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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Individual retail properties
2131 Veirs Ml Rd, Rockville, MD 20851-1826
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US40-2356449
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
2020
Construction
BRICK
Total area
5,370 SF
Lot
0.64 ac (27,662 SF)
Zoning code
MXNC
APN
04-00215154
UPID
US40-2356449
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
-
Twinbrook Laundromat (Bike/Boat/Book/etc) Store
-
Vigo Bank Credit Union
-
Taqueria Xintli, LLC Restaurant
-
CWF Latino Mark Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Amcaa Property LLC · 9 yrs held
Amcaa Property LLC
since 2016
7 recorded transactions
Zoning & alternative use
MXNC · Rockville, 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 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
by Request
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,115,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,095,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$805,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$520,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$500,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$147 / 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
$30,207
Tax year 2022
Assessed value
$2,188,000
Assessed 2023
Previous assessed
$2,142,567
+2.1% YoY
Effective rate
1.38%
On assessed value
Assessed land
$694,800
Assessed improvement
$1,493,200
Land market value
$694,800
Improvement market value
$1,493,200
Total market value
$2,188,000
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
2020
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
5,370 SF
Lot
0.64 ac (27,662 SF)
Zoning code
MXNC
APN
04-00215154
UPID
US40-2356449
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXNC · Rockville, MD
Zoning MXNC · permitted uses
MXNC · 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
RESTAURANT
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$805,000
OFFICE BUILDING
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$500,000
RESTAURANT
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2020
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Amcaa Property LLC
Entity
Mailing address
1018 HEARTFIELDS DR, SILVER SPRING, MD 20904-2114
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
—
Amcaa Property LLC
—
Deed
related
$573,000 · Business Finance Group INC
Mar 30, 2021
—
Amcaa Property LLC
—
Deed
related
$573,000 · Business Finance Group INC
Nov 15, 2019
—
Amcaa Property LLC
—
Deed
related
$694,000 · Eastern Funding LLC
Jun 29, 2016
$1,640,000
Amcaa Property LLC
Kang,sokkyun & Ok J
Grant Deed
$650,000 · Eastern Fndg
May 16, 2008
—
Sokkyun Kang
—
Trustees Deed
related
$250,000 · Burke & Herber Mortgage Co INC
Sep 17, 2007
$1,335,000
Sokkyun Kang
Patty S Ro
Deed
$250,000 · Burke & Herbert Bank & Trust Co
Mar 7, 2003
—
Patty S Roy
Roy,patty S
Quit Claim Deed
related
$712,500 · Severn Savings Bank Fsb
Sep 30, 1999
$725,000
Jong M Lee
Crestar Bank
Grant Deed
$500,000 · Eastern Savings Bank
—
—
Amcaa Property LLC
—
Deed Of Trust
related
$555,200 · Eastern Fndg
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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