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Property profile & analytics
OFF-MARKET
Estimated value
$8,525,000
Warehouses
2005 Trout Rd, Annapolis, MD 21401-6981
Entity Owned
19-yr Hold
Free & Clear
Property ID
US40-1869679
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
BRICK
Total area
57,780 SF
Lot
4.37 ac (190,357 SF)
Zoning code
W2
APN
02-000-09163000
UPID
US40-1869679
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.64M
Comparable Approach
Comparable
$5.91M
Blend (final)
Blend
$8.53M
Owner & transaction history
Extra Space Of Annapolis LLC · 19 yrs held
Extra Space Of Annapolis LLC
since 2007
5 recorded transactions
Zoning & alternative use
W2 · 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%
$9,355,000
6.5%
$8,635,000
7%
$8,015,000
Blend value · Realmo final
$8.53M
Range $7.67M – $9.38M · ±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
$148 / 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
$133,223
Tax year 2023
Assessed value
$12,199,900
Assessed 2023
Previous assessed
$13,300,500
-8.3% YoY
Effective rate
1.09%
On assessed value
Assessed land
$4,570,000
Assessed improvement
$7,629,900
Land market value
$4,570,000
Improvement market value
$7,629,900
Total market value
$12,199,900
Applied tax rate
2.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Units
556
Total area
57,780 SF
Lot
4.37 ac (190,357 SF)
Zoning code
W2
APN
02-000-09163000
UPID
US40-1869679
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W2 · Annapolis, MD
Zoning W2 · permitted uses
W2 · 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
Year built
2002
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
556
Lot
4.37 ac
Current owner
From public records · entity-resolved
Extra Space Of Annapolis LLC
Entity
Free & Clear · 19 yrs held
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2007
$12,487,500
Extra Space Of Annapolis LLC
Annapolis Self Storage LLC
Grant Deed
—
Feb 18, 2005
$10
Annapolis Self Storage LLC
Troud Road Storage Land LLC
Grant Deed
$6,460,000 · General Electric Capital Corp
Jun 22, 2001
—
Trout Road Storage Land LLC
—
Deed Of Trust
related
$4,852,000 · Bfv Interim Finance Bv
Apr 18, 2000
$1,500,000
Trout Road Storage Land LLC
Generals Highway LLC
Grant Deed
$361,387 · Individual
—
—
Trout Road Storage Land LLC
—
Deed Of Trust
related
$548,000 · Bfv Interim Finance Bv
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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