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Property profile & analytics
OFF-MARKET
Estimated value
$16,060,000
Grocery and convenience stores
10541 Connecticut Ave, Kensington, MD 20895-2401
Entity Owned
11-yr Hold
Free & Clear
Property ID
US40-1473331
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Total area
75,000 SF
Lot
2.36 ac (102,821 SF)
Zoning code
CRT2.
APN
13-03534795
UPID
US40-1473331
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
-
Starbucks Cafe & Coffee Shop
-
Bento Sushi Restaurant Take-out & Catering
-
FedEx OnSite Postal Service Courier Service
-
Amazon Locker - Natalia Postal Service Courier Service
-
Safeway Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.06M
Owner & transaction history
Nai Saturn Eastern LLC · 11 yrs held
Nai Saturn Eastern LLC
since 2015
1 recorded transaction
Zoning & alternative use
CRT2. · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$214 / 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
$246,038
Tax year 2022
Assessed value
$15,917,333
Assessed 2023
Previous assessed
$15,903,967
+0.1% YoY
Effective rate
1.55%
On assessed value
Land market value
$4,220,800
Improvement market value
$11,709,900
Total market value
$15,930,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
75,000 SF
Lot
2.36 ac (102,821 SF)
Zoning code
CRT2.
APN
13-03534795
UPID
US40-1473331
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT2. · Kensington, MD
Zoning CRT2. · permitted uses
CRT2. · 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
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Nai Saturn Eastern LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1371 OAKLAND BLVD STE #200, WALNUT CREEK, CA 94596-8408
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2015
—
Nai Saturn Eastern LLC
Safeway INC
Warranty 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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