New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,415,000
Warehouses
1249 Montgomery Ave, Rockville, MD 20850-3133
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-1533691
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
122,854 SF
Lot
2.21 ac (96,253 SF)
Zoning code
MXE
APN
04-03406026
UPID
US40-1533691
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.42M
Owner & transaction history
Jsf West Montgomery LLC A South Car · 8 yrs held
Jsf West Montgomery LLC A South Car
since 2017
6 recorded transactions
Zoning & alternative use
MXE · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
$101 / 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
$179,140
Tax year 2022
Assessed value
$13,334,600
Assessed 2023
Previous assessed
$12,962,700
+2.9% YoY
Effective rate
1.34%
On assessed value
Assessed land
$3,719,200
Assessed improvement
$9,615,400
Land market value
$3,719,200
Improvement market value
$9,615,400
Total market value
$13,334,600
Applied tax rate
12.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
5
Units
1
Total area
122,854 SF
Lot
2.21 ac (96,253 SF)
Zoning code
MXE
APN
04-03406026
UPID
US40-1533691
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXE · Rockville, MD
Zoning MXE · permitted uses
MXE · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
HOT WATER
Cooling
Yes
Stories
5
Units
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
Jsf West Montgomery LLC A South Car
Entity
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Jsf West Montgomery LLC
—
Deed
related
$366,000,000 · Comerica Bank
Sep 5, 2019
—
Jsf West Montgomery LLC
—
Deed
related
$289,000,000 · Fifth Third Bank
Feb 16, 2018
—
Jsf West Montgomery LLC
—
Deed
related
$11,828,762 · Suntrust Bk
Nov 9, 2017
$3,750,000
Jsf West Montgomery LLC A South Car
Jm Lodging LLC
Deed
$11,828,762 · Suntrust Bank
—
—
J M Lodging LLC
—
Deed Of Trust
related
$650,000 · Susquehanna Bank Pa
—
—
Jsf West Montgomery LLC
—
Loan Modification
related
$11,828,762 · Suntrust Bk
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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