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    Property profile & analytics

    1151 Fortune Ter Rockville, MD 20854

    • Individual retail properties
    • 67,157 SF
    • 3.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 14, 2023
    $19,750,000
    Location Intelligence
    Property ID
    US40-1146723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Individual retail properties

    Property Details for 1151 Fortune Ter

    Year built
    2008
    Lot size
    3.18 lot acres
    Property size
    67,157 SF
    Zone code
    MXCD
    Property type
    Individual retail properties
    APN
    04-03869046
    APU
    403869046

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.2042
    Latitude
    39.1364
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $179,251
    $0.00
    $0.00
    $13,140,900
    -
    $2,057,200
    $17,464,700
    $19,521,900

    Comparable in this City

    • Value Estimation by Request
      5,773 SF

      12430 Park Potomac Ave, Unit #

      RETAIL STORES (PERSONAL SERVICES) • 5,773 SF
      12430 Park Potomac Ave, Potomac, MD 20854-6948
      View Details
    • Value Estimation by Request
      56,000 SF

      12435 Park Potomac Ave

      RETAIL STORES (PERSONAL SERVICES) • 56,000 SF
      12435 Park Potomac Ave, Potomac, MD 20854-6975
      View Details
    • Value Estimation by Request
      291 SF

      10250 Riv Rd

      FINANCIAL BUILDING • 291 SF
      10250 Riv Rd, Rockville, MD 20854-4905
      View Details
    • Value Estimation by Request
      4,000 SF

      12400 Park Potomac Avec-2

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      12400 Park Potomac Avec-2, Potomac, MD 20854-6973
      View Details
    • Value Estimation by Request
      79,351 SF

      10100 Riv Rd

      MINI-MALL • 79,351 SF
      10100 Riv Rd, Rockville, MD 20854-4903
      View Details
    • Value Estimation by Request
      7,564 SF

      12948 Travilah Rd

      SHOPPING CENTER, STRIP CENTER • 7,564 SF
      12948 Travilah Rd, Rockville, MD 20854-1078
      View Details

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    Similar Nearby for Lease

    • $50 SF/Yr
      982 SF

      Retail Space in Potomac Center

      Retail spaces available in grocery-anchored shopping center.
      10100-10148 River Rd, Potomac, MD 20854
      View Details
    • Contact for pricing
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      Potomac Office Space For Lease

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    • Contact for pricing
      20,240 SF

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      New office building in Potomac, MD, available for lease.
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    • $30 SF/Yr
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      Trophy Office Space Available

      Short-term, plug-and-play office space for rent immediately.
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    • $4,000 /Mo

      Potomac Townhouse with Fenced Yard

      Charming 3-bedroom townhouse in Potomac with fenced yard.
      8022 Inverness Ridge Rd, Potomac, MD 20854
      View Details
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    1151 Fortune Ter
    Rockville, MD 20854
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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