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Financial
Distress signals
Property profile

645 Ridgely Ave Annapolis, MD 21401

OFF-MARKET
Office buildings
Property ID
US40-1337270
1,514 SF 0.19 ac lot Built 1986
Last sale May 2024 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A turn-key two-story medical/professional office building containing approximately 3,080 square feet, configured with 11 offices and two waiting areas (or one waiting area and one conference/meeting room), plus an adjacent powder room. The property includes one building with four entrances spanning two separate tax parcels. It is located approximately 1.5 miles from Anne Arundel Medical Center, less than 1.5 miles from the Anne Arundel County Circuit Court, and within about one mile of Route…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$520k
Effective rate1.09%

Value estimate

· Oct 2026
$900k
$810k – $990k
AI approach$900k
Submarket $/SF estimate$1.22M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$559/SF
ZIP average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$278 – $821
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
The C2 Conservation Business district is designed to encourage the preservation of the old city by allowing a compatible mixture of busin...
General categoryCOMMERCIAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.4
Hair Salon16.6
Nail Salon15.3

Location

645 Ridgely Ave Annapolis, MD 21401-1069
County assessor Recorded deeds · 11 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Market Spc, Annapolis, MD 21401-1816 $2,300,000 Apr 2025 1,296 SF
121 Main, Annapolis, MD 21401-2059 $1,250,000 Sep 2024 1,500 SF
17 Pinewood, Annapolis, MD 21401-3120 $625,000 May 2024 1,632 SF
647 Ridgely, Annapolis, MD 21401-1069 $900,000 May 2024 1,514 SF
30 Oak, Annapolis, MD 21401-7017 $999,999 Dec 2023 1,838 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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