19651 Frederick Rd Germantown, MD 20876
Community centers
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Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
For Lease
1 / 2
Contact for pricing
19651 Frederick Rd, Germantown, MD 20876
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Estimated value (blended)
$2.92M
Range $2.63M – $3.21M (±10%)
Property ID
US40-0973841
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
BRICK
Total area
102,688 SF
Lot
12.09 ac (526,523 SF)
Zoning code
CRT1.
APN
09-03321753
UPID
US40-0973841
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
-
Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$2.92M
Owner & transaction history
since 2016
2 recorded transactions
Zoning & alternative use
CRT1. · Germantown, 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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.92M
Value range
$2.63M – $3.21M
±10% around blend
Estimated value / SF
$28 / SF
Confidence
Property data
88
Comparable evidence
60
$2.63M
blend $2.92M
$3.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
102,688 SF
Lot area
12.09 ac
Year built
1987
Stories
1
APN
09-03321753
Assessed value
$27,054,300
Annual tax
$335,366
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.01M
Range $2.30M – $7.04M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.92M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$27.05M
Move the market yield to see immediate price impact.
Value / SF
$263
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
5.00%7.00%9.00%
$1.70M
$34.09M
$24.35M
$18.94M
$1.89M
$37.88M
$27.05M
$21.04M
$2.08M
$41.66M
$29.76M
$23.15M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$335,366
Tax year 2022
Assessed value
$27,054,300
Assessed 2023
Previous assessed
$26,410,133
+2.4% YoY
Effective rate
1.24%
On assessed value
Assessed land
$8,140,000
Assessed improvement
$18,914,300
Land market value
$8,140,000
Improvement market value
$18,914,300
Total market value
$27,054,300
Applied tax rate
42.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1987
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
102,688 SF
Lot
12.09 ac (526,523 SF)
Zoning code
CRT1.
APN
09-03321753
UPID
US40-0973841
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT1. · Germantown, MDZoning CRT1. · permitted uses
CRT1. · Germantown, 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
1987
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
12.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CRT1.
Jurisdiction
Germantown, MD
Recorded code
CRT1.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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