New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Retail space
17651 Redland Rd, Derwood, MD 20855-1236
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-0548440
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.65M
CAP Approach
CAP
$3.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
Mnc Washington LLC · 2 yrs held
Mnc Washington LLC
since 2023
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
CRT07 · Derwood, 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 Derwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Derwood 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
Method
Estimation
Statistic approach
$6,350,000
ML approach
$6,650,000
CAP Approach
CAP Return
Estimation
6%
$3,815,000
6.5%
$3,525,000
7%
$3,270,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,355,000
Current use
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10% · vs last sale $5.45M (Oct 13 2023)
Last sale anchor
$5.45M
Oct 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$550 / 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 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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
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, MD
Zoning CRT07 · permitted uses
CRT07 · Derwood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Derwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.4M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · 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
Current owner
From public records · entity-resolved
Mnc Washington LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9300 E HAMPTON DR STE B, CAPITOL HEIGHTS, MD 20743-3832
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
$5,450,000
Mnc Washington LLC
3240 Pharma Derwood LLC
Special Warranty Deed
—
Jul 31, 2019
$5,833,333
3240 Pharma Derwood LLC
Amafhh Holding IV LLC
Deed
$3,450,000 · Td Bank NA
May 7, 2018
—
Amafhh Holding IV LLC
—
Deed
related
$2,000,000 · Summit Cmnty Bk
Jun 1, 2015
$1,600,000
Amafhh Holding IV LLC
Southside Oil LLC
Grant Deed
—
Aug 30, 2010
—
Southside Oil LLC
—
Deed Of Trust
related
$37,435,579 · Suntrust Bank NA
Jun 28, 2010
$47,251,332
Southside Oil LLC
Exxon Mobil Corp
Grant Deed
$185,948 · Suntrust Bank NA
—
—
Amafhh Holding IV LLC
—
Deed Of Trust
related
$2,000,000 · Summit Cmnty Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17651 Redland Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
