Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    42 Hudson St Ste, Unit 204 Annapolis, MD 21401-3167

    • Industrial properties
    • 1,702 SF
    • 0.04 lot acres
    OFF-MARKET
    Last Sale
    Feb 08, 2022
    $210,000
    Value Estimations
    $205,000
    Show details
    Cap Rate Potential
    4.3%
    Industrial properties
    Location Intelligence
    Property ID
    US40-1386620
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 42 Hudson St Ste

    Lot size
    0.04 lot acres
    Property size
    1,702 SF
    Zone code
    C4W2
    Property type
    Industrial properties
    APN
    06-000-90069984
    APU
    600090069984

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $210,000
      ML approach
      $240,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $150,000
      6.5%
      $140,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $240,000
      Market price range: $225k - $520k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5283
    Latitude
    38.9875
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,586
    $108,000
    $72,100
    $180,100
    -
    $108,000
    $72,100
    $180,100

    Comparable in this City

    • Value Estimation
      $300,000
      0.08 Acres

      Gibralter Ave

      INDUSTRIAL (GENERAL) • 0.08 Acres
      Gibralter Ave, Annapolis, MD 21401
      View Details
    • Value Estimation
      $335,000
      1,005 SF

      42 Hudson St Ste A201

      CONDOMINIUMS (INDUSTRIAL) • 1,005 SF
      42 Hudson St Ste A201, Annapolis, MD 21401-8537
      View Details
    • Value Estimation by Request
      46,586 SF

      2020 Industrial Dr

      INDUSTRIAL LOFT BUILDING • 46,586 SF
      2020 Industrial Dr, Annapolis, MD 21401-2903
      View Details
    • Value Estimation
      $1,145,000
      38,100 SF

      1789 Mcguckian St

      INDUSTRIAL LOFT BUILDING • 38,100 SF
      1789 Mcguckian St, Annapolis, MD 21401-4021
      View Details
    • Value Estimation
      $320,000
      878 SF

      104 Hudson St, Unit C

      CONDOMINIUMS (INDUSTRIAL) • 878 SF
      104 Hudson St, Annapolis, MD 21401
      View Details
    • Value Estimation by Request
      617 SF

      2012 Renard Ct Ste F

      CONDOMINIUMS (INDUSTRIAL) • 617 SF
      2012 Renard Ct Ste F, Annapolis, MD 21401-6765
      View Details

    Similar Nearby for Sale

    • $429,000
      1,508 SF

      Annapolis Industrial Space - Renovated

      Prime Annapolis industrial space, renovated throughout.
      2112 Renard Ct Unit, Annapolis, MD 21401
      View Details
    • $246,600

      Convertible Office Condo For Sale

      Office condo in Annapolis, MD, with warehouse conversion potential.
      2014 Renard Ct, Annapolis, MD 21401
      View Details
    • Contact for pricing

      Annapolis Flex Space Available

      Flex space for lease in Annapolis, Maryland.
      300 Chinquapin Round Rd, Annapolis, MD 21401
      View Details
    • $1,650,000
      1.07 Acres

      Annapolis Commercial Development Site

      Prime 1.07-acre lot, permit-ready.
      1503 Forest Dr, Annapolis, MD 21401
      View Details
    • Contact for pricing
      1.17 Acres

      Annapolis Office Space - Prime Location

      Spacious Office, Excellent Annapolis Location
      2563 Forest Dr, Annapolis, MD 21401
      View Details
    • Contact for pricing
      0.08 Acres

      Annapolis Office Building - Main Street

      Historic Annapolis Office, Fully Furnished
      180 Main St, Annapolis, MD 21401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      133,000 SF

      Annapolis Tech Park Space Available

      Flex, R&D, & Retail Space in Annapolis, MD
      0 Truman Pkwy, Annapolis, MD 21401
      View Details
    • Contact for pricing
      129,940 SF

      Annapolis Executive Office/Warehouse

      Class A Office & Warehouse Space in Annapolis, MD
      888 Bestgate Rd, Annapolis, MD 21401
      View Details
    • Contact for pricing
      7,969 SF

      Warehouse Space with Loading Docks

      7,969 SF warehouse space featuring five loading docks.
      1981 Moreland Pkwy, Annapolis, MD 21401
      View Details
    • Contact for pricing
      5,127 SF

      Annapolis Office/Flex Space Available

      Largest, most accessible office/flex space in Annapolis, Maryland.
      2001-2003 Commerce Park Dr, Annapolis, MD 21401
      View Details
    • Contact for pricing
      21,375 SF

      300-314 Legion Ave

      Flex space • 21,375 SF
      300-314 Legion Ave, Annapolis, MD 21401
      View Details
    • $20 SF/Yr
      11,700 SF

      Annapolis Industrial Warehouse for Lease

      Industrial warehouse with 20' ceiling height in Parole Town Center.
      2305 Katcef Ave, Annapolis, MD 21401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    42 Hudson St Ste, Unit 204
    Annapolis, MD 21401-3167
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.