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2614 Chapel Lake Dr, Gambrills, MD 21054
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Property summary
AI-generated overview
This medical office space is configured as a lease-ready property with approximately 2,000 to 3,000 rentable square feet. It is located in the Waugh Chapel Town Centre area of Maryland, providing access to nearby retail and dining. The center area includes Chesapeake Retina Centers, and the building presents opportunities for exterior signage. The property is positioned for convenient commuting to Fort Meade, NSA, AAMC, and BWMC, generally within about a 15-minute drive, and it has high traffic exposure with more than 70,000 vehicles passing by daily.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
4,133 SF
Lot
1.51 ac (65,776 SF)
Zoning code
R1
APN
04-883-90216557
UPID
US40-0134563
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ophthalmologist
-
Student Housing Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
since 2022
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
R1 · Gambrills, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.90M
Value range
$1.71M – $2.08M
±10% around blend
Estimated value / SF
$459 / SF
Confidence
High
14 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.71M
blend $1.90M
$2.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,133 SF
Lot area
1.51 ac
Year built
2002
Stories
1
APN
04-883-90216557
Zoning
R1
Assessed value
$1,713,167
Annual tax
$18,708
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$880k
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.2 mi away · 4,270 SF
13.1 mi away · 5,023 SF
15.2 mi away · 3,120 SF
16.4 mi away · 2,944 SF
17.0 mi away · 3,360 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$6,507
-93%
Submarket 30 sales
$6,507
-93%
County 316 sales
$501
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $459/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.97M
Move the market yield to see immediate price impact.
Value / SF
$478
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$124k
$2.49M
$1.78M
$1.38M
$138k
$2.77M
$1.97M
$1.54M
$152k
$3.04M
$2.17M
$1.69M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$1.23M
9.0 mi · Feb 2026 · $285/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,708
Tax year 2023
Assessed value
$1,713,167
Assessed 2023
Previous assessed
$1,602,000
+6.9% YoY
Effective rate
1.09%
On assessed value
Land market value
$1,006,000
Improvement market value
$929,500
Total market value
$1,935,500
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,133 SF
Lot
1.51 ac (65,776 SF)
Zoning code
R1
APN
04-883-90216557
UPID
US40-0134563
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R1 · Gambrills, MDZoning R1 · permitted uses
R1 · Gambrills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2002
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Gambrills, MD
Recorded code
R1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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