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Property profile & analytics
OFF-MARKET
Estimated value
$8,185,000
Warehouses
9 Old Ml Btm N Rd, Annapolis, MD 21409-5424
Individually Owned
6-yr Hold
Free & Clear
Property ID
US40-1424990
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
81,496 SF
Lot
3.89 ac (169,405 SF)
Zoning code
C4
APN
03-000-21576800
UPID
US40-1424990
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
-
Extra Space Storage Storage Facility
-
Elements Heating & Cooling HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.19M
Owner & transaction history
Anne Arundel Cnty Md · 6 yrs held
Anne Arundel Cnty Md
since 2020
6 recorded transactions
Zoning & alternative use
C4 · Annapolis, 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 Annapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annapolis 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
$100 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$89,638
Tax year 2023
Assessed value
$8,208,633
Assessed 2023
Previous assessed
$8,163,367
+0.6% YoY
Effective rate
1.09%
On assessed value
Land market value
$2,960,900
Improvement market value
$5,293,000
Total market value
$8,253,900
Applied tax rate
3.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
3
Units
1
Bathrooms
2
Total area
81,496 SF
Lot
3.89 ac (169,405 SF)
Zoning code
C4
APN
03-000-21576800
UPID
US40-1424990
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Annapolis, MD
Zoning C4 · permitted uses
C4 · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
3
Units
1
Bathrooms
2
Lot
3.89 ac
Current owner
From public records · entity-resolved
Anne Arundel Cnty Md
Individual
Free & Clear · 6 yrs held
Mailing address
5101 WISCONSIN AVE NW STE #200, WASHINGTON, DC 20016-4136
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
—
Anne Arundel Cnty Md
Route 50 Dev Group LLC
Grant Deed
—
Nov 22, 2019
—
Route 50 Development Group LLC
—
Deed
related
$701,313 · John Marshall Bank
Feb 6, 2019
—
Route 50 Dev Group LLC
Route 50 Dev Group LLC
Quit Claim Deed
related
—
Aug 15, 2018
$3,177,147
Route 50 Dev Group LLC
Collins,paul A
Grant Deed
—
Apr 3, 2001
—
Paul A Collins
Collins,paul A & Margaret L
Quit Claim Deed
related
$125,000 · Mnc Mortgage
—
—
Paul A Collins
—
Deed Of Trust
related
$130,000 · Ft Mortgage 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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