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Property profile & analytics
OFF-MARKET
Estimated value
$13,050,000
Warehouses
13261 Mid Atlantic Blvd, Laurel, MD 20708-1431
Individually Owned
14-yr Hold
Free & Clear
Property ID
US40-1423940
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
50,490 SF
Lot
5.22 ac (227,383 SF)
Zoning code
IE
APN
10-3866878
UPID
US40-1423940
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
-
Limbach - Mid Atlantic General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.05M
Owner & transaction history
Brickyard E Pri Md · 14 yrs held
Brickyard E Pri Md
since 2011
4 recorded transactions
Zoning & alternative use
IE · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$21.1M
+49.4%
Auto repair, garage
$20.9M
+48.5%
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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,100,000
Current use
RETAIL STORES
$21,060,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$20,930,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$13.05M
Range $11.75M – $14.36M · ±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
$258 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$82,074
Tax year 2023
Assessed value
$7,380,767
Assessed 2023
Previous assessed
$7,234,700
+2.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$1,648,500
Improvement market value
$6,024,400
Total market value
$7,672,900
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
50,490 SF
Lot
5.22 ac (227,383 SF)
Zoning code
IE
APN
10-3866878
UPID
US40-1423940
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Laurel, MD
Zoning IE · permitted uses
IE · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$14.1M
RETAIL STORES
Est. value
$21.1M
AUTO REPAIR, GARAGE
Est. value
$20.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
5.22 ac
Current owner
From public records · entity-resolved
Brickyard E Pri Md
Individual
Free & Clear · 14 yrs held
Mailing address
100 E PRATT ST STE #1700, BALTIMORE, MD 21202-1142
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2012
—
Pri Brickyard Md Bldg E LLC
—
Deed Of Trust
related
$20,100,000 · Principal Life Insurance Co
Oct 4, 2011
$7,386,652
Brickyard E Pri Md
Jackson-shaw Of Brickyard LP Lllp
Grant Deed
—
Sep 15, 2011
—
Jackson-shaw Of Brickyard LP Lllp
—
Deed Of Trust
related
$55,944,024 · Compass Bank
Oct 21, 2010
—
Jackson-shaw Of Brickyard LP
—
Deed Of Trust
related
$2,075,000 · Compass Bank
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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