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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail residential properties
14212 Town Farm Rd Upper Marlboro, MD 20774-8541
Individually Owned
7-yr Hold
Property ID
US40-2108305
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2018
Construction
FRAME
Total area
2,608 SF
Lot
0.47 ac (20,465 SF)
Zoning code
RE
APN
03-0239004
UPID
US40-2108305
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$685k
Owner & transaction history
Matthew Myers JR · 7 yrs held
Matthew Myers JR
since 2018
6 recorded transactions
Zoning & alternative use
RE · Upper Marlboro, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+90.9%
Auto repair, garage
$1.1M
+89.8%
Medical building
$790,000
+38.9%
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 Upper Marlboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upper Marlboro 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
COMMERCIAL (GENERAL)
$570,000
Current use
RETAIL STORES
$1,090,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,080,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$790,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$585,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$505,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$263 / 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
$5,341
Tax year 2023
Assessed value
$480,333
Assessed 2023
Previous assessed
$462,600
+3.8% YoY
Effective rate
1.11%
On assessed value
Land market value
$143,200
Improvement market value
$372,600
Total market value
$515,800
Applied tax rate
3.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
4
Total area
2,608 SF
Lot
0.47 ac (20,465 SF)
Zoning code
RE
APN
03-0239004
UPID
US40-2108305
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RE · Upper Marlboro, MD
Zoning RE · permitted uses
RE · Upper Marlboro, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Upper Marlboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$570,000
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$790,000
WAREHOUSE, STORAGE
Est. value
$585,000
OFFICE BUILDING
Est. value
$505,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2018
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
4
Lot
0.47 ac
Current owner
From public records · entity-resolved
Matthew Myers JR
Individual
Mailing address
14212 TOWN FARM RD, UPPER MARLBORO, MD 20774-8541
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Matthew Myers JR
—
Deed
related
$110,000 · Pentagon FCU
Jan 19, 2022
—
Matthew Myers JR
—
Deed
related
$436,026 · Box Home Loans
Apr 1, 2019
—
Matthew Myers JR
—
Deed
related
$448,200 · First Home Mortgage Corp
Aug 31, 2018
$479,500
Matthew Myers JR
Rockfish Home LLC
Deed
$437,016 · First Home Mortgage Corp
Jan 15, 2016
—
Rockfish Homes LLC
Legend Builders INC
Grant Deed
$44,335 · Dirt Plus INC
Feb 12, 2013
$29,500
Legend Builders INC
Spicer,william O & Marylyn
Grant Deed
—
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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