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Property profile & analytics
FOR SALE
Commercial real estate
14478 Solomons Island Rd S, Solomons, MD 20688
Entity Owned
~
Est. High Equity
Property ID
US40-1471626
For Sale
1 / 12
$1,500,000
14478 Solomons Island Rd S, Solomons, MD 20688
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
BRICK
Total area
3,306 SF
Lot
0.33 ac (14,310 SF)
Zoning code
TC
APN
01-007211
UPID
US40-1471626
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$765k
Owner & transaction history
Sunset Terrace Condos LLC
Sunset Terrace Condos LLC
since 2026
Last sale
$842,700
4 recorded transactions
Zoning & alternative use
TC · Solomons, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$910,000
+11.7%
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 Solomons submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solomons 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
$760,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$815,000
Current use
WAREHOUSE, STORAGE
$910,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $843k (Jul 7 2022)
Last sale anchor
$843k
Jul 7 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
$231 / 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
$3,570
Tax year 2023
Assessed value
$343,600
Assessed 2023
Previous assessed
$343,600
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$320,000
Assessed improvement
$23,600
Land market value
$320,000
Improvement market value
$23,600
Total market value
$343,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1910
Construction
BRICK
Heating
FORCED AIR
Stories
3
Units
9
Total area
3,306 SF
Lot
0.33 ac (14,310 SF)
Zoning code
TC
APN
01-007211
UPID
US40-1471626
Jurisdiction
CALVERT
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
TC · Solomons, MD
Zoning TC · permitted uses
TC · Solomons, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solomons. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$815,000
WAREHOUSE, STORAGE
Est. value
$910,000
OFFICE BUILDING
Est. value
$740,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1910
Construction
BRICK
Heating
FORCED AIR
Stories
3
Units
9
Lot
0.33 ac
Current owner
From public records · entity-resolved
Sunset Terrace Condos LLC
Entity
Mailing address
4045 ADELINA RD, PRINCE FREDERICK, MD 20678-4742
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
$1,400,000
Sunset Terrace Condos LLC
Sunset Terrace Solomons LLC
Deed
$1,050,000 · Cedar Point FCU
Jul 7, 2022
$842,700
Sunset Terrace Solomons LLC
Par Limited Partnership
Deed
$500,000 · Wesbanco Bank INC
Nov 1, 2016
$850,000
Par LP
Siemon,robert L
Grant Deed
$680,000 · Community Bk/chesapeake
Apr 13, 2012
—
Robert L Siemon
English Pearl
Grant 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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