New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Retail space
2806 Solomons Is Rd, Edgewater, MD 21037-1209
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-0190207
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
5,535 SF
Lot
0.81 ac (35,110 SF)
Zoning code
C4
APN
02-000-90060423
UPID
US40-0190207
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
-
Taurus Enterprises Inc. Hardware & Home Improvement Kitchen & Bath Showroom
-
Chesapeake Spas, Inc. (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$942k
Blend (final)
Blend
$1.07M
Owner & transaction history
Ward LLC · 11 yrs held
Ward LLC
since 2015
7 recorded transactions
Zoning & alternative use
C4 · Edgewater, 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 Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater 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%
$1,305,000
6.5%
$1,205,000
7%
$1,120,000
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±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
$192 / 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
$12,491
Tax year 2023
Assessed value
$1,143,900
Assessed 2023
Previous assessed
$1,143,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,032,200
Assessed improvement
$111,700
Land market value
$1,032,200
Improvement market value
$111,700
Total market value
$1,143,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,535 SF
Lot
0.81 ac (35,110 SF)
Zoning code
C4
APN
02-000-90060423
UPID
US40-0190207
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Edgewater, MD
Zoning C4 · permitted uses
C4 · Edgewater, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewater. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Ward LLC
Entity
Mailing address
2806 SOLOMONS IS RD, EDGEWATER, MD 21037-1209
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Ward LLC
—
Deed
related
$1,120,000 · Cfg Community Bank
Jan 17, 2019
—
Ward LLC
—
Deed
related
$1,200,000 · Severn Svgs Bk Fsb
Mar 30, 2015
—
Ward LLC
Ward & Leader LLC
Quit Claim Deed
—
Oct 29, 2014
—
Ward & Leader LLC
Ward,david W
Quit Claim Deed
—
Apr 20, 2001
$550,000
David W Ward
Hein Bros INC
Grant Deed
$440,000 · Branch Banking & Trust Co
—
—
Ward LLC
—
Loan Modification
related
$1,200,000 · Severn Svgs Bk Fsb
—
—
Ward LLC
—
Deed Of Trust
related
$600,000 · First Nat'l Bk/pa
—
—
Ward LLC
—
Deed Of Trust
related
$750,000 · Severn Svgs Bk Fsb
—
—
David W Ward
—
Deed Of Trust
related
$725,000 · Annapolis Bank & Trust
—
—
David W Ward
—
Deed Of Trust
related
$150,000 · Manufacturers Traders & Trust
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 2806 Solomons Is 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.
