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Property profile & analytics
OFF-MARKET
Office buildings
1705 Rosemont Ave, Frederick, MD 21702-4135
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US40-2178647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Total area
1,624 SF
Lot
0.12 ac (5,049 SF)
Zoning code
NC
APN
02-057670
UPID
US40-2178647
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
-
The Art of Beauty Skin Care Associates Spa & Massage Center
-
Aylin Skin Care Therapy & Acne Clinic Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
P R & G Investors LLC · 17 yrs held
P R & G Investors LLC
since 2008
5 recorded transactions
Zoning & alternative use
NC · Frederick, 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 Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick 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
—
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
$4,349
Tax year 2023
Assessed value
$239,567
Assessed 2023
Previous assessed
$219,200
+9.3% YoY
Effective rate
1.82%
On assessed value
Land market value
$70,300
Improvement market value
$210,000
Total market value
$280,300
Applied tax rate
4.0000
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
1948
Heating
HEAT PUMP
Stories
2
Units
1
Bathrooms
1
Total area
1,624 SF
Lot
0.12 ac (5,049 SF)
Zoning code
NC
APN
02-057670
UPID
US40-2178647
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
NC · Frederick, MD
Zoning NC · permitted uses
NC · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
HEAT PUMP
Stories
2
Units
1
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
P R & G Investors LLC
Entity
Mailing address
10660 HARP RD, WALKERSVILLE, MD 21793-8703
Ownership since
2008
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
Jul 22, 2008
$375,000
P R & G Investors LLC
Sappington Properties LLC
Grant Deed
$540,000 · Susquehanna Bank
Nov 1, 2004
$170,000
Sappington Properties LLC
Perkins,william & Glenda L
Grant Deed
—
Apr 12, 2004
—
William Perkins
Perkins,glenda L
Quit Claim Deed
related
$113,300 · Flagstar Bank Fsb
May 7, 2001
—
Glenda L Perkins
Perkins,glenda L
Quit Claim Deed
related
$28,500 · Irwin Union Bank & Trust Co
Feb 26, 1999
$81,900
Glenda L Clabaugh
Woo,john & Su F
Grant Deed
$81,851 · Prosperity Mortgage Co
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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