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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Grocery and convenience stores
158 Old Ml Btm S Rd, Annapolis, MD 21409-5501
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1121522
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Total area
2,881 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C1B
APN
03-000-90101597
UPID
US40-1121522
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
-
High's Grocery & Convenience Store
-
Lothian Sunoco Gas Station
-
M&T Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$560k
Owner & transaction history
2859 Jessup Road Jessup LLC · 8 yrs held
2859 Jessup Road Jessup LLC
since 2018
7 recorded transactions
Zoning & alternative use
C1B · Annapolis, 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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Current use
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$194 / 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
$18,980
Tax year 2023
Assessed value
$1,738,067
Assessed 2023
Previous assessed
$1,738,033
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,166,100
Improvement market value
$572,000
Total market value
$1,738,100
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,881 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C1B
APN
03-000-90101597
UPID
US40-1121522
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C1B · Annapolis, MD
Zoning C1B · permitted uses
C1B · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annapolis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2004
Heating
HEAT PUMP
Stories
1
Units
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
2859 Jessup Road Jessup LLC
Entity
Mailing address
18 LOVETON CIR, SPARKS, MD 21152-9202
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2019
—
158 Old Bottom Mill Road LLC
—
Loan Modification
related
$110,000,000 · Manufacturers & Traders Tr
Feb 27, 2018
$1,175,000
2859 Jessup Road Jessup LLC
Shannon Elm Lc
Deed
—
Nov 18, 2016
—
158 Old Bottom Mill Road LLC
—
Loan Modification
related
$110,000,000 · Manufacturers & Traders Tr
Mar 30, 2012
—
158 Old Bottom Mill Rd LLC
Four Ds Assocs LLP
Grant Deed
—
Mar 6, 2012
$1,698,863
158 Old Mill Bottom Road LLC
Four Ds Associates LLP
Deed
—
Jun 3, 2003
$398,000
Four Ds Associates LLP
Aaron,jonathan P
Grant Deed
—
—
—
Four Ds Associates LP
—
Deed Of Trust
related
$700,000 · Suntrust Bank NA
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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