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Property profile & analytics
OFF-MARKET
Estimated value
$22,380,000
Turn key restaurants
357 Pier 1st Rd, Stevensville, MD 21666-2601
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-0219359
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Construction
FRAME
Total area
8,268 SF
Lot
41.37 ac (1,802,077 SF)
Zoning code
UC
APN
04-073886
UPID
US40-0219359
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
-
Annapolis Boat Shows Inc Boat Club
-
Chesapeake Bay Bridge Bridge
-
RGS Distributors, LLC Association / Organization
-
E-Z Pass Cashless Toll Toll Booth
-
Off the Hook Yachts Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.38M
Owner & transaction history
Hink Bb Holdings LLC · 1 yrs held
Hink Bb Holdings LLC
since 2025
Last sale
$22.8M
7 recorded transactions
Zoning & alternative use
UC · Stevensville, 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 Stevensville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stevensville 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
$21,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$22.38M
Range $20.14M – $24.62M · ±10% · vs last sale $22.85M (Feb 26 2025)
Last sale anchor
$22.85M
Feb 26 2025
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
$2,707 / 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
$142,073
Tax year 2023
Assessed value
$15,082,100
Assessed 2023
Previous assessed
$15,214,867
-0.9% YoY
Effective rate
0.94%
On assessed value
Assessed land
$7,368,900
Assessed improvement
$7,713,200
Land market value
$7,368,900
Improvement market value
$7,713,200
Total market value
$15,082,100
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 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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
2
Units
7
Total area
8,268 SF
Lot
41.37 ac (1,802,077 SF)
Zoning code
UC
APN
04-073886
UPID
US40-0219359
Jurisdiction
QUEEN ANNE'S
Zoning & alternative use
UC · Stevensville, MD
Zoning UC · permitted uses
UC · Stevensville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stevensville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
5
Units
7
Lot
41.37 ac
Current owner
From public records · entity-resolved
Hink Bb Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
337 PIER 1ST RD STE #101, STEVENSVILLE, MD 21666-2638
Ownership since
2025
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
Jun 6, 2025
—
Hink Bb Holdings LLC
—
Deed
related
$23,800,000 · Guggenieim Credit Services LLC
Feb 26, 2025
$22,848,000
Hink Bb Holdings LLC
Bay Bridge Marina Lllp
Special Warranty Deed
—
Feb 13, 2025
—
Bay Bridge Marina Lll
County Commissioners Of Queen Annes
Deed
—
Jul 16, 2021
—
Bay Bridge Marina Lllp
Bay Bridge Holding Company LLC
Deed
—
May 28, 2020
—
Bay Bridge Hldg Co LLC
Great American Life Insu
Warranty Deed
—
May 23, 2005
$26,500,000
Great American Life Insurance Co
Bay Bridge Marina Properties LLC
Grant Deed
—
Dec 23, 2004
$171,398
Chesapeake Bay Beach Club LLC
Bay Bridge Marina Properties LLC
Grant Deed
related
$1,500,000 · Centreville National Bank Md
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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