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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Investment properties
399 Gaither Rd, Severn, MD 21144-1326
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1056790
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Total area
1,892 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C2
APN
04-000-02010400
UPID
US40-1056790
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
-
Lorang Consulting Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Sturbridge Quarterfield LLC · 1 yrs held
Sturbridge Quarterfield LLC
since 2025
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
C2 · Severn, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+63.4%
Auto repair, garage
$805,000
+38.8%
Retail stores
$785,000
+35.2%
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 Severn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Severn 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Current use
OFFICE BUILDING
$945,000
Change: +63% · Conversion: Easy
AUTO REPAIR, GARAGE
$805,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: +20% · Conversion: Easy
WAREHOUSE, STORAGE
$630,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Sep 30 2024)
Last sale anchor
$900k
Sep 30 2024
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
$476 / 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
$5,135
Tax year 2023
Assessed value
$470,200
Assessed 2024
Previous assessed
$470,200
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$469,200
Assessed improvement
$1,000
Land market value
$469,200
Improvement market value
$1,000
Total market value
$470,200
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
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Total area
1,892 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C2
APN
04-000-02010400
UPID
US40-1056790
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C2 · Severn, MD
Zoning C2 · permitted uses
C2 · Severn, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Severn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$580,000
OFFICE BUILDING
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$805,000
RETAIL STORES
Est. value
$785,000
MEDICAL BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$630,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1940
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Sturbridge Quarterfield LLC
Entity
Mailing address
2077 SOMERVILLE RD STE #210, ANNAPOLIS, MD 21401-4178
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$738,450
Sturbridge Quarterfield LLC
State Highway Admin Of Md Dept Of T
Deed
$900,000 · Orrstown Bank
Mar 14, 2025
$900,000
Sturbridge Smoot Quarterfield LLC
Deborah Smoot
Deed
related
—
Sep 30, 2024
$900,000
Sturbridge Quarterfield LLC
Deborah Smoot
Deed
—
Dec 21, 2022
—
Deborah Smoot
—
Deed
related
$25,000 · Sturbridge Associates LLC
Jul 12, 2018
—
Elaine Gaither
—
Deed
related
$21,910 · Rimrock Development LLC
—
—
Elaine Gaither
—
Deed Of Trust
related
$21,910 · Rimrock Development LLC
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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