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Property profile & analytics
FOR SALE
Office Spaces
2014 Renard Ct Annapolis, MD 21401
Individually Owned
3-yr Hold
Free & Clear
Property ID
US40-0016871
For Sale
1 / 16
$246,600
2014 Renard Ct, Annapolis, MD 21401
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Total area
171 SF
Lot
0.03 ac (1,233 SF)
Zoning code
W2
APN
02-439-90225374
UPID
US40-0016871
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
-
Fiestas Rentals Party Supply Store Rental Equipment Company
-
I T Tech Direct Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Maximus Heating & Cooling LLC HVAC Service General Contractor
-
Chimney Sweep & Repair Pro Annapolis General Contractor Renovation Specialist
-
Annapolis Makerspace Factory Production Facility
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
Martin W Friend · 3 yrs held
Martin W Friend
since 2023
Last sale
$231,000
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
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
$2,356
Tax year 2023
Assessed value
$215,767
Assessed 2023
Previous assessed
$209,600
+2.9% YoY
Effective rate
1.09%
On assessed value
Land market value
$136,800
Improvement market value
$91,300
Total market value
$228,100
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Heating
NONE
Units
1
Total area
171 SF
Lot
0.03 ac (1,233 SF)
Zoning code
W2
APN
02-439-90225374
UPID
US40-0016871
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
Heating
NONE
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Martin W Friend
Individual
Free & Clear · 3 yrs held
Mailing address
308 GIDDINGS AVE, ANNAPOLIS, MD 21401-1316
Ownership since
2023
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
Jun 30, 2023
—
Martin W Friend
Martin W Friend
Deed Of Distribution
related
—
Jun 2, 2021
—
Eleanor M Friend
Kfd Management LLC
Correction Deed
related
—
Apr 4, 2013
$231,000
Kfd Management LLC
2014k LLC
Grant Deed
$184,800 · Severn Savings Bank Fsb
Feb 26, 2007
$250,000
2014k LLC
Annapolis Business Park INC
Grant Deed
$200,000 · Sandy Spring Bank
—
—
Kfd Management LLC
—
Deed Of Trust
related
$100,000 · Severn Savings Bank Fsb
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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