Entity Owned
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For Sale
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17651 Redland Rd, Derwood, MD 20855
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
9,965 SF
Lot
0.82 ac (35,683 SF)
Zoning code
CRT07
APN
04-00049528
UPID
US40-0548440
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cosmetic Store
-
Bank Credit Union
-
Atm
-
(Bike/Boat/Book/etc) Store
-
Pharmacy
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.65M
CAP Approach
CAP
$3.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.35M
Owner & transaction history
since 2023
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
CRT07 · Derwood, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.35M
Value range
$5.72M – $6.99M
±10% around blend
Estimated value / SF
$637 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
$5.72M
blend $6.35M
$6.99M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,965 SF
Lot area
0.82 ac
Year built
2018
Stories
1
APN
04-00049528
Zoning
CRT07
Assessed value
$5,255,300
Annual tax
$56,493
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.53M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.82M
@ 6.5% CAP return
$3.53M
@ 7% CAP return
$3.27M
4
Sales comparison
Partial preview
Sales approach indication
$1.65M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.5 mi away · 10,586 SF
20.9 mi away · 6,999 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 16 sales
$638
0%
County 91 sales
$552
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $637/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
3.60%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.60%
9.0%
NOI (est.)
$382k *
Last sale · Oct 2023
$5.45M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.60M
Move the market yield to see immediate price impact.
Value / SF
$1,063
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.10%3.60%4.10%
$343k
$11.08M
$9.54M
$8.37M
$382k
$12.31M
$10.60M
$9.30M
$420k
$13.54M
$11.66M
$10.24M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$4.70M
15.9 mi · Oct 2025 · $651/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$56,493
Tax year 2022
Assessed value
$5,255,300
Assessed 2023
Previous assessed
$5,255,300
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$827,100
Assessed improvement
$4,428,200
Land market value
$827,100
Improvement market value
$4,428,200
Total market value
$5,255,300
Applied tax rate
53.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2018
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
1
Total area
9,965 SF
Lot
0.82 ac (35,683 SF)
Zoning code
CRT07
APN
04-00049528
UPID
US40-0548440
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT07 · Derwood, MDZoning CRT07 · permitted uses
CRT07 · Derwood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.82 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CRT07
Jurisdiction
Derwood, MD
Recorded code
CRT07
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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