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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Warehouses
210 Mason Dr, Rockville, MD 20850-1453
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-1109946
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
BRICK
Total area
8,400 SF
Lot
1.36 ac (59,241 SF)
Zoning code
IH2.5
APN
04-00056160
UPID
US40-1109946
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
$4.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$4.33M
Owner & transaction history
Ha Beantown Yards LLC · 2 yrs held
Ha Beantown Yards LLC
since 2023
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
IH2.5 · Rockville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.4M
+151.2%
Commercial (general)
$4.9M
+131.3%
Industrial (general)
$4.0M
+87.8%
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
Method
Estimation
Statistic approach
$4,660,000
ML approach
$4,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,355,000
Change: +151% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,930,000
Change: +131% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,005,000
Change: +88% · Conversion: Easy
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $4.00M (Jul 19 2023)
Last sale anchor
$4.00M
Jul 19 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
$515 / 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
$20,075
Tax year 2022
Assessed value
$1,477,800
Assessed 2023
Previous assessed
$1,415,867
+4.4% YoY
Effective rate
1.36%
On assessed value
Assessed land
$514,800
Assessed improvement
$963,000
Land market value
$514,800
Improvement market value
$963,000
Total market value
$1,477,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
BRICK
Heating
SPACE
Buildings
2
Stories
1
Units
2
Total area
8,400 SF
Lot
1.36 ac (59,241 SF)
Zoning code
IH2.5
APN
04-00056160
UPID
US40-1109946
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IH2.5 · Rockville, MD
Zoning IH2.5 · permitted uses
IH2.5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1988
Construction
BRICK
Heating
SPACE
Stories
1
Buildings
2
Units
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Ha Beantown Yards LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5500 MACARTHUR BLVD, NW, WA
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$4,000,000
Ha Beantown Yards LLC
Valerie Lee Kendall
Special Warranty Deed
—
Jan 4, 2023
—
Valerie L Kendall
Valerie L Kendall
Correction Deed
related
—
Apr 3, 2017
—
Valerie L Kendall
Kendall Bruce R
Quit Claim Deed
related
—
—
—
Bruce R Kendall
—
Deed Of Trust
related
$90,000 · Franklin National Bank
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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