Dental Sleep Medicine of Maryland Medical Clinic
-
Betty Miller Foster Care Service Social Service Agency
-
Prime Air Duct Odenton HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.90M
Owner & transaction history
Kathe Piera · 3 yrs held
Kathe Piera
since 2023
3 recorded transactions
Zoning & alternative use
O-EOD · Odenton, 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 Odenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odenton 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%
$2,295,000
6.5%
$2,120,000
7%
$1,965,000
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±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
$158 / 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
$25,129
Tax year 2023
Assessed value
$2,301,200
Assessed 2023
Previous assessed
$2,468,000
-6.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$736,000
Assessed improvement
$1,565,200
Land market value
$736,000
Improvement market value
$1,565,200
Total market value
$2,301,200
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 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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Total area
18,412 SF
Lot
1.05 ac (45,738 SF)
Zoning code
O-EOD
APN
04-000-90019313
UPID
US40-1328668
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
O-EOD · Odenton, MD
Zoning O-EOD · permitted uses
O-EOD · Odenton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Units
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Kathe Piera
Individual
Free & Clear · 3 yrs held
Mailing address
2851 GLN ISLE RD, RIVA, MD 21140-1006
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2023
—
Kathe Piera
Kathe Piera
Intrafamily Transfer
related
—
Jan 12, 2021
—
Kathe Piera
Kathe Piera
Quit Claim Deed
related
—
Nov 30, 2011
—
Piera Kathe Tr
Piera Mike
Quit Claim Deed
related
—
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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