New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,205,000
Office buildings
15800 Crabbs Br Way, Rockville, MD 20855-2604
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0153169
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
BRICK
Total area
63,985 SF
Lot
2.59 ac (112,934 SF)
Zoning code
IM2.5
APN
04-02801417
UPID
US40-0153169
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
-
Equity Resources, Inc. Loan Service Bank
-
15800 Crabbs Branch Way Suite 220 Tax Preparation
-
Guardians of all Voiceless Animals and Children Charitable Organization Social Service Agency
-
Asian American LEAD Charitable Organization Social Service Agency
-
Vikara Village Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.21M
Owner & transaction history
Wm Rickman Construction Co · 7 yrs held
Wm Rickman Construction Co
since 2018
5 recorded transactions
Zoning & alternative use
IM2.5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$97 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$64,162
Tax year 2024
Assessed value
$4,824,733
Assessed 2024
Previous assessed
$4,824,733
+0.0% YoY
Effective rate
1.33%
On assessed value
Land market value
$1,921,000
Improvement market value
$3,092,400
Total market value
$5,013,400
Applied tax rate
53.0000
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
Off-Market
Year built
1988
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
1
Total area
63,985 SF
Lot
2.59 ac (112,934 SF)
Zoning code
IM2.5
APN
04-02801417
UPID
US40-0153169
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IM2.5 · Rockville, MD
Zoning IM2.5 · permitted uses
IM2.5 · 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
1988
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Lot
2.59 ac
Current owner
From public records · entity-resolved
Wm Rickman Construction Co
Entity
Free & Clear · 7 yrs held
Mailing address
15215 SHADY GRV RD STE #201, ROCKVILLE, MD 20850-6207
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2018
$9,500,000
Wm Rickman Construction Co
Mep I & II LLC
Grant Deed
—
Jan 5, 2009
—
Mep I & II LLC
—
Deed Of Trust
related
$15,800,000 · Provident Bank INC
May 30, 2002
—
Mep I & II LLC
Consortium Two Franklin I LLC
Grant Deed
related
—
Aug 17, 1999
$7,326,000
Consortium Tow-germantown Tech
Advent Realty LP
Trustees Deed
$19,485,000 · Heller Financial
Aug 17, 1999
$6,676,000
Consortium Tow Franklin Office
Advent Realty LP
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.
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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