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Property profile & analytics
OFF-MARKET
Estimated value
$4,525,000
Office buildings
20111 Century Blvd Germantown, MD 20874-9118
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-2042091
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
STEEL FRAME
Total area
21,234 SF
Lot
2 ac (87,120 SF)
Zoning code
CR2.0
APN
02-03349632
UPID
US40-2042091
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
-
DaVita Germantown Dialysis Medical Clinic
-
Hope Grows Child Development center #2 Daycare Center Foster Care Service
-
DaVita Germantown At Home Medical Clinic
-
SANDESH KUMAR JOSHI Physician Medical Clinic
-
Hope Grows Child Development Center II Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.82M
Blend (final)
Blend
$4.53M
Owner & transaction history
Mcp Century LLC · 1 yrs held
Mcp Century LLC
since 2024
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
CR2.0 · Germantown, 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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,735,000
Current use
WAREHOUSE, STORAGE
$6,645,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,150,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$4.53M
Range $4.07M – $4.98M · ±10% · vs last sale $4.38M (Apr 24 2024)
Last sale anchor
$4.38M
Apr 24 2024
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
$213 / 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
$44,807
Tax year 2022
Assessed value
$3,793,000
Assessed 2023
Previous assessed
$3,700,000
+2.5% YoY
Effective rate
1.18%
On assessed value
Land market value
$1,463,600
Improvement market value
$2,515,400
Total market value
$3,979,000
Applied tax rate
42.0000
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
2002
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
21,234 SF
Lot
2 ac (87,120 SF)
Zoning code
CR2.0
APN
02-03349632
UPID
US40-2042091
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR2.0 · Germantown, MD
Zoning CR2.0 · permitted uses
CR2.0 · Germantown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Germantown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.7M
WAREHOUSE, STORAGE
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$6.2M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2002
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Mcp Century LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4795 MDW WOOD LN STE 125E, CHANTILLY, VA 20151-4255
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
—
Mcp Century LLC
—
Deed
related
$2,500,000 · American United Life Insurance Company
Jul 24, 2024
$4,375,000
Mcp Century LLC
20111 Century Boulevard LLC
Deed
—
Jan 3, 2017
—
20111 Century Boulevard LLC
—
Deed
related
$2,700,000 · Branch Bk&tr
Jun 13, 2008
$5,000,000
20111 Century Boulevard LLC
Asset Capital Partners
Grant Deed
—
Feb 24, 2006
—
Asset Capital Partners
Asset Capital Corporation INC
Quit Claim Deed
related
$3,400,000 · J P Morgan Chase Bank
Sep 21, 2005
$647,620
Asset Capital Corp INC
Halpert,leo
Grant Deed
related
—
May 18, 2004
$3,380,000
Century South Investors LLC
Oxbridge Dev At Century South Lc
Grant Deed
related
$2,880,000 · Branch Banking & Trust Co
—
—
20111 Century Boulevard LLC
—
Deed Of Trust
related
$2,700,000 · Branch Bk&tr
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
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