New search
Property profile & analytics
OFF-MARKET
Retail space
315 Severn Ave, Annapolis, MD 21403-2515
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0845082
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
BRICK
Total area
752 SF
Lot
0.07 ac (3,050 SF)
Zoning code
B2
APN
06-000-03220700
UPID
US40-0845082
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
-
First Reserve Retirement Services Consultant Financial Planner
-
Harbor Cove Partners Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Compson Of Richmond Lc · 4 yrs held
Compson Of Richmond Lc
since 2021
Last sale
$700
7 recorded transactions
Zoning & alternative use
B2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,113
Tax year 2023
Assessed value
$495,300
Assessed 2023
Previous assessed
$495,300
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$454,600
Assessed improvement
$40,700
Land market value
$454,600
Improvement market value
$40,700
Total market value
$495,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
2
Units
2
Total area
752 SF
Lot
0.07 ac (3,050 SF)
Zoning code
B2
APN
06-000-03220700
UPID
US40-0845082
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
B2 · Annapolis, MD
Zoning B2 · permitted uses
B2 · 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
1988
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Buildings
2
Units
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Compson Of Richmond Lc
Individual
Mailing address
315 SEVERN AVE, ANNAPOLIS, MD 21403-2515
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$700,000
Compson Of Richmond Lc
315 Severn Avenue LLC
Deed
—
Feb 5, 2009
—
315 Severn Avenue LLC
Kellogg,christopher W & Marsha
Grant Deed
related
—
Oct 30, 1997
$332,000
Christopher W Kellogg
Crummey,john K & Diane H
Grant Deed
$200,000 · Nationsbank
Oct 28, 1997
$332,000
Christopher W Kellogg
Crummey,john K
Grant Deed
—
Aug 18, 1997
$133,642
John K Crummey
Kling,stephen P & Marjorie L
Grant Deed
$217,000 · Annapolis Banking & Trust Co
Aug 15, 1997
—
John K Crummey
Crummey,john K
Quit Claim Deed
related
—
—
—
315 Severn Avenue LLC
—
Deed Of Trust
related
$630,000 · Christopher W & Marsha Kellogg
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 315 Severn Ave?
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.
