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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Strip malls
1957 Ww St Annapolis, MD 21401-3906
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US40-1473289
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
BRICK
Total area
19,836 SF
Lot
0.82 ac (35,719 SF)
Zoning code
B3
APN
06-000-90045348
UPID
US40-1473289
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
$2.56M
Blend (final)
Blend
$2.18M
Owner & transaction history
West Street 5 LLC · 14 yrs held
West Street 5 LLC
since 2012
2 recorded transactions
Zoning & alternative use
B3 · Annapolis, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B3 General Commercial District is designed to accommodate those commercial activities which may be incompatible with the predominantly retail uses permitted in other business districts and whose service area is not confined to any one neighborhood or community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
4.67 ac
Source
Realmo
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
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$110 / 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
$33,493
Tax year 2023
Assessed value
$2,332,400
Assessed 2023
Previous assessed
$2,238,700
+4.2% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,215,400
Assessed improvement
$1,117,000
Land market value
$1,215,400
Improvement market value
$1,117,000
Total market value
$2,332,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
19,836 SF
Lot
0.82 ac (35,719 SF)
Zoning code
B3
APN
06-000-90045348
UPID
US40-1473289
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
B3 · Annapolis, MDZoning B3 · permitted uses
B3 · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B3 General Commercial District is designed to accommodate those commercial activities which may be incompatible with the predominantly retail uses permitted in other business districts and whose service area is not confined to any one neighborhood or community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
4.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1977
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
West Street 5 LLC
Entity
Mailing address
PO BOX 6662, ANNAPOLIS, MD 21401-0662
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2012
$2,425,000
West Street 5 LLC
1957 West Street LLC
Grant Deed
$1,500,000 · Bankannapolis
Nov 22, 1999
$1,300,000
1957 West Street LLC
C William Martin Estate
Grant Deed
$700,000 · Sandy Spring National Bank Md
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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