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    Property profile & analytics

    940 Bay Rdg Ave Annapolis, MD 21403-3033

    • Office buildings
    • 1,360 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Sep 16, 2022
    $500,000
    Location Intelligence
    Property ID
    US40-1572191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tarrant H Lomax Esq PC / Attorney
    • Kittens In Cups / Animal Shelter
    • Jonathan A. Hodgson / Attorney

    Property Details for 940 Bay Rdg Ave

    Year built
    1945
    Lot size
    0.21 lot acres
    Property size
    1,360 SF
    Zone code
    B1
    Property type
    Office buildings
    APN
    06-000-02419200
    APU
    600002419200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.4897
    Latitude
    38.9652
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,553
    $378,200
    $140,600
    $518,800
    -
    $378,200
    $140,600
    $518,800

    Comparable in this City

    • Value Estimation by Request
      7,448 SF

      723 2nd St

      OFFICE BUILDING • 7,448 SF
      723 2nd St, Annapolis, MD 21403-3323
      View Details
    • Value Estimation by Request
      4,000 SF

      1415 Frst Dr

      OFFICE BUILDING • 4,000 SF
      1415 Frst Dr, Annapolis, MD 21403-1424
      View Details
    • Value Estimation
      $1,765,000
      2,640 SF

      921 Bay Rdg Ave

      OFFICE BUILDING • 2,640 SF
      921 Bay Rdg Ave, Annapolis, MD 21403-3029
      View Details
    • Value Estimation
      $1,330,000
      2,380 SF

      410 4th St

      OFFICE BUILDING • 2,380 SF
      410 4th St, Annapolis, MD 21403-2504
      View Details
    • Value Estimation
      $375,000
      1,888 SF

      421 4th St

      OFFICE BUILDING • 1,888 SF
      421 4th St, Annapolis, MD 21403-2503
      View Details
    • Value Estimation
      $700,000
      1,152 SF

      819 Bay Rdg Ave

      OFFICE BUILDING • 1,152 SF
      819 Bay Rdg Ave, Annapolis, MD 21403-2433
      View Details

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    Annapolis, MD 21403-3033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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