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Property profile & analytics
OFF-MARKET
Office buildings
7509 Baltimore Annapolis Blvd, Glen Burnie, MD 21060-7317
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1158996
Property summary
AI-generated overview
This exceptional retail property, located at 7509 Baltimore Annapolis Blvd in Glen Burnie, Maryland, presents a compelling investment opportunity. The 1,500 square foot building sits on a 0.19-acre lot, boasting a highly desirable C4 zoning designation. Currently operating as an established used car lot, the property benefits from a strong location just one block from a major intersection, ensuring high visibility and accessibility. The property is subject to a lease expiring February 28, 2026, with current monthly rent at $3,713.15, increasing to $3,824.54 on March 1, 2025. The asking price is $550,000, translating to $366.67 per square foot. Note that the water meter is shared with the adjacent property at 7511 Baltimore Annapolis Blvd
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
BRICK
Total area
750 SF
Lot
0.19 ac (8,085 SF)
Zoning code
C4
APN
05-326-05286345
UPID
US40-1158996
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
-
Star Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Evelyn Faye Cartette · 1 yrs held
Evelyn Faye Cartette
since 2025
Last sale
$460,000
3 recorded transactions
Zoning & alternative use
C4 · Glen Burnie, 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 Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie 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
—
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
$3,254
Tax year 2023
Assessed value
$298,000
Assessed 2023
Previous assessed
$295,000
+1.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$224,700
Improvement market value
$79,300
Total market value
$304,000
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
2
Total area
750 SF
Lot
0.19 ac (8,085 SF)
Zoning code
C4
APN
05-326-05286345
UPID
US40-1158996
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Glen Burnie, MD
Zoning C4 · permitted uses
C4 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Evelyn Faye Cartette
Individual
Free & Clear · 1 yrs held
Mailing address
5808 RITCHIE HWY, BALTIMORE, MD 21225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 6, 2025
$10,000
Evelyn Faye Cartette
Bernard Jeffers
Deed
related
—
Mar 6, 2025
$460,000
Diego Ipanaque
Sarah Lynn Galindo
Deed
—
May 3, 1999
—
Bernard O Jeffers
Jeffers,bernard O
Quit Claim Deed
related
$269,822 · Nationsbank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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