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Property profile & analytics
OFF-MARKET
Estimated value
$41,655,000
Office buildings
302 Sentinel Dr, Annapolis Junction, MD 20701-1044
Entity Owned
21-yr Hold
Free & Clear
Property ID
US40-1220429
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
162,750 SF
Lot
8.65 ac (376,794 SF)
Zoning code
W1
APN
04-499-90220565
UPID
US40-1220429
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
-
Altamira Technologies Corporation Engineering Consultant
-
Ventura Solutions Inc Engineering Consultant
-
Mid-Atlantic Regional Office Federal Government Office
-
The Boeing Company Corporate Office
-
SAIC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$51.26M
Blend (final)
Blend
$41.66M
Owner & transaction history
Nbp 302 LLC · 21 yrs held
Nbp 302 LLC
since 2004
2 recorded transactions
Zoning & alternative use
W1 · Annapolis Junction, 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 Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis Junction 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$69,220,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$68,190,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$67,440,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$41.66M
Range $37.49M – $45.82M · ±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
$256 / 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
$417,745
Tax year 2023
Assessed value
$38,255,000
Assessed 2023
Previous assessed
$42,422,900
-9.8% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,363,000
Assessed improvement
$32,892,000
Land market value
$5,363,000
Improvement market value
$32,892,000
Total market value
$38,255,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
5
Units
2
Total area
162,750 SF
Lot
8.65 ac (376,794 SF)
Zoning code
W1
APN
04-499-90220565
UPID
US40-1220429
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
W1 · Annapolis Junction, MD
Zoning W1 · permitted uses
W1 · Annapolis Junction, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annapolis Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$69.2M
INDUSTRIAL (GENERAL)
Est. value
$68.2M
RETAIL STORES
Est. value
$67.4M
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
HOT WATER
Cooling
Yes
Stories
5
Buildings
2
Units
2
Lot
8.65 ac
Current owner
From public records · entity-resolved
Nbp 302 LLC
Entity
Free & Clear · 21 yrs held
Mailing address
6711 COLUMBIA GTWY DR STE #300, COLUMBIA, MD 21046-2383
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2009
—
Nbp 131 LLC
—
Deed Of Trust
related
$90,000,000 · Private Lender
Oct 21, 2004
$10
Nbp 302 LLC
Jolly Copt I LLC
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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