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Property profile & analytics
OFF-MARKET
Estimated value
$17,250,000
Super regional malls
15400 Excelsior Dr Bowie, MD 20716
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1343452
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2001
Construction
BRICK
Total area
9,863 SF
Lot
3.59 ac (156,380 SF)
Zoning code
TACE
APN
07-3324258
UPID
US40-1343452
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
-
Price Davis Flower Delivery Of Bowie MD (Bike/Boat/Book/etc) Store Florist
-
Swigart Carpet Cleaning Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.25M
Blend (final)
Blend
$17.25M
Owner & transaction history
Mhc Bowie LLC · 1 yrs held
Mhc Bowie LLC
since 2024
Last sale
$17.3M
5 recorded transactions
Zoning & alternative use
TACE · Bowie, 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 Bowie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowie 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
$17,250,000
ML approach
$17,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.25M
Range $15.53M – $18.98M · ±10% · vs last sale $17.25M (Dec 11 2024)
Last sale anchor
$17.25M
Dec 11 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
$1,749 / 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
$176,267
Tax year 2023
Assessed value
$12,903,900
Assessed 2023
Previous assessed
$13,247,600
-2.6% YoY
Effective rate
1.37%
On assessed value
Assessed land
$5,473,300
Assessed improvement
$7,430,600
Land market value
$5,473,300
Improvement market value
$7,430,600
Total market value
$12,903,900
Applied tax rate
77.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
9,863 SF
Lot
3.59 ac (156,380 SF)
Zoning code
TACE
APN
07-3324258
UPID
US40-1343452
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
TACE · Bowie, MDZoning TACE · permitted uses
TACE · Bowie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.59 ac
Current owner
From public records · entity-resolved
Mhc Bowie LLC
Entity
Mailing address
4900 E PO BOX 2410TH RD #4, COLUMBUS, OH 43216-2410
Ownership since
2024
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
Dec 11, 2024
$17,250,000
Mhc Bowie LLC
Wp Bowie Strip LLC
Special Warranty Deed
$9,500,000 · Standard Insurance Co
Dec 11, 2023
—
Wp Bowie Strip LLC
—
Deed
related
$100,500,000 · Goldman Sachs Bank USA
Feb 2, 2022
—
Wp Bowie Strip LLC
Bowie Mall Company LLC
Quit Claim Deed
related
—
Jan 6, 2021
—
Bowie Mall Company LLC
—
Deed
related
$82,900,000 · Bank Of America NA
Dec 19, 2000
—
Bowie Mall Co LLC
Bowie Mall Associates
Quit Claim Deed
related
$57,500,000 · Us Bank NA Trustee
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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