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300 Chinquapin Round Rd, Annapolis, MD 21401
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Construction
BRICK
Total area
4,568 SF
Lot
0.5 ac (21,950 SF)
Zoning code
BCE
APN
06-551-08401400
UPID
US40-1532867
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
-
Carpet & Flooring Store Hardware & Home Improvement
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$573k
Blend (final)
Blend
$505k
Owner & transaction history
since 2019
2 recorded transactions
Zoning & alternative use
BCE · Annapolis, MD
Zoning description
The BCE Business Corridor Enhancement district is designed to increase commercial and certain residential opportunities and to promote and encourage mixed use while protecting the aesthetic and visual character of lands…
General category
MIXED_USE
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$505k
Value range
$455k – $556k
±10% around blend
Estimated value / SF
$111 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
Income certainty
100
$455k
blend $505k
$556k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,568 SF
Lot area
0.5 ac
Year built
1954
Stories
1
APN
06-551-08401400
Zoning
BCE
Assessed value
$1,182,000
Annual tax
$16,974
3
Income approach: direct capitalization
Partial preview
Income approach indication
$465k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$500k
@ 6.5% CAP return
$465k
@ 7% CAP return
$430k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$16,974
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.64M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.8 mi away · 5,800 SF
21.6 mi away · 3,933 SF
22.0 mi away · 3,875 SF
22.4 mi away · 3,712 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$505k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 92 sales
$333
-67%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $111/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
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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 · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.30%
Selected cap rate for this warehouses
Derived from the Annapolis market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.30%
9.0%
NOI (est.)
$13k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$214k
Move the market yield to see immediate price impact.
Value / SF
$47
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
5.80%6.30%6.80%
$12k
$209k
$193k
$179k
$13k
$233k
$214k
$198k
$15k
$256k
$236k
$218k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$800k
3.5 mi · Oct 2025 · $226/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,974
Tax year 2023
Assessed value
$1,182,000
Assessed 2023
Previous assessed
$1,116,100
+5.9% YoY
Effective rate
1.44%
On assessed value
Assessed land
$895,300
Assessed improvement
$286,700
Land market value
$895,300
Improvement market value
$286,700
Total market value
$1,182,000
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
2
Total area
4,568 SF
Lot
0.5 ac (21,950 SF)
Zoning code
BCE
APN
06-551-08401400
UPID
US40-1532867
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
BCE · Annapolis, MDZoning BCE · permitted uses
BCE · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The BCE Business Corridor Enhancement district is designed to increase commercial and certain residential opportunities and to promote and encourage mixed use while protecting the aesthetic and visual character of lands…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
2
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BCE
MIXED_USE
Jurisdiction
Annapolis, MD
Recorded code
BCE
Official district
BCE
Official district profile
What the municipal code says about BCE
Zoning description
The BCE Business Corridor Enhancement district is designed to increase commercial and certain residential opportunities and to promote and encourage mixed use while protecting the aesthetic and visual character of lands…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BCE in Annapolis, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
See the ownership record for this address.
Registration is required before any owner information is shown.
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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