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Property profile & analytics
OFF-MARKET
Estimated value
$83,065,000
Apartment buildings
12305 Old Columbia Pike Silver Spring, MD 20904
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-1050302
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1980
Total area
385,000 SF
Lot
16.42 ac (715,255 SF)
Zoning code
RH
APN
05-01969692
UPID
US40-1050302
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
$88.07M
Blend (final)
Blend
$83.07M
Owner & transaction history
Bridge Wf Md Spring Parc LLC · 7 yrs held
Bridge Wf Md Spring Parc LLC
since 2018
3 recorded transactions
Zoning & alternative use
RH · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$127.2M
+7.4%
Warehouse, storage
$120.5M
+1.8%
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 Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring 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
APARTMENT HOUSE (5+ UNITS)
$118,375,000
Current use
OFFICE BUILDING
$127,180,000
Change: +7% · Conversion: Moderate
WAREHOUSE, STORAGE
$120,495,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$83.07M
Range $74.76M – $91.37M · ±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
$216 / 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
$761,834
Tax year 2022
Assessed value
$69,667,533
Assessed 2023
Previous assessed
$69,667,533
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$16,307,800
Improvement market value
$58,862,800
Total market value
$75,170,600
Applied tax rate
42.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1980
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
4
Units
400
Total area
385,000 SF
Lot
16.42 ac (715,255 SF)
Zoning code
RH
APN
05-01969692
UPID
US40-1050302
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
RH · Silver Spring, MDZoning RH · permitted uses
RH · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$118.4M
OFFICE BUILDING
Est. value
$127.2M
WAREHOUSE, STORAGE
Est. value
$120.5M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE 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
1980
Heating
HOT WATER
Cooling
Yes
Stories
4
Units
400
Lot
16.42 ac
Current owner
From public records · entity-resolved
Bridge Wf Md Spring Parc LLC
Entity
Mailing address
111 E SEGO LILY DR STE #400, SANDY, UT 84070-4422
Ownership since
2018
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
Aug 28, 2018
$70,250,000
Bridge Wf Md Spring Parc LLC
Ap Fairland Gardens LLC
Special Warranty Deed
$52,687,000 · Wells Fargo Bank NA
Feb 22, 2011
$58,000,000
Ap Fairland Gardens LLC
Woodbine Properties
Deed
—
Mar 25, 1999
$23,600,000
Woodbine Properties
Fairland Garden Associates LP
Grant Deed
—
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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