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Property profile & analytics
FOR LEASE
Commercial real estate
3222 Solomons Island Rd, Edgewater, MD 21037
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0736521
For Lease
1 / 4
$1,350,000
3222 Solomons Island Rd, Edgewater, MD 21037
View Listing →
Property summary
AI-generated overview
This fee-simple retail property offers a compelling investment opportunity: a 5,200 square foot Pizza Hut in Edgewater, Maryland, situated on a 1.05-acre lot. The property boasts a strong 10-year net lease (NNN) with a franchisee tenant, commencing April 1, 2024, and expiring March 31, 2034. The lease includes annual rent increases of 1.50%, ensuring consistent income growth. Built in 2002, the property currently generates a net operating income (NOI) of $84,848, representing a 7.00% capitalization rate. The asking price is $1,212,114, translating to $233.10 per square foot. The property enjoys 100% occupancy and benefits from the established brand recognition of Pizza Hut. This is a low-maintenance, passive income investment with significant long-term potential. The property is located at 3222 Solomons Island Rd, Edgewater, MD 21037.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Lot
1.05 ac (45,738 SF)
Zoning code
C3
APN
01-744-05814801
UPID
US40-0736521
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
-
Pizza Hut Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Total Tivio LLC · 1 yrs held
Total Tivio LLC
since 2024
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
C3 · 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
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
$7,633
Tax year 2023
Assessed value
$699,000
Assessed 2023
Previous assessed
$375,733
+86.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$682,500
Assessed improvement
$16,500
Land market value
$682,500
Improvement market value
$16,500
Total market value
$699,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2008
Heating
YES
Cooling
YES
Lot
1.05 ac (45,738 SF)
Zoning code
C3
APN
01-744-05814801
UPID
US40-0736521
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Edgewater, MD
Zoning C3 · permitted uses
C3 · 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
Year built
2008
Heating
YES
Cooling
Yes
Lot
1.05 ac
Current owner
From public records · entity-resolved
Total Tivio LLC
Entity
Mailing address
10 E 53RD ST, NEW YORK, NY 10022-5244
Ownership since
2024
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
Dec 13, 2024
$1,350,000
Total Tivio LLC
Qh 3222 Solomons Island LLC
Special Warranty Deed
$810,000 · Sandy Spring Bank
Sep 27, 2018
$5,590,514
Qh 3222 Solomons Island LLC
S & W Management INC
Grant Deed
—
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.
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