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Property profile & analytics
OFF-MARKET
Retail space
196 Ww St Annapolis, MD 21401-2824
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-2234008
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
652 SF
Lot
0.06 ac (2,464 SF)
Zoning code
MX
APN
06-000-05402000
UPID
US40-2234008
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
-
The Choice Employment Agency
-
Sailor Oyster Bar Restaurant Bar & Pub
-
Nest & Co LLC Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
196 198 Holding LLC · 8 yrs held
196 198 Holding LLC
since 2018
6 recorded transactions
Zoning & alternative use
MX · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,794
Tax year 2023
Assessed value
$612,400
Assessed 2023
Previous assessed
$611,867
+0.1% YoY
Effective rate
1.44%
On assessed value
Assessed land
$441,000
Assessed improvement
$171,400
Land market value
$441,000
Improvement market value
$171,400
Total market value
$612,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
3
Total area
652 SF
Lot
0.06 ac (2,464 SF)
Zoning code
MX
APN
06-000-05402000
UPID
US40-2234008
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
MX · Annapolis, MD
Zoning MX · permitted uses
MX · 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
2
Buildings
2
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
196 198 Holding LLC
Entity
Free & Clear · 8 yrs held
Mailing address
51 WW ST, ANNAPOLIS, MD 21401-2420
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2020
—
196 198 Holding LLC
—
Deed
related
$675,000 · Old Line Bank
May 7, 2018
—
196 198 Holding LLC
196 West LLC
Quit Claim Deed
related
—
Nov 9, 2015
$320,000
196 West LLC
Peach Props LLC
Grant Deed
$320,000 · Peach Props LLC
Sep 19, 2013
$347,700
Peach Props LLC
H & B LLC
Grant Deed
$278,160 · M & T Bank
Nov 19, 2003
$345,000
H & B LLC
Ames,steven R
Grant Deed
$353,180 · Henry C & Barbara E Hirsch
Jun 1, 1999
$190,000
Steven R Ames
Ridenbaugh,j D
Grant Deed
$161,500 · Annapolis Banking & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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