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Property profile & analytics
OFF-MARKET
Apartment buildings
14001 Belle Chasse Blvd 8, Laurel, MD 20707-8428
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1872638
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Total area
12,421 SF
Lot
0.29 ac (12,421 SF)
Zoning code
IE
APN
10-5569966
UPID
US40-1872638
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
-
The Willows at Victoria Falls (Seniors 55+) Apartment Rental Agency Retirement Community
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
Penzance Properties LLC · 5 yrs held
Penzance Properties LLC
since 2020
Last sale
$22.8M
3 recorded transactions
Zoning & alternative use
IE · Laurel, 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 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
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
$19,374
Tax year 2023
Assessed value
$1,742,267
Assessed 2023
Previous assessed
$1,742,267
+0.0% YoY
Effective rate
1.11%
On assessed value
Land market value
$124,200
Improvement market value
$1,915,400
Total market value
$2,039,600
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
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 (5+ UNITS)
Status
Off-Market
Year built
2015
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
7
Total area
12,421 SF
Lot
0.29 ac (12,421 SF)
Zoning code
IE
APN
10-5569966
UPID
US40-1872638
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.
Building & site characteristics
From public records
Year built
2015
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
7
Lot
0.29 ac
Current owner
From public records · entity-resolved
Penzance Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1001 PENNSYLVANIA AVE NW, WASHINGTON, DC 20004-2505
Ownership since
2020
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
Nov 10, 2020
—
Penzance Properties LLC
Willows One LLC
Quit Claim Deed
related
—
Nov 10, 2020
$22,800,000
Cpi Victoria Falls Owner LLC
Willows One LLC
Special Warranty Deed
—
Jan 8, 2016
$14,600,000
Willows One LLC
Jpb Victoria Falls LLC
Trustees Deed
$11,480,000 · Miscellaneous Ins Co
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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