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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Office buildings
167 Main St, Annapolis, MD 21401-2000
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1375640
Property summary
AI-generated overview
This exceptional retail space, located at 167 Main Street in Annapolis, Maryland, offers 1,700 square feet of versatile storefront space within a larger 5,100 square foot building. The property is situated in Anne Arundel County, zip code 21401, and benefits from ample parking, supplemented by a nearby public parking garage. The space is part of a multi-tenant building, currently featuring only one suite. Ideal for a variety of retail businesses, this location provides excellent visibility and accessibility in the heart of Annapolis. The property boasts a modern design and is ready for immediate occupancy. The address is easily accessible via various transportation links, making it convenient for both employees and customers. This is a unique opportunity to establish a thriving business in a vibrant and desirable location. The space is currently vacant and ready for immediate lease. Contact us today to schedule a viewing and explore the possibilities of this exceptional retail opportunity in Annapolis' bustling downtown area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
3,417 SF
Lot
0.04 ac (1,700 SF)
Zoning code
C2
APN
06-000-04569900
UPID
US40-1375640
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
-
Leader Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.75M
Owner & transaction history
Hfo LLC · 1 yrs held
Hfo LLC
since 2024
Last sale
$1.8M
1 recorded transaction
Zoning & alternative use
C2 · 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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Dec 16 2024)
Last sale anchor
$1.75M
Dec 16 2024
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
$512 / 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
$17,413
Tax year 2023
Assessed value
$1,212,600
Assessed 2023
Previous assessed
$1,212,600
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$816,500
Assessed improvement
$396,100
Land market value
$816,500
Improvement market value
$396,100
Total market value
$1,212,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
2
Total area
3,417 SF
Lot
0.04 ac (1,700 SF)
Zoning code
C2
APN
06-000-04569900
UPID
US40-1375640
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C2 · Annapolis, MD
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Hfo LLC
Entity
Mailing address
308 MCDONOUGH RD, ANNAPOLIS, MD 21401-3224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
$1,750,000
Hfo LLC
167 Main Street Limited Partnership
Deed
$1,582,500 · Linkbank
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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