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Property profile & analytics
OFF-MARKET
Office Spaces
12803 Old Ft Rd1-203 Fort Washington, MD 20744-2873
Individually Owned
19-yr Hold
Free & Clear
Property ID
US40-2389455
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1989
Construction
BRICK
Total area
974 SF
Lot
0.02 ac (974 SF)
Zoning code
CO
APN
05-0358887
UPID
US40-2389455
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
-
All Smiles Dental Care Dental Office
-
Chilo Obianwu Dental Office
-
Chilo Nnenna Obianwu Dental Office
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
Ofelia Adriano · 19 yrs held
Ofelia Adriano
since 2007
3 recorded transactions
Zoning & alternative use
CO · Fort Washington, 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 Fort Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Washington 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,119
Tax year 2023
Assessed value
$100,600
Assessed 2023
Previous assessed
$99,000
+1.6% YoY
Effective rate
1.11%
On assessed value
Land market value
$35,700
Improvement market value
$66,500
Total market value
$102,200
Applied tax rate
5.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
974 SF
Lot
0.02 ac (974 SF)
Zoning code
CO
APN
05-0358887
UPID
US40-2389455
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CO · Fort Washington, MD
Zoning CO · permitted uses
CO · Fort Washington, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Washington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Ofelia Adriano
Individual
Free & Clear · 19 yrs held
Mailing address
10049 EDGEWATER TER, FORT WASHINGTON, MD 20744-5766
Ownership since
2007
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
May 25, 2007
$250,000
Ofelia Adriano
Perry,alvin & Secunda T
Grant Deed
—
Jul 9, 1998
$78,000
Alvin Perry
National Loan Investors LP
Grant Deed
$90,000 · Development Credit Fund INC
May 12, 1998
$55,000
National Loan Investors LP Suite
Cdy Investments
Grant Deed
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.
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