Entity Owned Property summary
AI-generated overview
The property is a 7,200-square-foot warehouse located in Annapolis Junction, Maryland. It is constructed with foam insulated block and brick masonry. The interior includes a 20-foot clear ceiling height and is supplemented by 4’ x 5’ double-domed skylights. The building has insulated 9’ x 10’ dock doors, with drive-in doors available as an option. Electrical service is provided at 200 amp, 120/208 volt, 3-phase, 4-wire, along with gas heat and access to public utilities. Exterior amenities include landscaped areas, exterior lighting, and signage, and parking is provided at approximately 3 spaces per 1,000 square feet.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL PARK
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,000 SF
Lot
8.99 ac (391,604 SF)
Zoning code
TOD
APN
06-429904
UPID
US40-0392466
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
High School
-
Corporate Office Factory
-
Real Estate Agency
-
Real Estate Agency
-
Church
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.54M
Owner & transaction history
since 1999
4 recorded transactions
Zoning & alternative use
TOD · Annapolis Jct, MD
Top alternative use upside
Warehouse, storage
$8.0M
+33.3%
Office building
$7.4M
+22.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.54M
Value range
$4.99M – $6.09M
±10% around blend
Estimated value / SF
$126 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$4.99M
blend $5.54M
$6.09M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
44,000 SF
Lot area
8.99 ac
Year built
2000
Stories
1
APN
06-429904
Zoning
TOD
Assessed value
$8,804,700
Annual tax
$97,990
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$17.52M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.0 mi away · 49,600 SF
17.9 mi away · 49,386 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 16 sales
$137
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $126/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+33%
vs current-use indication
Office Building
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.80M
Move the market yield to see immediate price impact.
Value / SF
$200
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$555k
$11.09M
$7.92M
$6.16M
$616k
$12.33M
$8.80M
$6.85M
$678k
$13.56M
$9.69M
$7.53M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$27.50M
5.3 mi · Jan 2026 · $585/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$97,990
Tax year 2022
Assessed value
$8,804,700
Assessed 2023
Previous assessed
$8,702,500
+1.2% YoY
Effective rate
1.11%
On assessed value
Land market value
$2,349,600
Improvement market value
$6,659,500
Total market value
$9,009,100
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
44,000 SF
Lot
8.99 ac (391,604 SF)
Zoning code
TOD
APN
06-429904
UPID
US40-0392466
Jurisdiction
HOWARD
Zoning & alternative use
TOD · Annapolis Jct, MDZoning TOD · permitted uses
TOD · Annapolis Jct, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
8.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
TOD
Jurisdiction
Annapolis Jct, MD
Recorded code
TOD
Ownership Intelligence
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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