Technical
Financial
Distress signals
Property profile

948 Bay Rdg Rd Annapolis, MD 21403

OFF-MARKET
Banks
Property ID
US40-0653135
2,378 SF 11.67 ac lot
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Construction BRICK
Total area 2,378 SF
Lot 11.67 ac (508,345 SF)
Zoning code B2
APN 06-000-90026737
UPID US40-0653135

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
  • Electric Vehicle Charging Station
  • Grocery & Convenience Store Food Market
  • Pharmacy
  • Atm
  • Take-out & Catering

Location

948 Bay Rdg Rd Annapolis, MD 21403-3958
Annapolis metro Census 706303 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$588k
Blend (final) Blend
$580k

Owner & transaction history

since 2014
4 recorded transactions
2014
Price N/A
2004
$1
2004
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Annapolis, MD
Zoning description

The B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is permitted for both daily and occasional shopping

General category COMMERCIAL
Top alternative use upside
Commercial (general) $545,000 +46.9%
Office building $510,000 +36.5%
Retail stores $465,000 +24.6%

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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