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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office buildings
11900 Parklawn Dr Rockville, MD 20852-2624
Entity Owned
~
Est. High Equity
Property ID
US40-0543109
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
BRICK
Total area
48,810 SF
Lot
2.15 ac (93,641 SF)
Zoning code
EOF0.
APN
04-00056433
UPID
US40-0543109
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
-
R & M Restoration & Maintenance Construction Company General Contractor
-
Integra Title & Escrow, Inc. Title Company
-
Comrade Financial Group Financial Advisor
-
Maryland Annuity Resource Insurance Agency
-
CCFA Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.57M
Owner & transaction history
11900md LLC
11900md LLC
since 2026
Last sale
$1.4M
4 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
$1,610,000
ML approach
$1,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.38M (Oct 2 2023)
Last sale anchor
$1.38M
Oct 2 2023
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
$32 / 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
$43,923
Tax year 2022
Assessed value
$3,390,800
Assessed 2023
Previous assessed
$3,390,800
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,311,900
Assessed improvement
$2,078,900
Land market value
$1,311,900
Improvement market value
$2,078,900
Total market value
$3,390,800
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
Off-Market
Year built
1970
Construction
BRICK
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
48,810 SF
Lot
2.15 ac (93,641 SF)
Zoning code
EOF0.
APN
04-00056433
UPID
US40-0543109
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
1970
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
2.15 ac
Current owner
From public records · entity-resolved
11900md LLC
Entity
Mailing address
7700 WISCONSIN AVE #600, BETHESDA, MD 20814-3578
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
$4,300,000
11900md LLC
Pdc Lexington LLC
Special Warranty Deed
$4,300,000 · Nobe Vk LLC
Oct 2, 2023
$1,380,000
Pdc Lexington LLC
B9 Sequoia Parklawn Owner LLC
Special Warranty Deed
—
Aug 12, 2022
—
B9 Sequoia Parklawn Owner LLC
Ps Business Parks LP
Special Warranty Deed
—
Jun 21, 2010
$23,430,000
Ps Business Parks LP
Washington Real Estate Inv
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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