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Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Office buildings
12900 Cloverleaf Ctr Dr Germantown, MD 20874-1175
Individually Owned
9-yr Hold
Free & Clear
Property ID
US40-0921115
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
BRICK
Total area
20,200 SF
Lot
2.6 ac (113,376 SF)
Zoning code
CR2.0
APN
02-03129230
UPID
US40-0921115
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
-
Comstar Technologies, Washington D.C Metro Office Telecommunications Service
-
Journey's Crossing Church Church
-
Visual Aids Electronics Corporation Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$3.49M
Owner & transaction history
Journeys Crossing · 9 yrs held
Journeys Crossing
since 2017
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.49M
Range $3.14M – $3.83M · ±10%
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
$173 / 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
$2,405
Tax year 2022
Assessed value
$3,453,900
Assessed 2023
Previous assessed
$3,341,700
+3.4% YoY
Effective rate
0.07%
On assessed value
Land market value
$1,904,700
Improvement market value
$1,773,600
Total market value
$3,678,300
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
2001
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
20,200 SF
Lot
2.6 ac (113,376 SF)
Zoning code
CR2.0
APN
02-03129230
UPID
US40-0921115
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
2001
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2.6 ac
Current owner
From public records · entity-resolved
Journeys Crossing
Individual
Free & Clear · 9 yrs held
Mailing address
12900 CLOVERLEAF CTR DR STE A, GERMANTOWN, MD 20874-9177
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2017
—
Journeys Crossing A Christian
—
Deed
related
$4,200,000 · Christian Fin'l Resources
Apr 10, 2017
$3,400,000
Journeys Crossing
Cassell Corporate LLC
Special Warranty Deed
—
Mar 29, 2012
$3,400,000
Cassell Corporate LLC
Cloverleaf Center LLC
Special Warranty Deed
$2,000,000 · Branch Banking And Trust Co
Aug 16, 2004
$2,418,000
12900 Cloverleaf Center LLC
Glenborough Properties
Grant Deed
$8,340,000 · Community Bank Northern Va
Jan 14, 2002
$2,000,000
Glenborough Properties LP
Bedminster Germantown LLC
Grant Deed
—
Sep 13, 2000
$499,900
Bedminister Germantown LLC
Bedminister Capital Funding
Grant Deed
related
—
Sep 15, 1997
$500,000
Bedminster Capital Funding LLC
Creamor Germantown Assoc
Grant Deed
related
—
—
—
12900 Cloverleaf Center LLC
—
Deed Of Trust
related
$3,642,055 · Manufacturers Traders & Trust
—
—
Journeys Crossing A Christian
—
Loan Modification
related
$4,200,000 · Christian Fin'l Resources
—
—
12900 Cloverleaf Center LLC
—
Deed Of Trust
related
$3,400,000 · Manufacturers Traders & Trust
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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