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Property profile & analytics
OFF-MARKET
Estimated value
$5,035,000
Industrial properties
21200 Martinsburg Rd, Dickerson, MD 20842-9406
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1742878
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1990
Construction
STEEL FRAME
Total area
1,204 SF
Lot
668.23 ac (29,108,098 SF)
Zoning code
IH2.5
APN
03-03305536
UPID
US40-1742878
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
$4.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.04M
Owner & transaction history
Terra Energy LLC · 3 yrs held
Terra Energy LLC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
IH2.5 · Dickerson, 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 Dickerson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dickerson 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
$5,095,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.04M
Range $4.53M – $5.54M · ±10% · vs last sale $5.10M (Sep 20 2022)
Last sale anchor
$5.10M
Sep 20 2022
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
$4,182 / 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
$264,009
Tax year 2022
Assessed value
$4,677,700
Assessed 2023
Previous assessed
$17,202,200
-72.8% YoY
Effective rate
5.64%
On assessed value
Assessed land
$4,677,600
Assessed improvement
$100
Land market value
$4,677,600
Improvement market value
$100
Total market value
$4,677,700
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
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
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
15
Stories
2
Units
18
Total area
1,204 SF
Lot
668.23 ac (29,108,098 SF)
Zoning code
IH2.5
APN
03-03305536
UPID
US40-1742878
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IH2.5 · Dickerson, MD
Zoning IH2.5 · permitted uses
IH2.5 · Dickerson, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dickerson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
15
Units
18
Lot
668.23 ac
Current owner
From public records · entity-resolved
Terra Energy LLC
Entity
Mailing address
13409 STRAW BALE LN, DARNESTOWN, MD 20878-3992
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
$5,100,000
Terra Energy LLC
Dickerson Infra Development LLC
Special Warranty Deed
$3,500,000 · United Bank
Jan 7, 2020
$203,833
Genon Mid-atlantic LLC
Dickerson Ol2 LLC
Grant Deed
—
Jan 7, 2020
$489,200
Genon Mid-atlantic LLC
Dickerson Ol4 LLC
Grant Deed
—
Jan 7, 2020
$1,549,133
Genon Mid-atlantic LLC
Dickerson Ol1 LLC
Grant Deed
—
Dec 29, 2010
—
Mirant Mid-atlantic LLC
—
Deed Of Trust
related
$200,000,000 · Dickerson Ol2 LLC
Jan 3, 2001
$2,858,570
Energy Mid-atlantic Southern
Potomac Electric Power Co
Grant Deed
—
Jan 3, 2001
$1,549,130
Dickerson Ol1 LLC
Potomac Electric Power Co
Grant Deed
$1,549,133 · State Street Bank & Trust Ct
Jan 3, 2001
$203,830
Dickerson Ol2 LLC
Potomac Electric Power Co
Grant Deed
$203,833 · State Street Bank & Trust Ct
Jan 3, 2001
$489,200
Dickerson Ol4 LLC
Potomac Electric Power Co
Grant Deed
$489,200 · State Street Bank & Trust Ct
—
—
Energy Mid-atlantic Southern
—
Deed Of Trust
related
—
—
—
Mirant Mid-atlantic LLC
—
Deed Of Trust
related
$200,000,000 · Dickerson Ol3 LLC
—
—
Energy Mid-atlantic Southern
—
Deed Of Trust
related
—
—
—
Energy Mid-atlantic Southern
—
Deed Of Trust
related
—
—
—
Energy Mid-atlantic Southern
—
Deed Of Trust
related
—
—
—
Mirant Mid-atlantic LLC
—
Deed Of Trust
related
$200,000,000 · Dickerson Ol4 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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