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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Warehouses
1175 Taft St, Rockville, MD 20850-1311
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1377648
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Construction
BRICK
Total area
17,341 SF
Lot
1.39 ac (60,657 SF)
Zoning code
I1
APN
04-03748310
UPID
US40-1377648
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
-
Architecture Stones - Veria Marble, Granite & Quartz Countertops Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
$3.39M
Comparable Approach
Comparable
$4.73M
Blend (final)
Blend
$3.41M
Owner & transaction history
Maribo Realty LLC · 4 yrs held
Maribo Realty LLC
since 2021
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
I1 · Rockville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+21.3%
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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
$3,635,000
ML approach
$3,625,000
CAP Approach
CAP Return
Estimation
6%
$3,665,000
6.5%
$3,385,000
7%
$3,140,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,400,000
Current use
OFFICE BUILDING
$5,340,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±10% · vs last sale $3.20M (Nov 10 2021)
Last sale anchor
$3.20M
Nov 10 2021
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
$197 / 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
$40,489
Tax year 2022
Assessed value
$2,685,900
Assessed 2023
Previous assessed
$2,604,467
+3.1% YoY
Effective rate
1.51%
On assessed value
Assessed land
$585,900
Assessed improvement
$2,100,000
Land market value
$585,900
Improvement market value
$2,100,000
Total market value
$2,685,900
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
17,341 SF
Lot
1.39 ac (60,657 SF)
Zoning code
I1
APN
04-03748310
UPID
US40-1377648
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
I1 · Rockville, MD
Zoning I1 · permitted uses
I1 · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$5.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Maribo Realty LLC
Entity
Mailing address
1175 TAFT ST, ROCKVILLE, MD 20850-1311
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$3,200,000
Maribo Realty LLC
Rockville North Land Lllp
Special Warranty Deed
$2,000,000 · Eagle Bank
Mar 24, 2014
$12,500
National Bakery Industrial Own
Gagliarducci,august & Patricia
Quit Claim Deed
related
—
Mar 24, 2014
$2,475,000
Rockville North Land Lllp
National Bakery Industrial Own
Grant Deed
—
Sep 12, 2013
$800,000
National Bakery Industrial
Ibc Sales Corp
Grant Deed
$920,000 · Deutsche Bk Tr Co Americas
Jun 29, 2011
—
Ibc Sales Corp
—
Loan Modification
related
$171,600,000 · Bank Of Ny Mellon
Feb 17, 2009
—
Ibc Sales Corp
Interstate Brands Corp
Grant Deed
$360,304,223 · Silver Pt Fin
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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