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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Hotels
7401 Assateague Dr, Jessup, MD 20794-3253
Entity Owned
~
Est. High Equity
Property ID
US40-2047398
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1979
Construction
CONCRETE
Total area
54,937 SF
Lot
10 ac (435,600 SF)
Zoning code
M2
APN
06-442358
UPID
US40-2047398
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
-
bp Gas Station
-
FedEx Drop Box Postal Service Courier Service
-
DLD Associate Employment Agency
-
Country Pride Restaurant
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$695k
Owner & transaction history
Svc 2026 Ta Abs LLC
Svc 2026 Ta Abs LLC
since 2026
5 recorded transactions
Zoning & alternative use
M2 · Jessup, 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 Jessup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jessup 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
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$900,000
Current use
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$13 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$56,542
Tax year 2022
Assessed value
$5,002,000
Assessed 2023
Previous assessed
$5,021,500
-0.4% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,178,000
Assessed improvement
$2,824,000
Land market value
$2,178,000
Improvement market value
$2,824,000
Total market value
$5,002,000
Applied tax rate
6.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
5
Units
4
Total area
54,937 SF
Lot
10 ac (435,600 SF)
Zoning code
M2
APN
06-442358
UPID
US40-2047398
Jurisdiction
HOWARD
Zoning & alternative use
M2 · Jessup, MD
Zoning M2 · permitted uses
M2 · Jessup, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jessup. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$900,000
HOTEL/MOTEL Current
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
1979
Construction
CONCRETE
Heating
HEAT PUMP
Stories
5
Buildings
3
Units
4
Lot
10 ac
Current owner
From public records · entity-resolved
Svc 2026 Ta Abs LLC
Entity
Mailing address
24601 CTR RDG RD, WESTLAKE, OH 44145-5634
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
—
Svc 2026 Ta Abs LLC
Hpt Ta Properties LLC
Special Warranty Deed
$1,394,327,500 · Citibank Nys
Aug 11, 2021
—
Hpt Ta Properties LLC
—
Deed
related
$16,971,635 · Wells Fargo Bank NA
Jul 12, 2021
—
Hpt Ta Properties LLC
—
Deed
related
$16,971,635 · Wells Fargo Bank NA
Nov 27, 2007
$24,900,000
Hpt Gl Properties LLC
Dld Associates
Grant Deed
—
—
—
Dld Associates LP
—
Deed Of Trust
related
$7,000,000 · John Hancock Life Insurance Co
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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