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    Property profile & analytics

    167 Main St Annapolis, MD 21401-2000

    • Office buildings
    • 3,417 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $1,735,000
    Last Sale
    Dec 16, 2024
    $1,750,000
    Location Intelligence
    Property ID
    US40-1375640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Leader / Women'S Clothing Store

    Property Details for 167 Main St

    Construction
    BRICK
    Lot size
    0.04 lot acres
    Property size
    3,417 SF
    Zone code
    C2
    Property type
    Office buildings
    APN
    06-000-04569900
    APU
    600004569900

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,770,000
      6.5%
      $1,785,000
      7%
      $1,850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,725,000
      Geo Method
      $1,675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,435,000
      Retail
      $1,505,000
      Mixed-Use
      $1,595,000
      Hospitality
      $1,840,000
      Educational
      $1,680,000
      Residential Income
      $1,810,000
      Energy
      $1,395,000
      Income-Based Land
      $1,830,000
      Food Service
      $1,925,000

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.4901
    Latitude
    38.9776
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,413
    $816,500
    $396,100
    $1,212,600
    -
    $816,500
    $396,100
    $1,212,600

    Comparable in this City

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      OFFICE BUILDING • 121,600 SF
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    167 Main St
    Annapolis, MD 21401-2000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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