Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Investment properties
6 Severn Ave Annapolis, MD 21403-2610
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-2022933
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2003
Construction
FRAME
Total area
4,578 SF
Lot
0.19 ac (8,278 SF)
Zoning code
WME
APN
06-000-08598205
UPID
US40-2022933
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$720k
Owner & transaction history
Kidwell,jillinda J Trust · 6 yrs held
Kidwell,jillinda J Trust
since 2019
4 recorded transactions
Zoning & alternative use
WME · Annapolis, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The WME Waterfront Maritime Eastport district is intended to provide a location for maritime and accessory uses in conjunction with single family residences in areas where the existing lot configuration limits the effective functioning of maritime industrial operations
Zone name
Waterfront Maritime Eastport
General category
INDUSTRIAL
Zone area
31.23 ac
Source
Realmo
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 Annapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis 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
by Request
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$725,000
7%
$675,000
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
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
$157 / 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
$26,078
Tax year 2023
Assessed value
$1,846,100
Assessed 2023
Previous assessed
$1,833,200
+0.7% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,302,400
Assessed improvement
$543,700
Land market value
$1,302,400
Improvement market value
$543,700
Total market value
$1,846,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Units
1
Bathrooms
3
Total area
4,578 SF
Lot
0.19 ac (8,278 SF)
Zoning code
WME
APN
06-000-08598205
UPID
US40-2022933
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
WME · Annapolis, MDZoning WME · permitted uses
WME · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The WME Waterfront Maritime Eastport district is intended to provide a location for maritime and accessory uses in conjunction with single family residences in areas where the existing lot configuration limits the effective functioning of maritime industrial operations
Zone name
Waterfront Maritime Eastport
General category
INDUSTRIAL
Zone area
31.23 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
1
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kidwell,jillinda J Trust
Trust
Mailing address
6 SEVERN AVE, ANNAPOLIS, MD 21403-2610
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2019
—
Kidwell,jillinda J Trust
David S Kidwell
Quit Claim Deed
related
—
Jun 7, 2002
—
Ronald B Brunetto
Brunetto,ronald B
Quit Claim Deed
related
$650,000 · Indymac Bank Fsb
Aug 3, 2001
$200,000
Ronald B Brunetto
Brunetto,carl A
Grant Deed
related
—
—
—
David S Kidwell
—
Deed Of Trust
related
$483,195 · Coldwell Banker Home Loans
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6 Severn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
