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    16701 Crabbs Br Way Rockville, MD 20855-2220
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    Property profile & analytics

    16701 Crabbs Br Way Rockville, MD 20855-2220

    View on Map
    • Strip malls
    • 92,666 SF
    • 16.99 lot acres
    Off-Market
    Property ID
    US40-0697336
    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.
    Value Estimations
    $1,725,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • McDonald's / Restaurant / Take-out & Catering

    Property Details for 16701 Crabbs Br Way

    Construction
    BRICK
    Lot size
    16.99 lot acres
    Property size
    92,666 SF
    Zone code
    CRT1.
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    09-01813762
    APU
    901813762

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,470,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,983,000
      Market price range: $1.98M - $5.91M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockville
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1668
    Latitude
    39.1306
    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
    $185,652
    $10,721,600
    $2,268,200
    $12,989,800
    -
    $10,721,600
    $2,268,200
    $12,989,800

    Comparable in this City

    • Value Estimation
      $655,000
      18,000 SF

      16041 Frederick Rd

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      16041 Frederick Rd, Rockville, MD 20855-2217
      View Details
    • Value Estimation by Request
      9,400 SF

      17601 Redland Rd

      SHOPPING CENTER, STRIP CENTER • 9,400 SF
      17601 Redland Rd, Rockville, MD 20855-1236
      View Details
    • Value Estimation
      $845,000
      23,045 SF

      17501 Redland Rd

      SHOPPING CENTER, STRIP CENTER • 23,045 SF
      17501 Redland Rd, Rockville, MD 20855-1233
      View Details
    • Value Estimation
      $1,205,000
      41,331 SF

      7200 Muncaster Ml Rd

      MINI-MALL • 41,331 SF
      7200 Muncaster Ml Rd, Rockville, MD 20855-1215
      View Details
    • Value Estimation by Request

      8005 Gramercy Blvd

      Retail properties & Spaces
      8005 Gramercy Blvd, Derwood, MD 20855
      View Details
    • Value Estimation
      $2,185,000
      40,947 SF

      15301 Frederick Rd

      VEHICLE SALES, RENTALS • 40,947 SF
      15301 Frederick Rd, Rockville, MD 20855-2120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,100 SF

      Freestanding Bank Branch with Drive-Thru

      0.96-acre pad with existing 4,100 SF building.
      350 E Gude Dr, Rockville, MD 20855
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    • $325,000
      1.00 Acre

      Land For Sale, Derwood, MD

      One acre of land available in Derwood, Maryland.
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    • $190,000

      Professional Office Condo in Rockville

      Well-maintained office condo with easy access to major commuter routes.
      15835 Crabbs Branch Way, Derwood, MD 20855
      View Details
    • $340,000
      1.37 Acres

      Spacious Lot in Derwood

      1.37 acre lot near Olney and Rockville.
      5812 Dimes Rd, Rockville, MD 20855
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      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
    • Contact for pricing
      1,700 SF

      Retail Spaces For Lease

      Retail spaces available in community center near new homes.
      7258 Muncaster Mill Rd, Derwood, MD 20855
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      8010 Gramercy Blvd, Derwood, MD 20855
      View Details
    • Contact for pricing
      801 SF

      Retail Space Near Shady Grove

      Retail space near Shady Grove Metro Station for lease.
      8010 Gramercy Blvd, Rockville, MD 20855
      View Details
    • Contact for pricing

      Conveniently Located Business Center

      Accessible location near major transportation routes, suitable for diverse businesses.
      15958 Derwood Rd, Derwood, MD 20855
      View Details

    Property Visit Statistics

    • Visits by month
      31.6k
    • Visitors by month
      19.3k
    • Avg Time on site
      9 min
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    Rockville, MD 20855-2220
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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