New search
Property profile & analytics
OFF-MARKET
Estimated value
$14,720,000
Warehouses
11900 Old Baltimore Pike, Beltsville, MD 20705-1216
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0637501
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
BRICK
Total area
69,120 SF
Lot
3.88 ac (169,013 SF)
Zoning code
IH
APN
01-0070920
UPID
US40-0637501
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
-
Matworks Co LLC Carpet & Flooring Store Hardware & Home Improvement
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.48M
Comparable Approach
Comparable
$18.15M
Blend (final)
Blend
$14.72M
Owner & transaction history
Mcp IV Old Baltimore LLC · 3 yrs held
Mcp IV Old Baltimore LLC
since 2022
Last sale
$13.0M
5 recorded transactions
Zoning & alternative use
IH · Beltsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$22.8M
+29.0%
Medical building
$21.0M
+18.8%
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 Beltsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beltsville 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
$15,215,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,180,000
6.5%
$20,475,000
7%
$19,010,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,650,000
Current use
COMMERCIAL (GENERAL)
$22,765,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$20,970,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$14.72M
Range $13.25M – $16.19M · ±10% · vs last sale $12.95M (Aug 10 2022)
Last sale anchor
$12.95M
Aug 10 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
$213 / 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
$78,064
Tax year 2023
Assessed value
$7,020,100
Assessed 2023
Previous assessed
$6,161,100
+13.9% YoY
Effective rate
1.11%
On assessed value
Land market value
$1,690,100
Improvement market value
$7,048,000
Total market value
$8,738,100
Applied tax rate
1.0000
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
Year built
1986
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
69,120 SF
Lot
3.88 ac (169,013 SF)
Zoning code
IH
APN
01-0070920
UPID
US40-0637501
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IH · Beltsville, MD
Zoning IH · permitted uses
IH · Beltsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beltsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$17.7M
COMMERCIAL (GENERAL)
Est. value
$22.8M
MEDICAL BUILDING
Est. value
$21.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL 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
Year built
1986
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
3.88 ac
Current owner
From public records · entity-resolved
Mcp IV Old Baltimore LLC
Entity
Mailing address
ARLINGTON, VA 22204
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
$12,950,000
Mcp IV Old Baltimore LLC
Blt 11900 LLC
Special Warranty Deed
$29,770,000 · Eagle Bank
Jun 14, 2017
$6,350,000
Blt 11900 LLC
11900 Old Baltimore Pike LLC
Grant Deed
related
—
Jun 14, 2017
—
11900 Old Baltimore Pike LLC
—
Deed
related
—
Aug 29, 2012
$5,450,000
11900 Old Baltimore Pike LLC
Beltsville LLC
Grant Deed
$4,100,000 · Standard Insurance Co
—
—
11900 Old Baltimore Pike LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11900 Old Baltimore Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
