Entity Owned Property summary
AI-generated overview
Waugh Chapel Business Park is a 24-acre business community totaling 226,840 square feet of flex and R&D space, located directly adjacent to the retail, entertainment, and dining amenities at Waugh Chapel Towne Centre in Gambrills. The park is positioned immediately off Crain Highway (MD Route 3) and provides roadway access to Fort Meade, Baltimore, Annapolis, and Washington, D.C. via Interstate 97, MD Routes 32 and 175, and US 50. The buildings are constructed with brick on block and feature a minimum ceiling height of 18 feet; the zoning is MXD-R. Parking is provided at a ratio of 4 spaces per 1,000 square feet. Individual suites may include an 18-foot clear height and drive-in loading capability, and the site presents potential for a fenced outdoor recreational area.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2023
Lot
2.8 ac (121,794 SF)
Zoning code
MXDR
APN
04-883-90250249
UPID
US40-1949036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
since 2022
Last sale
$4.4M
3 recorded transactions
Zoning & alternative use
MXDR · Gambrills, MD
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.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.35M
Value range
$3.92M – $4.79M
±10% around blend
Confidence
Property data
75
Market benchmarks
33
Comparable evidence
60
$3.92M
blend $4.35M
$4.79M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
2.8 ac
Year built
2023
APN
04-883-90250249
Zoning
MXDR
Assessed value
$1,467,900
Annual tax
$16,029
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 364 sales
$306
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 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$4.44M
Move the market yield to see immediate price impact.
Value / SF
N/A
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%
$279k
$5.59M
$3.99M
$3.10M
$310k
$6.21M
$4.44M
$3.45M
$341k
$6.83M
$4.88M
$3.79M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,029
Tax year 2023
Assessed value
$1,467,900
Assessed 2023
Previous assessed
$1,528,700
-4.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,467,900
Land market value
$1,467,900
Total market value
$1,467,900
Applied tax rate
4.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2023
Heating
NONE
Cooling
YES
Lot
2.8 ac (121,794 SF)
Zoning code
MXDR
APN
04-883-90250249
UPID
US40-1949036
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
MXDR · Gambrills, MDZoning MXDR · permitted uses
MXDR · Gambrills, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Cooling
Yes
Lot
2.8 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MXDR
Jurisdiction
Gambrills, MD
Recorded code
MXDR
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Your membership includes if available
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