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    For Sale (15)

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    Versatile Commercial Building Near Downtown
    $180,000
    4,456 SF

    Versatile Commercial Building Near Downtown

    Former restaurant/bar suitable for various business endeavors near downtown Indianapolis.

    2280 S Meridian St, Indianapolis, IN 46225
    View details
    Residential Lot in Indian Lake
    $100,000
    1.01 Acres

    Residential Lot in Indian Lake

    1.01 acre residential lot for custom home construction.

    10770 Indian Lake Blvd S, Indianapolis, IN 46236
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    Noblesville Land Development Opportunity
    $1,798,000
    25.69 Acres

    Noblesville Land Development Opportunity

    25.69 acres of agricultural land in growing Noblesville area.

    16550 E 156Th St, Noblesville, IN 46060
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    58 Acres Investment Opportunity
    $3,190,000
    58.00 Acres

    58 Acres Investment Opportunity

    58 acres of agricultural land near Mt. Comfort Business Park.

    500 500 North, McCordsville, IN 46055
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    Bethesda Office Condo For Sale
    $375,000

    Bethesda Office Condo For Sale

    Office condo in Kenwood Place, Bethesda, suitable for professional services.

    5301 Westbard Cir, Bethesda, MD 20816
    View details
    Columbia Heights Investor Opportunity
    $975,000
    2,760 SF

    Columbia Heights Investor Opportunity

    Four 1BR units with parking in Columbia Heights.

    615 Newton Pl NW, Washington, DC 20010
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    Partially Completed Four-Unit Building
    $500,000
    3,228 SF

    Partially Completed Four-Unit Building

    Partially completed four-unit building near the arboretum.

    1223 18Th Pl NE, Washington, DC 20002
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    Victorian Multifamily in Washington, DC
    $1,200,000
    3,306 SF

    Victorian Multifamily in Washington, DC

    Multifamily Victorian property near NOMA Metro in Washington, DC.

    1332 N Capitol St NW, Washington, DC 20002
    View details
    Commercial Land in Downtown Noblesville
    $300,000
    0.32 Acres

    Commercial Land in Downtown Noblesville

    Commercial land near Federal Hill Commons, White River, and downtown.

    265 John St, Noblesville, IN 46060
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    Brookland Multifamily Investment Opportunity
    $1,000,000
    3,200 SF

    Brookland Multifamily Investment Opportunity

    Updated 4-unit building near Metro, universities, and local amenities.

    820 Taylor St NE, Washington, DC 20017
    View details
    Versatile Commercial Building on 1.66 Acres
    $875,000
    5,600 SF

    Versatile Commercial Building on 1.66 Acres

    Multi-use commercial building with high visibility and income potential.

    5982 W State Road 32, Anderson, IN 46011
    View details
    Luxury Mixed-Use Investment Opportunity
    $9,000,000
    12,275 SF

    Luxury Mixed-Use Investment Opportunity

    Prime DC Location, High-Yield Potential

    444-448 K St, Washington, DC 20001
    View details
    Partially Completed Multifamily Building
    $650,000

    Partially Completed Multifamily Building

    Partially completed 4-unit building, permitted for duplexes, below market value.

    1223 18Th Pl Ne, Washington, DC 20002
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    Partially Completed Four-Unit Building
    $500,000

    Partially Completed Four-Unit Building

    Partially completed, fully-permitted four-unit building for sale.

    1223 18Th St NE, Washington, DC 20002
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    Columbia Heights Investor Opportunity
    $975,000
    2,760 SF

    Columbia Heights Investor Opportunity

    Four 1BR units with parking in Columbia Heights.

    615 Newton Pl Northwest, Washington, DC 20010
    View details

    For Lease (4)

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    Downtown Silver Spring Commercial Space
    $15,000 / Mo
    3,999 SF

    Downtown Silver Spring Commercial Space

    Versatile 5,900 sq. ft. space in prime location.

    8618 Fenton St, Silver Spring, MD 20910
    View details
    Silver Spring Commercial Space Available
    $6,000 / Mo
    3,999 SF

    Silver Spring Commercial Space Available

    3,700 sq ft commercial space in downtown Silver Spring.

    8618 Fenton St, Silver Spring, MD 20910
    View details
    Downtown Silver Spring Commercial Property
    $21,000
    3,999 SF

    Downtown Silver Spring Commercial Property

    Versatile 9,700 sq. ft. commercial space in prime location.

    8618 Fenton St, Silver Spring, MD 20910
    View details
    Mixed-Use Commercial Property with Parking
    Contact for pricing

    Mixed-Use Commercial Property with Parking

    Mixed-use commercial property suitable for various businesses with ample parking.

    2004 Frederick Ave, Baltimore, MD 21223
    View details

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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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