New search
Property profile & analytics
OFF-MARKET
Estimated value
$19,980,000
Apartment buildings
12503 Ardennes Ave, Rockville, MD 20852-2080
Entity Owned
13-yr Hold
Free & Clear
Property ID
US40-0089572
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2020
Construction
BRICK
Total area
202,300 SF
Lot
4.01 ac (174,475 SF)
Zoning code
MXB
APN
04-00145084
UPID
US40-0089572
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
-
Kanso Twinbrook Real Estate Agency
-
HOME CONTRACTOR MD LLC General Contractor
-
Better Clean Carpet cleaning Carpet Cleaning Service
-
Goodspeed Parking Garage Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.98M
Owner & transaction history
Avalon Twinbrook Station INC · 13 yrs held
Avalon Twinbrook Station INC
since 2012
5 recorded transactions
Zoning & alternative use
MXB · 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
$99 / 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
$574,141
Tax year 2022
Assessed value
$44,744,600
Assessed 2023
Previous assessed
$44,744,600
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$12,366,000
Assessed improvement
$32,378,600
Land market value
$12,366,000
Improvement market value
$32,378,600
Total market value
$44,744,600
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2020
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
238
Total area
202,300 SF
Lot
4.01 ac (174,475 SF)
Zoning code
MXB
APN
04-00145084
UPID
US40-0089572
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXB · Rockville, MD
Zoning MXB · permitted uses
MXB · 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
2020
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
238
Lot
4.01 ac
Current owner
From public records · entity-resolved
Avalon Twinbrook Station INC
Entity
Free & Clear · 13 yrs held
Mailing address
4040 WILSON BLVD STE #1000, ARLINGTON, VA 22203-4439
Ownership since
2012
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
Oct 24, 2012
—
Avalon Twinbrook Station INC
Avalonbay Communities INC
Quit Claim Deed
—
Jun 18, 2004
$12,150,000
Avalonbay Communities INC
Twinbrook Properties LLC
Grant Deed
—
Sep 20, 2001
$9,100,000
Twinbrook Properties LLC
Jbg/jer Twinbrook Metro LLC
Grant Deed
related
$9,000,000 · Royal Indemnity Co
Feb 9, 2001
—
Jbg/jer Twinbrook Metro LLC
—
Deed Of Trust
related
$31,260,000 · Wachovia Bank NA
—
—
Jbg Jer Twinbrook Metro LLC
—
Deed Of Trust
related
$5,310,000 · Bfv Interim Finance
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 12503 Ardennes Ave?
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.
