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Property profile & analytics
FOR SALE
Office buildings
1500 E Jefferson St Rockville, MD 20852
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0026726
For Sale
1 / 28
$1,945,000
1500 E Jefferson St, Rockville, MD 20852
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
BRICK
Total area
9,240 SF
Lot
0.4 ac (17,532 SF)
Zoning code
MXCD
APN
04-00185307
UPID
US40-0026726
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
-
Makom Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.95M
Owner & transaction history
Chabad Israeli Center · 1 yrs held
Chabad Israeli Center
since 2025
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
MXCD · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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%
$2,010,000
6.5%
$1,855,000
7%
$1,720,000
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10% · vs last sale $2.02M (Dec 5 2024)
Last sale anchor
$2.02M
Dec 5 2024
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
$210 / 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
$1,631
Tax year 2022
Assessed value
$4,257,100
Assessed 2023
Previous assessed
$4,090,367
+4.1% YoY
Effective rate
0.04%
On assessed value
Assessed land
$609,700
Assessed improvement
$3,647,400
Land market value
$609,700
Improvement market value
$3,647,400
Total market value
$4,257,100
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 Sale
Year built
1967
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
9,240 SF
Lot
0.4 ac (17,532 SF)
Zoning code
MXCD
APN
04-00185307
UPID
US40-0026726
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXCD · Rockville, MD
Zoning MXCD · permitted uses
MXCD · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Chabad Israeli Center
Individual
Mailing address
1500 E JEFFERSON ST, ROCKVILLE, MD 20852-1501
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2025
$2,018,770
Chabad Israeli Center
Jewish Foundation For Group Homes I
Special Warranty Deed
$2,018,770 · Zion Avissar
Oct 30, 2006
$3,100,000
Jewish Foundation Of Group Homes
Wjw Property LLC
Grant Deed
$2,000,000 · Eagle Bank
Feb 20, 2002
$1,650,000
Wjw Property LLC
Phillips Properties INC
Grant Deed
$1,237,500 · United Bank
Nov 10, 1999
$333,332
Briddell Childrens Trust
1500 Jefferson Street Joint
Trustees Deed
—
Nov 10, 1999
$1,000,000
Briddell Childrens Trust
1500 Jefferson Street Joint
Trustees 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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