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Property profile & analytics
OFF-MARKET
Estimated value
$7,365,000
Assisted living facilities
979 Bay Vlg Dr Annapolis, MD 21403-4089
Entity Owned
8-yr Hold
Property ID
US40-0510454
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2021
Total area
84,189 SF
Lot
6.3 ac (274,515 SF)
Zoning code
R1
APN
06-000-12623805
UPID
US40-0510454
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.37M
Owner & transaction history
Cs Bay Village Associates LLC · 8 yrs held
Cs Bay Village Associates LLC
since 2017
5 recorded transactions
Zoning & alternative use
R1 · Annapolis, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R1 Single Family Residence district provides for single family detached dwellings at approximately six dwelling units per acre and other uses compatible with these single family neighborhoods of the city
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
459.71 ac
Source
Realmo
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
$87 / 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
$248,900
Tax year 2023
Assessed value
$17,332,900
Assessed 2023
Previous assessed
$16,868,607
+2.8% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,342,100
Assessed improvement
$15,990,800
Land market value
$1,342,100
Improvement market value
$15,990,800
Total market value
$17,332,900
Applied tax rate
1.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
3
Units
88
Bathrooms
1
Total area
84,189 SF
Lot
6.3 ac (274,515 SF)
Zoning code
R1
APN
06-000-12623805
UPID
US40-0510454
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R1 · Annapolis, MDZoning R1 · permitted uses
R1 · Annapolis, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R1 Single Family Residence district provides for single family detached dwellings at approximately six dwelling units per acre and other uses compatible with these single family neighborhoods of the city
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
459.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
3
Units
88
Bathrooms
1
Lot
6.3 ac
Current owner
From public records · entity-resolved
Cs Bay Village Associates LLC
Entity
Mailing address
6600 BROOKTREE RD STE #1000, WEXFORD, PA 15090-6703
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
—
Cs Bay Village Associates LLC
—
Deed
related
$22,400,000 · First National Bank Of Pennsylvania
Dec 27, 2017
$2,800,000
Cs Bay Village Associates LLC
Brig LLC
Trustees Deed
$18,750,000 · First Nat'l Bk/pa
Oct 1, 2009
$2,000,000
Brig LLC
Bay Village LLC
Grant Deed
—
Feb 15, 2005
—
Presidential Builders INC
Woelfel,ola G
Grant Deed
related
—
Jan 24, 2000
$85,000
Presidential Builders INC
Woelfel,george B
Grant Deed
—
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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