New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Warehouses
209 Chinquapin Round Rd, Annapolis, MD 21401-4069
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-1534945
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1955
Construction
BRICK
Total area
12,784 SF
Lot
2.37 ac (103,237 SF)
Zoning code
I1
APN
06-551-07547400
UPID
US40-1534945
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
-
Radio Pan de Vida Radio Station Telecommunications Service
-
Third Eye Music and Video (Bike/Boat/Book/etc) Store
-
Third Eye Games & Hobbies Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Third Eye Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Wimsey Cove Framing & Fine Art Printing (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
Shoregate Of Chinquapin LLC · 9 yrs held
Shoregate Of Chinquapin LLC
since 2017
6 recorded transactions
Zoning & alternative use
I1 · 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%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±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
$122 / 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
$75,097
Tax year 2023
Assessed value
$5,229,600
Assessed 2023
Previous assessed
$5,229,600
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$3,318,000
Assessed improvement
$1,911,600
Land market value
$3,318,000
Improvement market value
$1,911,600
Total market value
$5,229,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
12,784 SF
Lot
2.37 ac (103,237 SF)
Zoning code
I1
APN
06-551-07547400
UPID
US40-1534945
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
I1 · Annapolis, MD
Zoning I1 · permitted uses
I1 · 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
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
2.37 ac
Current owner
From public records · entity-resolved
Shoregate Of Chinquapin LLC
Entity
Mailing address
29 S HARRISON ST, EASTON, MD 21601-3020
Ownership since
2017
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
Mar 15, 2021
—
Shoregate Of Chinquapin LLC
—
Deed
related
$4,563,000 · Cnb
Jun 27, 2019
—
Shoregate Of Chinquapin LLC
—
Deed
related
$4,600,000 · Miscellaneous Ins Co
Dec 28, 2018
—
Shoregate Of Chinquapin LLC
—
Deed
related
$900,000 · The Peoples Bank
Jan 19, 2017
$5,550,000
Shoregate Of Chinquapin LLC
Chinquapin Development LLC
Deed
$3,607,500 · The Peoples Bank
Jun 9, 2009
$3,400,000
Chinquapin Dev LLC
Noland Properties INC
Grant Deed
$3,100,000 · Howard Bank
—
—
Shoregate Of Chinquapin LLC
—
Deed Of Trust
related
$4,600,000 · Miscellaneous Ins 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?”
You own 209 Chinquapin Round Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
