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Property profile & analytics
OFF-MARKET
Office buildings
12409 Milestone Ctr Dr Germantown, MD 20876-7114
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-1802015
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2012
Total area
175,000 SF
Lot
8.3 ac (361,578 SF)
Zoning code
CR2.0
APN
02-03327726
UPID
US40-1802015
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
-
Digital Receiver Technology Inc Industrial Manufacturer Production Facility
-
DRT Electronics & Wireless Store
-
Owens Corp Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Germantown Milestone 5 LLC · 2 yrs held
Germantown Milestone 5 LLC
since 2024
Last sale
$12.1M
6 recorded transactions
Zoning & alternative use
CR2.0 · Germantown, 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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$505,828
Tax year 2022
Assessed value
$43,322,933
Assessed 2023
Previous assessed
$43,000,000
+0.8% YoY
Effective rate
1.17%
On assessed value
Land market value
$2,988,000
Improvement market value
$40,980,800
Total market value
$43,968,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2012
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
5
Units
2
Total area
175,000 SF
Lot
8.3 ac (361,578 SF)
Zoning code
CR2.0
APN
02-03327726
UPID
US40-1802015
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR2.0 · Germantown, MD
Zoning CR2.0 · permitted uses
CR2.0 · Germantown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Germantown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
HOT WATER
Cooling
Yes
Stories
5
Buildings
2
Units
2
Lot
8.3 ac
Current owner
From public records · entity-resolved
Germantown Milestone 5 LLC
Entity
Mailing address
4600 WEDGEWOOD BLVD NW STE A, FREDERICK, MD 21703-7167
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$12,100,000
Germantown Milestone 5 LLC
Wmmh Building 5 LLC
Special Warranty Deed
—
Dec 4, 2020
—
Wmmh Building 1 LLC
—
Deed
related
—
Oct 3, 2018
—
Wmmh Building 1 LLC
—
Deed
related
—
Jan 2, 2014
$128,353,874
Wmmh Building 1 LLC
Milestone Industrial LLC
Grant Deed
—
—
—
Wmmh Building 1 LLC
—
Loan Modification
related
—
—
—
Wmmh Building 1 LLC
—
Loan Modification
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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