Technical
Financial
Distress signals
Property profile

823 Bestgate Rd Annapolis, MD 21401

OFF-MARKET
Banks
Property ID
US40-2070315
7,862 SF 3.77 ac lot Built 2014
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2014
Construction BRICK
Total area 7,862 SF
Lot 3.77 ac (164,352 SF)
Zoning code C2
APN 02-000-00410175
UPID US40-2070315

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

823 Bestgate Rd Annapolis, MD 21401-3028
Annapolis metro Census 702704 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$3.71M

Owner & transaction history

since 2012
4 recorded transactions
2012
$3.7M
2008
$1.0M
2004
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Annapolis, MD
Zoning description

The C2 Conservation Business district is designed to encourage the preservation of the old city by allowing a compatible mixture of business and home crafts and shops, unique to the early development of the city

General category COMMERCIAL
Top alternative use upside
Retail stores $1.7M +37.8%
Industrial (general) $1.6M +29.2%
Restaurant $1.3M +3.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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