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Property profile & analytics
OFF-MARKET
Estimated value
$32,305,000
Apartment buildings
10225 Frederick Ave, Kensington, MD 20895-3308
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1091987
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1962
Total area
159,900 SF
Lot
2.78 ac (121,096 SF)
Zoning code
R10
APN
13-01018580
UPID
US40-1091987
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
Current use
Occupant on record · Public records
-
The Kensington House Apartment Complex
-
Vista Management Co Property Management Company
-
ROOFING BUILDERS LLC Roofing Company General Contractor
-
Sneaker Insanity Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
AURORA HOME CAREGIVERS LLC Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$40.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$32.31M
Owner & transaction history
Bimblich Diener & Co LLC · 1 yrs held
Bimblich Diener & Co LLC
since 2025
2 recorded transactions
Zoning & alternative use
R10 · Kensington, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kensington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kensington 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,000,000
6.5%
$40,620,000
7%
$37,715,000
Blend value · Realmo final
$32.31M
Range $29.07M – $35.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$202 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$195,669
Tax year 2022
Assessed value
$14,692,000
Assessed 2023
Previous assessed
$15,334,000
-4.2% YoY
Effective rate
1.33%
On assessed value
Assessed land
$6,433,800
Assessed improvement
$8,258,200
Land market value
$6,433,800
Improvement market value
$8,258,200
Total market value
$14,692,000
Applied tax rate
22.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1962
Heating
NONE
Stories
9
Units
138
Total area
159,900 SF
Lot
2.78 ac (121,096 SF)
Zoning code
R10
APN
13-01018580
UPID
US40-1091987
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R10 · Kensington, MD
Zoning R10 · permitted uses
R10 · Kensington, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kensington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
9
Units
138
Lot
2.78 ac
Current owner
From public records · entity-resolved
Bimblich Diener & Co LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12041 BOURNEFIELD WAY STE C, SILVER SPRING, MD 20904-7908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Bimblich Diener & Co LLC
Advanced Conservation Technologies
Deed
—
—
—
Bimblich-diener & Co LLC
—
Deed Of Trust
related
$7,500,000 · John Hancock Life Insurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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