New search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Office Spaces
12200 Annapolis Rd Ste 123, Glenn Dale, MD 20769-9182
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-0534581
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
2,547 SF
Lot
0.18 ac (7,697 SF)
Zoning code
CO
APN
14-3969615
UPID
US40-0534581
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
by Request
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$875k
Owner & transaction history
Mercy Grace Health Care LLC · 8 yrs held
Mercy Grace Health Care LLC
since 2017
5 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)
$840,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$650,000
Current use
RETAIL STORES
$1,060,000
Change: +64% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,055,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$840,000
Change: +29% · Conversion: Easy
MEDICAL BUILDING
$775,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$710,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$344 / 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
$6,212
Tax year 2023
Assessed value
$558,600
Assessed 2023
Previous assessed
$483,900
+15.4% YoY
Effective rate
1.11%
On assessed value
Land market value
$247,800
Improvement market value
$460,200
Total market value
$708,000
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
2,547 SF
Lot
0.18 ac (7,697 SF)
Zoning code
CO
APN
14-3969615
UPID
US40-0534581
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
$650,000
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$840,000
MEDICAL BUILDING
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$710,000
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
0.18 ac
Current owner
From public records · entity-resolved
Mercy Grace Health Care LLC
Entity
Mailing address
4501 VALIANT TRCE, BOWIE, MD 20720-4678
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
May 8, 2024
—
Mercy Grace Healthcare LLC
—
Deed
related
$443,000 · 4d Associates LLC
Nov 7, 2017
$500,000
Mercy Grace Health Care LLC
Sasr Holdings LLC
Grant Deed
related
$325,000 · Alternative Cap Fndg LLC
Jan 11, 2016
$430,000
Sasr Holdings LLC
Spivok Jordan M|prime Pad LLC
Trustees Deed
related
—
Nov 18, 2009
$605,000
Prime Pad LLC
Fairwood Office Park LLC
Grant Deed
$675,000 · Commerce First Bank
—
—
Kwasi A Debra
—
Deed Of Trust
related
$98,000 · W F Chesley Real Estate 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.
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 12200 Annapolis Rd Ste, Unit 123?
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.
