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    Property profile & analytics

    15850 Somerville Dr Rockville, MD 20855-2212

    • Warehouses
    • 10,500 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 26, 2024
    $15,100,000
    Location Intelligence
    Property ID
    US40-0771694
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ormsby Auto / Diesel Engine Repair Service / Transmission Shop
    • Allied Communication Inc / Computer Store

    Property Details for 15850 Somerville Dr

    Year built
    1972
    Construction
    BRICK
    Lot size
    1.53 lot acres
    Property size
    10,500 SF
    Zone code
    CRT1.
    Property type
    Warehouses
    APN
    04-01489838
    APU
    401489838

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1647
    Latitude
    39.1165
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $53,291
    $901,000
    $3,305,600
    $4,206,600
    -
    $901,000
    $3,305,600
    $4,206,600

    Comparable in this City

    • Value Estimation by Request
      27,000 SF

      15809 Frederick Rd

      WAREHOUSE, STORAGE • 27,000 SF
      15809 Frederick Rd, Rockville, MD 20855-2219
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      $3,965,000
      38,097 SF

      15750 Paramount Dr

      MINI-WAREHOUSE, STORAGE • 38,097 SF
      15750 Paramount Dr, Rockville, MD 20855
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    • Value Estimation by Request
      26,750 SF

      15940 Indianola Dr

      WAREHOUSE, STORAGE • 26,750 SF
      15940 Indianola Dr, Rockville, MD 20855-2103
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    • Value Estimation by Request
      15,400 SF

      16001 Frederick Rd

      MINI-WAREHOUSE, STORAGE • 15,400 SF
      16001 Frederick Rd, Rockville, MD 20855-2217
      View Details
    • Value Estimation by Request
      14,204 SF

      7501 Standish Pl

      INDUSTRIAL PARK • 14,204 SF
      7501 Standish Pl, Rockville, MD 20855
      View Details
    • Value Estimation by Request
      24,872 SF

      7600 Standish Pl

      INDUSTRIAL PARK • 24,872 SF
      7600 Standish Pl, Rockville, MD 20855-2744
      View Details

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    Similar Nearby for Lease

    • $20 SF/Yr
      2,835 SF

      Rockville Industrial Space Available

      Industrial property available for lease in Rockville, Maryland.
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      Flex/Industrial space available for lease in Rockville, Maryland.
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      Rockville Flex / Industrial Space

      Flex / Industrial space available for lease in Rockville, MD.
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      1,584 SF

      Rockville Office Space Available

      Office space for rent in Rockville, Maryland.
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      Land for Lease on Frederick

      Approximately 1 acre of land for lease on Frederick Road.
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      3,714 SF

      Retail Spaces For Lease

      Retail spaces available in community center near new homes.
      7206-7250 Muncaster Mill Rd, Derwood, MD 20855
      View Details
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    Rockville, MD 20855-2212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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