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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Retail space
112 Frederick Ave, Gaithersburg, MD 20877-2411
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-2392631
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
BRICK
Total area
4,830 SF
Lot
0.68 ac (29,724 SF)
Zoning code
CD
APN
09-00819934
UPID
US40-2392631
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
-
King's Laundromat (Bike/Boat/Book/etc) Store
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Kute LLC · 8 yrs held
Kute LLC
since 2017
7 recorded transactions
Zoning & alternative use
CD · Gaithersburg, 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 Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg 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%
$1,850,000
6.5%
$1,710,000
7%
$1,585,000
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$335 / 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
$24,762
Tax year 2022
Assessed value
$1,800,000
Assessed 2023
Previous assessed
$1,800,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$746,600
Assessed improvement
$1,053,400
Land market value
$746,600
Improvement market value
$1,053,400
Total market value
$1,800,000
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,830 SF
Lot
0.68 ac (29,724 SF)
Zoning code
CD
APN
09-00819934
UPID
US40-2392631
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CD · Gaithersburg, MD
Zoning CD · permitted uses
CD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Kute LLC
Entity
Mailing address
16185 SHADY GRV RD, GAITHERSBURG, MD 20877-4015
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2017
$2,500,000
Kute LLC
Tamiz Property Investments LLC
Deed
$1,875,000 · Revere Bank
May 16, 2006
$1,960,000
Tamiz Property Investments LLC
Jemals Color Tile Gaithersburg L
Grant Deed
$980,000 · Bank Of America
Nov 19, 1997
$465,000
Jemals,color Tile Gburg LLC C/o
Texas,commerce B
Grant Deed
$1,245,000 · Farmers & Mechanics Bank
—
—
Jemals Color Tile Gaithersburg
—
Deed Of Trust
related
$1,425,000 · Farmers & Mechanics Nat'l Bank
—
—
Jemals Color Tile Gaithersburg
—
Deed Of Trust
related
$1,012,500 · Farmers & Mechanics Nat'l Bank
—
—
Jemals Color Tile Gaithersburg
—
Deed Of Trust
related
$975,000 · Farmers & Mechanics Bank
—
—
Jemals Color Tile Gaithersburg
—
Deed Of Trust
related
$910,000 · Farmers & Merchants Nat'l 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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