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Property profile & analytics
OFF-MARKET
Retail residential properties
146 Duke Of Gloucester St Annapolis, MD 21401-2517
Individually Owned
Property ID
US40-2234214
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1912
Total area
3,042 SF
Lot
0.07 ac (3,244 SF)
APN
06-000-05438331
UPID
US40-2234214
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patrick R Gross
Patrick R Gross
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
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 Annapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,706
Tax year 2023
Assessed value
$1,024,100
Assessed 2023
Previous assessed
$1,010,367
+1.4% YoY
Effective rate
1.44%
On assessed value
Assessed land
$679,100
Assessed improvement
$345,000
Land market value
$679,100
Improvement market value
$345,000
Total market value
$1,024,100
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1912
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
1
Bathrooms
3
Total area
3,042 SF
Lot
0.07 ac (3,244 SF)
APN
06-000-05438331
UPID
US40-2234214
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1912
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Bathrooms
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
Patrick R Gross
Individual
Mailing address
4407 6TH ST S, ARLINGTON, VA 22204-1413
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$1,399,900
Patrick R Gross
Michael Lee Epley
Deed
$1,050,000 · Mid Penn Bank
Dec 12, 2020
—
Michael Lee Epley
—
Deed
related
$742,800 · Intercoastal Mortgage
Dec 4, 2017
$875,000
Michael L Epley
Underwood,christopher
Grant Deed
$517,500 · Sandy Spring Bk
May 31, 2017
—
Christoher J Underwood
—
Deed
related
$750,000 · Community Bk
Apr 21, 2017
$460,000
Christopher Underwood
Us Bk NA Series 2007-a6
Grant Deed
—
Aug 10, 2016
$696,008
Us Bk NA 2007-a6 Ce
Cohn Edward S|lucas,marc D
Trustees Deed
related
—
May 21, 2003
$415,000
Marc D Lucas
Willson,carol J Est
Grant Deed
$322,700 · National City Mortgage Co
Apr 5, 2000
—
Carol J Willson
146 Duke Of Gloucester Street
Grant Deed
$270,000 · Allied Mortgage Capital Corp
Jun 1, 1998
$252,500
146 Duke Of Gloucester St LLC
Adams,leslie M & Patricia G
Grant Deed
$250,000 · Key Bank & Trust
—
—
Marc D Lucas
—
Deed Of Trust
related
$150,000 · Navy FCU
—
—
Marc D Lucas
—
Deed Of Trust
related
$1,012,783 · Citimortgage INC
—
—
Christoher J Underwood
—
Loan Modification
related
$750,000 · Community Bk
—
—
Marc D Lucas
—
Deed Of Trust
related
$400,000 · Flagstar Bank Fsb
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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