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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Distribution centers
12001 Nebel St Rockville, MD 20852-2609
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1455858
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1970
Construction
BRICK
Total area
12,060 SF
Lot
3.89 ac (169,664 SF)
Zoning code
CR3.0
APN
04-00052925
UPID
US40-1455858
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
-
Liberty Cannabis (Now Rec 21+ and Med) (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$2.46M
Owner & transaction history
Nebel Center LP · 9 yrs held
Nebel Center LP
since 2016
3 recorded transactions
Zoning & alternative use
CR3.0 · Rockville, MD
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,550,000
6.5%
$2,355,000
7%
$2,185,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,060,000
Current use
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±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
$204 / 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
$140,107
Tax year 2022
Assessed value
$9,750,000
Assessed 2023
Previous assessed
$9,300,000
+4.8% YoY
Effective rate
1.44%
On assessed value
Assessed land
$8,194,700
Assessed improvement
$1,555,300
Land market value
$8,194,700
Improvement market value
$1,555,300
Total market value
$9,750,000
Applied tax rate
65.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1970
Construction
BRICK
Heating
SPACE
Buildings
4
Stories
1
Units
4
Total area
12,060 SF
Lot
3.89 ac (169,664 SF)
Zoning code
CR3.0
APN
04-00052925
UPID
US40-1455858
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR3.0 · Rockville, MDZoning CR3.0 · permitted uses
CR3.0 · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.1M
WAREHOUSE, STORAGE Current
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
1970
Construction
BRICK
Heating
SPACE
Stories
1
Buildings
4
Units
4
Lot
3.89 ac
Current owner
From public records · entity-resolved
Nebel Center LP
Entity
Mailing address
7811 MONTROSE RD STE #500, POTOMAC, MD 20854-3300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2016
—
Nebel Center LP
—
Deed
related
$5,000,000 · Other Institutional Lenders
Apr 25, 2003
—
Nebel Center LP
—
Deed Of Trust
related
$5,550,000 · Fortis Benefits Insurance Co
—
—
Nebel Center LP
—
Loan Modification
related
$5,000,000 · Other Institutional Lenders
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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