New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,920,000
Hospitals
12021 Livingston Rd, Fort Washington, MD 20744-4210
Entity Owned
~
Est. High Equity
Property ID
US40-0884095
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1983
Construction
BRICK
Total area
54,550 SF
Lot
15.97 ac (695,653 SF)
Zoning code
RR
APN
05-0313858
UPID
US40-0884095
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
-
Potter Edger V MD Physician
-
Christopher G. Carlucci, RPTA Physician
-
Fort Washington Health Center Rehabilitation Center Nursing Home
-
Anna Norwood Physician
-
Saurav Pandey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.09M
Comparable Approach
Comparable
$9.79M
Blend (final)
Blend
$10.92M
Owner & transaction history
12021 Livingston Road LLC
12021 Livingston Road LLC
since 2026
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
RR · Fort Washington, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$18.0M
+8.6%
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 Fort Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Washington 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
$11,715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,925,000
6.5%
$10,085,000
7%
$9,365,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$16,550,000
Current use
COMMERCIAL (GENERAL)
$17,970,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$10.92M
Range $9.83M – $12.01M · ±10% · vs last sale $11.50M (Jun 1 2020)
Last sale anchor
$11.50M
Jun 1 2020
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
$200 / 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
$132,372
Tax year 2023
Assessed value
$11,904,000
Assessed 2023
Previous assessed
$9,222,000
+29.1% YoY
Effective rate
1.11%
On assessed value
Land market value
$990,900
Improvement market value
$13,595,100
Total market value
$14,586,000
Applied tax rate
5.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
54,550 SF
Lot
15.97 ac (695,653 SF)
Zoning code
RR
APN
05-0313858
UPID
US40-0884095
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RR · Fort Washington, MD
Zoning RR · permitted uses
RR · Fort Washington, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Washington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$16.6M
COMMERCIAL (GENERAL)
Est. value
$18.0M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1983
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
15.97 ac
Current owner
From public records · entity-resolved
12021 Livingston Road LLC
Entity
Mailing address
4700 ASHWOOD DR STE #200, BLUE ASH, OH 45241-2424
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2026
$36,168,580
12021 Livingston Road LLC
Livingston Asset Co LLC
Special Warranty Deed
related
$400,000,000 · Monitor Funding LLC
Jan 18, 2023
—
Livingston Asset Co LLC
—
Deed
related
$39,000,000 · Synovus Bank
Jun 1, 2020
$11,500,000
Livingston Asset Co LLC
Forst Washington Care Center LP
Special Warranty Deed
$41,500,000 · The Huntington National Bank
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 12021 Livingston Rd?
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.
