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Property profile & analytics
FOR LEASE
Apartment buildings
12401 Brickyard Blvd, Beltsville, MD 20705
Entity Owned
5-yr Hold
Property ID
US40-1551793
For Lease
1 / 2
$29 SF/Yr
12401 Brickyard Blvd, Beltsville, MD 20705
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Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2013
Total area
514,064 SF
Lot
7.37 ac (321,037 SF)
Zoning code
NAC
APN
10-5507926
UPID
US40-1551793
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
-
Tech Global Solutions Inc (Bike/Boat/Book/etc) Store Corporate Office
-
The Mark at Brickyard Apartment Homes Real Estate Agency
-
SmartAngle Consulting Economic Consultant
-
Amazing Homecare Health Services Alternative Medicine Practice
-
Julia Njuli Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$106.47M
Comparable Approach
Comparable
$144.38M
Blend (final)
Blend
$105.11M
Owner & transaction history
Mark Owner LLC · 5 yrs held
Mark Owner LLC
since 2020
Last sale
$104.0M
3 recorded transactions
Zoning & alternative use
NAC · Beltsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Beltsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beltsville 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
$105,965,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$115,345,000
6.5%
$106,470,000
7%
$98,865,000
Blend value · Realmo final
$105.11M
Range $94.60M – $115.62M · ±10% · vs last sale $104.00M (Dec 21 2020)
Last sale anchor
$104.00M
Dec 21 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
$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 2023Property tax & assessments
Tax year 2023
Tax billed
$966,042
Tax year 2023
Assessed value
$86,874,300
Assessed 2023
Previous assessed
$86,874,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$8,025,900
Assessed improvement
$78,848,400
Land market value
$8,025,900
Improvement market value
$78,848,400
Total market value
$86,874,300
Applied tax rate
10.0000
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
For Lease
Year built
2013
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
433
Total area
514,064 SF
Lot
7.37 ac (321,037 SF)
Zoning code
NAC
APN
10-5507926
UPID
US40-1551793
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NAC · Beltsville, MD
Zoning NAC · permitted uses
NAC · Beltsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beltsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
433
Lot
7.37 ac
Current owner
From public records · entity-resolved
Mark Owner LLC
Entity
Mailing address
1777 REISTERSTOWN RD STE #245, BALTIMORE, MD 21208-1343
Ownership since
2020
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 21, 2020
$104,000,000
Mark Owner LLC
Mark Gardens LLC
Special Warranty Deed
$83,200 · Cbre Capital Markets INC
Feb 7, 2017
$90,750,000
Mark Gardens LLC
Brickyard Apartments LLC
Grant Deed
related
$70,750,000 · Private Individual
Jun 25, 2012
$13,000,000
Brickyard Apartments LLC
Jackson-shaw Of Brickyard LP
Grant Deed
$66,187,500 · Bank Of America
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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