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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Investment properties
11670 Parsons Ln Waldorf, MD 20602-2766
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0519050
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Construction
FRAME
Total area
1,872 SF
Lot
0.85 ac (36,982 SF)
Zoning code
CB
APN
06-047335
UPID
US40-0519050
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$635k
Owner & transaction history
Erick A Lemus Giron · 4 yrs held
Erick A Lemus Giron
since 2022
7 recorded transactions
Zoning & alternative use
CB · Waldorf, 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 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
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$339 / 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
$4,400
Tax year 2023
Assessed value
$309,567
Assessed 2023
Previous assessed
$309,567
+0.0% YoY
Effective rate
1.42%
On assessed value
Land market value
$199,100
Improvement market value
$126,100
Total market value
$325,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
BASEBOARD
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
1,872 SF
Lot
0.85 ac (36,982 SF)
Zoning code
CB
APN
06-047335
UPID
US40-0519050
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CB · Waldorf, MD
Zoning CB · permitted uses
CB · 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.
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Erick A Lemus Giron
Individual
Free & Clear · 4 yrs held
Mailing address
12655 OLIVE BLVD STE #250, SAINT LOUIS, MO 63141-6343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
—
Erick A Lemus Giron
Erick A Lemus Giron
Re-recorded Document
related
—
Jun 15, 2022
—
Erick A Lemus Giron
Erick A Lemus Giron
Intrafamily Transfer
related
$172,000 · Primelending
Nov 27, 2019
$209,000
Erick A L Giron
Michele Mitchell
Correction Deed
related
—
Oct 18, 2019
$209,000
Erick A L Giron
Michele Mitchell
Correction Deed
related
—
Jun 18, 2019
$209,000
Erick A L Giron
Mitchell Michele
Correction Deed
related
—
Apr 30, 2019
$209,000
Erick A L Giron
Mitchell Michele
Correction Deed
related
—
Mar 21, 2019
$209,000
Erick A Lemus Giron
Kimberly Ann Mitchell
Special Warranty Deed
$167,200 · First National Bank Of America
Jan 27, 2017
—
Michele Mitchell
Parsons Irma H
Grant Deed
related
—
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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