Property profile

1515 Frst Dr Annapolis, MD 21403

OFF-MARKET
Retail space
Property ID
US40-1378714
2,880 SF 0.33 ac lot Built 1968
Individually Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Construction BRICK
Total area 2,880 SF
Lot 0.33 ac (14,215 SF)
Zoning code B2
APN 06-000-04557500
UPID US40-1378714

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Textile Manufacturer
  • Restaurant

Location

1515 Frst Dr Annapolis, MD 21403-1425
Annapolis metro Census 702601 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
$625k
Comparable Approach Comparable
$369k
Blend (final) Blend
$535k

Owner & transaction history

since 2012
5 recorded transactions
2012
Price N/A
1999
$11,200
1998
$290,000
1997
$10,000
1969
Price N/A

Zoning & alternative use

B2 · Annapolis, MD
Zoning description

The B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is permitted for both daily and occasional shopping

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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