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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Auto shops
11085 Mall Cir, Waldorf, MD 20603-4863
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-0359455
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,304 SF
Lot
1.07 ac (46,609 SF)
Zoning code
PUD
APN
06-204961
UPID
US40-0359455
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
-
Mr. Tire Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.53M
Owner & transaction history
11085 Mall Circle LLC · 21 yrs held
11085 Mall Circle LLC
since 2004
7 recorded transactions
Zoning & alternative use
PUD · Waldorf, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.2M
+45.8%
Restaurant
$1.9M
+29.3%
Retail stores
$1.5M
+3.1%
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 Waldorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waldorf 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,490,000
Current use
WAREHOUSE, STORAGE
$2,175,000
Change: +46% · Conversion: Easy
RESTAURANT
$1,930,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$1,535,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,455,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$164 / 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
$21,554
Tax year 2023
Assessed value
$1,604,633
Assessed 2023
Previous assessed
$1,604,633
+0.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$733,000
Improvement market value
$1,084,500
Total market value
$1,817,500
Applied tax rate
6.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
9,304 SF
Lot
1.07 ac (46,609 SF)
Zoning code
PUD
APN
06-204961
UPID
US40-0359455
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PUD · Waldorf, MD
Zoning PUD · permitted uses
PUD · Waldorf, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waldorf. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$2.2M
RESTAURANT
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
11085 Mall Circle LLC
Entity
Mailing address
6920 POINTE INVERNESS WAY STE #301, FORT WAYNE, IN 46804-7926
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
—
11085 Mall Circle LLC
—
Deed
related
$2,150,000 · Wesbanco Bank INC
Dec 29, 2004
—
11085 Mall Circle LLC
Henderson,adam B JR
Grant Deed
related
—
Oct 19, 2001
$825,000
Adam B Henderson
Montgomery Ward Development
Grant Deed
$900,000 · Carrollton Bank
Aug 18, 1999
—
Montgomery Ward Dev LLC
—
Deed Of Trust
related
$300,000,000 · General Electric Cap Co Ttee
—
—
Adam B Henderson
—
Deed Of Trust
related
$350,000 · Regal Bank & Trust
—
—
11085 Mall Circle LLC
—
Deed Of Trust
related
$1,385,519 · Ge Com'l Finance Business Prop
—
—
11085 Mall Circle LLC
—
Deed Of Trust
related
$1,781,895 · Old Line Bk
—
—
Montgomery Ward Dev LLC
—
Deed Of Trust
related
—
—
—
Adam B Henderson
—
Deed Of Trust
related
$900,000 · Greater Atlantic Bank
—
—
11085 Mall Circle LLC
—
Deed Of Trust
related
$550,000 · Carrollton Bank
—
—
11085 Mall Circle LLC
—
Deed Of Trust
related
$1,360,000 · Carrollton Bank
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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