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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail space
12205 Annapolis Rd Bowie, MD 20720-3814
Entity Owned
22-yr Hold
Free & Clear
Property ID
US40-0683414
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
2,812 SF
Lot
4.28 ac (186,437 SF)
Zoning code
RE
APN
07-0733741
UPID
US40-0683414
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
$970k
Comparable Approach
Comparable
$764k
Blend (final)
Blend
$710k
Owner & transaction history
HAWKINS IRMGARD H PASS TRUST
HAWKINS IRMGARD H PASS TRUST
Zoning & alternative use
RE · Bowie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e minutes or other records of the City. F. Request for continuance of a variance. Request must be submitted in writing to the Planning Director no later than 3:00 p.m. prior to the scheduled hearing. Appellant may incur re-advertisement fees if a new hearing date is not confirmed at the time of the request. § 26-31 Conditions of approval. A. Generally. If ex…
Zone name
Residential Estate Zone
General category
RESIDENTIAL
Zone area
499.64 ac
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 Bowie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowie 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%
$1,055,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,175,000
Current use
AUTO REPAIR, GARAGE
$1,165,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$252 / 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
$10,274
Tax year 2023
Assessed value
$923,900
Assessed 2023
Previous assessed
$923,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$338,000
Assessed improvement
$585,900
Land market value
$338,000
Improvement market value
$585,900
Total market value
$923,900
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1972
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
2,812 SF
Lot
4.28 ac (186,437 SF)
Zoning code
RE
APN
07-0733741
UPID
US40-0683414
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RE · Bowie, MDZoning RE · permitted uses
RE · Bowie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
e minutes or other records of the City. F. Request for continuance of a variance. Request must be submitted in writing to the Planning Director no later than 3:00 p.m. prior to the scheduled hearing. Appellant may incur re-advertisement fees if a new hearing date is not confirmed at the time of the request. § 26-31 Conditions of approval. A. Generally. If explicitly permitted for the particular type of application in Division 3 of this ar
Zone name
Residential Estate Zone
General category
RESIDENTIAL
Zone area
499.64 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1972
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
4.28 ac
Current owner
From public records · entity-resolved
HAWKINS IRMGARD H PASS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
12205 ANNAPOLIS RD, BOWIE, MD 20720-3814
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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