20201 Century Blvd Germantown, MD 20874-1113
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$16.20M
Range $14.58M – $17.81M (±10%)
Property ID
US40-1424126
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
104,272 SF
Lot
4.35 ac (189,486 SF)
Zoning code
CR2.0
APN
02-02168235
UPID
US40-1424126
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
-
Laboratory
-
Engineering Consultant
-
Medical Clinic
-
Physician
-
Research Institute Research Foundation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.69M
Blend (final)
Blend
$16.20M
Owner & transaction history
since 2007
7 recorded transactions
Zoning & alternative use
CR2.0 · 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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$16.20M
Value range
$14.58M – $17.81M
±10% around blend
Estimated value / SF
$155 / SF
Confidence
High
10 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
100
$14.58M
blend $16.20M
$17.81M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
104,272 SF
Lot area
4.35 ac
Stories
4
APN
02-02168235
Assessed value
$15,487,000
Annual tax
$170,460
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
$17.28M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.8 mi away · 114,606 SF
6.6 mi away · 93,000 SF
10.1 mi away · 135,102 SF
17.3 mi away · 80,392 SF
18.2 mi away · 95,816 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$16.20M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 255 sales
$317
-51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $155/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
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
Comparable evidence · 10 sales
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$15.49M
Move the market yield to see immediate price impact.
Value / SF
$149
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%
$976k
$19.51M
$13.94M
$10.84M
$1.08M
$21.68M
$15.49M
$12.05M
$1.19M
$23.85M
$17.04M
$13.25M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$17.10M
0.4 mi · Jan 2026 · $207/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$170,460
Tax year 2022
Assessed value
$15,487,000
Assessed 2023
Previous assessed
$14,175,600
+9.3% YoY
Effective rate
1.10%
On assessed value
Land market value
$3,183,300
Improvement market value
$14,926,500
Total market value
$18,109,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Construction
BRICK
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
104,272 SF
Lot
4.35 ac (189,486 SF)
Zoning code
CR2.0
APN
02-02168235
UPID
US40-1424126
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR2.0 · Germantown, MDZoning CR2.0 · permitted uses
CR2.0 · Germantown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
4.35 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CR2.0
Jurisdiction
Germantown, MD
Recorded code
CR2.0
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.
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