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Property profile & analytics
FOR LEASE
Office buildings
11820 Parklawn Dr Rockville, MD 20852
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0925924
For Lease
1 / 2
$1,865,000
11820 Parklawn Dr, Rockville, MD 20852
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
BRICK
Total area
62,160 SF
Lot
1.93 ac (84,243 SF)
Zoning code
EOF0.
APN
04-01781005
UPID
US40-0925924
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
-
Lee & Paik Accounting Firm Tax Preparation
-
Dr. Andrea D. Abati, MD Physician
-
American Income Life: Kyle Wrobel Insurance Agency
-
Metro Montessori High School Daycare Center
-
Fitness 55 Health & Wellness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$1.87M
Owner & transaction history
Pdc Saratoga LLC · 2 yrs held
Pdc Saratoga LLC
since 2023
Last sale
$1.8M
2 recorded transactions
Zoning & alternative use
EOF0. · Rockville, 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 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
$1,800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±10% · vs last sale $1.80M (Aug 12 2022)
Last sale anchor
$1.80M
Aug 12 2022
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
$30 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$54,456
Tax year 2024
Assessed value
$4,037,967
Assessed 2024
Previous assessed
$4,037,967
+0.0% YoY
Effective rate
1.35%
On assessed value
Land market value
$1,700,000
Improvement market value
$2,613,900
Total market value
$4,313,900
Applied tax rate
25.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1978
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
5
Units
1
Total area
62,160 SF
Lot
1.93 ac (84,243 SF)
Zoning code
EOF0.
APN
04-01781005
UPID
US40-0925924
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
EOF0. · Rockville, MD
Zoning EOF0. · permitted uses
EOF0. · 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.
Building & site characteristics
From public records
Year built
1978
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
5
Units
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Pdc Saratoga LLC
Entity
Mailing address
7700 WISCONSIN AVE STE #600, BETHESDA, MD 20814-3892
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$1,800,000
Pdc Saratoga LLC
B9 Sequoia Parklawn Owner LLC
Special Warranty Deed
$4,500,000 · Aafmaa Mortgage LLC
Aug 12, 2022
—
B9 Sequoia Parklawn Owner LLC
Ps Business Parks LP
Special Warranty Deed
—
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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