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Property profile & analytics
OFF-MARKET
Estimated value
$1,960,000
Strip malls
5408 Southern Maryland Blvd, Lothian, MD 20711-2601
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-2276286
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
14,571 SF
Lot
1.86 ac (81,109 SF)
Zoning code
C3
APN
08-000-00398200
UPID
US40-2276286
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
-
Rich Grillz (Bike/Boat/Book/etc) Store
-
Subway Take-out & Catering
-
Dunkin' Cafe & Coffee Shop
-
Bay Community Health Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.96M
Owner & transaction history
Sh Lothian LLC · 21 yrs held
Sh Lothian LLC
since 2005
3 recorded transactions
Zoning & alternative use
C3 · Lothian, 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 Lothian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lothian 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
$135 / 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
$25,303
Tax year 2023
Assessed value
$2,317,100
Assessed 2023
Previous assessed
$1,961,700
+18.1% YoY
Effective rate
1.09%
On assessed value
Assessed land
$748,600
Assessed improvement
$1,568,500
Land market value
$748,600
Improvement market value
$1,568,500
Total market value
$2,317,100
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
14,571 SF
Lot
1.86 ac (81,109 SF)
Zoning code
C3
APN
08-000-00398200
UPID
US40-2276286
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Lothian, MD
Zoning C3 · permitted uses
C3 · Lothian, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lothian. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Sh Lothian LLC
Entity
Mailing address
2568TH RIVA RD STE #300, ANNAPOLIS, MD 21401-7449
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
—
Sh Lothian LLC
—
Deed
related
$1,000,000 · Severn Savings Bank Fsb
Jan 18, 2005
$550,000
Sh Lothian LLC
John L Dorr SR.
Deed
—
—
—
Sh Lothian LLC
—
Deed Of Trust
related
$1,200,000 · Old Line Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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