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Property profile & analytics
FOR LEASE
Office buildings
137 National Plz 300, Forest Heights, MD 20745
Entity Owned
19-yr Hold
Free & Clear
Property ID
US40-0103120
For Lease
1 / 11
$129-$28,445/Mo
137 National Plz,Unit 300, Forest Heights, MD 20745
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
44,311 SF
Lot
0.49 ac (21,220 SF)
Zoning code
RTOLC
APN
12-3841350
UPID
US40-0103120
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
-
PRG Title and Settlement Services Title Company
-
COLLINS ALLIANCE GROUP (Bike/Boat/Book/etc) Store Corporate Office
-
VR Redux (Bike/Boat/Book/etc) Store Corporate Office
-
Etiquette Etiquette Consultant
-
T12 Technologies, LLC Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.11M
Comparable Approach
Comparable
$15.73M
Blend (final)
Blend
$13.45M
Owner & transaction history
Nh-c Investment LLC · 19 yrs held
Nh-c Investment LLC
since 2007
4 recorded transactions
Zoning & alternative use
RTOLC · Oxon Hill, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$18.5M
+63.8%
Auto repair, garage
$18.4M
+62.8%
Commercial (general)
$14.6M
+29.4%
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 Forest Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Heights 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%
$12,035,000
6.5%
$11,110,000
7%
$10,315,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,280,000
Current use
RETAIL STORES
$18,480,000
Change: +64% · Conversion: Moderate
AUTO REPAIR, GARAGE
$18,370,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,595,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$13.45M
Range $12.11M – $14.80M · ±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
$304 / 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
$97,028
Tax year 2023
Assessed value
$8,725,500
Assessed 2023
Previous assessed
$10,697,000
-18.4% YoY
Effective rate
1.11%
On assessed value
Assessed land
$4,244,000
Assessed improvement
$4,481,500
Land market value
$4,244,000
Improvement market value
$4,481,500
Total market value
$8,725,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2007
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Units
1
Total area
44,311 SF
Lot
0.49 ac (21,220 SF)
Zoning code
RTOLC
APN
12-3841350
UPID
US40-0103120
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RTOLC · Oxon Hill, MD
Zoning RTOLC · permitted uses
RTOLC · Oxon Hill, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxon Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.3M
RETAIL STORES
Est. value
$18.5M
AUTO REPAIR, GARAGE
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$14.6M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2007
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Nh-c Investment LLC
Entity
Free & Clear · 19 yrs held
Mailing address
12500 FAIR LKS CIR STE #400, FAIRFAX, VA 22033-3804
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2012
—
Nh-ainvestment LLC
—
Deed Of Trust
related
$130,000,000 · Goldman Sachs Mortgage Co
Mar 30, 2007
$203,700
Nh-c Investment LLC
Nh-bcde Investment LLC
Warranty Deed
—
Mar 30, 2007
$617,528
Nh-e Investment LLC
Nh-bcde Investment LLC
Warranty Deed
—
Mar 30, 2007
$725,694
Nh-b Investment LLC
Nh-bcde Investment LLC
Warranty 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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