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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office Spaces
12150 Annapolis Rd Ste 301, Glenn Dale, MD 20769-9183
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0720020
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
2,673 SF
Lot
0.19 ac (8,078 SF)
Zoning code
CO
APN
14-3969490
UPID
US40-0720020
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$988k
Blend (final)
Blend
$935k
Owner & transaction history
Kaskade LLC · 3 yrs held
Kaskade LLC
since 2022
Last sale
$970,000
2 recorded transactions
Zoning & alternative use
CO · Glenn Dale, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+63.8%
Auto repair, garage
$1.1M
+62.8%
Commercial (general)
$880,000
+29.4%
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 Glenn Dale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenn Dale 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
$895,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$680,000
Current use
RETAIL STORES
$1,115,000
Change: +64% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,110,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$880,000
Change: +29% · Conversion: Easy
MEDICAL BUILDING
$810,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$745,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $970k (Oct 18 2022)
Last sale anchor
$970k
Oct 18 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
$350 / 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
$6,519
Tax year 2023
Assessed value
$586,200
Assessed 2023
Previous assessed
$507,800
+15.4% YoY
Effective rate
1.11%
On assessed value
Land market value
$260,000
Improvement market value
$483,000
Total market value
$743,000
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2009
Heating
NONE
Units
1
Total area
2,673 SF
Lot
0.19 ac (8,078 SF)
Zoning code
CO
APN
14-3969490
UPID
US40-0720020
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CO · Glenn Dale, MD
Zoning CO · permitted uses
CO · Glenn Dale, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glenn Dale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$680,000
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$880,000
MEDICAL BUILDING
Est. value
$810,000
WAREHOUSE, STORAGE
Est. value
$745,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2009
Heating
NONE
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kaskade LLC
Entity
Mailing address
12150 ANNAPOLIS RD STE #301, GLENN DALE, MD 20769-9183
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
$970,000
Kaskade LLC
Mitchellville Fam Denitistry Dr Oct
Deed
$970,000 · Bank Of America NA
Oct 31, 2013
$1,200,000
Mitchellville Family Dentistry
Fairwood Office Park LLC
Deed
$1,340,200 · Newtek Small Business Finance INC
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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