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Property profile & analytics
OFF-MARKET
Industrial properties
1902 Chapman Ave, Rockville, MD 20852-1616
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1933434
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.22 ac (9,589 SF)
Zoning code
MXTD
APN
04-03781815
UPID
US40-1933434
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Safiullah Ahmadi · 5 yrs held
Safiullah Ahmadi
since 2020
7 recorded transactions
Zoning & alternative use
MXTD · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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 2024Property tax & assessments
Tax year 2024
Assessed value
$1,999,267
Assessed 2024
Previous assessed
$1,999,267
+0.0% YoY
Land market value
$2,128,200
Total market value
$2,128,200
Applied tax rate
12.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.22 ac (9,589 SF)
Zoning code
MXTD
APN
04-03781815
UPID
US40-1933434
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXTD · Rockville, MD
Zoning MXTD · permitted uses
MXTD · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Safiullah Ahmadi
Individual
Mailing address
12435 PARK POTOMAC AVE STE #600, POTOMAC, MD 20854-7028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$187,500
Safiullah Ahmadi
Winchester Homes INC
Deed
$168,750 · First Home Mortgage Corp
Oct 27, 2020
$703,318
Gayle V Skinner
Winchester Homes INC
Deed
$630,000 · Truist Bank
Oct 23, 2020
$656,969
Kristina Huang
Winchester Hms INC
Grant Deed
$300,000 · Tri Pointe Connect LLC
Oct 21, 2020
$100,000
Yue Zhang
Winchester Hm INC
Grant Deed
$236,704 · Tri Pointe Connect LLC
Oct 15, 2020
$690,296
Kendall Silverstein
Winchester Hms INC
Grant Deed
$655,781 · Tri Pointe Connect LLC
Oct 7, 2020
$748,732
Joel I A Cuevas
Homes In Winchester
Grant Deed
$400,000 · Tri Pointe Connect LLC
Sep 30, 2020
$739,345
Sophia Y Huang
Winchester Hms INC
Grant Deed
—
Jan 22, 2020
$715,561
Robert Hayk
Winchester Homes INC
Deed
$572,000 · Bank-fund Staff FCU
Jan 22, 2020
$187,500
Reginald Hemsley
Winchester Hms INC
Grant Deed
$166,875 · Bank Of America
Jan 17, 2020
$718,753
Sio M Chan
Winchester Hms INC
Grant Deed
$484,350 · Tri Pointe Connect LLC
Dec 31, 2019
$771,653
Mutoni Kaaze Karasanyi
Winchester Homes INC
Deed
$617,322 · Bank-fund Staff FCU
Sep 25, 2019
—
Jlb Chapman LP
—
Loan Modification
related
$62,500,000 · Miscellaneous Ins Co
Nov 17, 2016
$10,365,000
Winchester Homes INC
1900 Chapman Project Owner LLC
Grant Deed
—
—
—
Tada Shoji
—
Deed Of Trust
related
$421,618 · Tri Pointe Connect LLC
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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