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Property profile & analytics
OFF-MARKET
Estimated value
$12,820,000
Life science properties
2140 Industrial Pkwy, Silver Spring, MD 20904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0691131
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1991
Construction
BRICK
Total area
50,086 SF
Lot
3.7 ac (161,172 SF)
Zoning code
CR0.7
APN
05-02898351
UPID
US40-0691131
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.82M
Owner & transaction history
12101 Tech Road LLC · 3 yrs held
12101 Tech Road LLC
since 2022
Last sale
$12.8M
2 recorded transactions
Zoning & alternative use
CR0.7 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.2M
+1,148.5%
Office building
$13.7M
+895.5%
Apartment house (5+ units)
$13.7M
+891.0%
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 Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring 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
$12,815,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$17,195,000
Change: +1,149% · Conversion: Difficult
OFFICE BUILDING
$13,710,000
Change: +896% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$13,650,000
Change: +891% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$12,270,000
Change: +791% · Conversion: Difficult
RETAIL STORES
$10,810,000
Change: +685% · Conversion: Difficult
RESTAURANT
$9,555,000
Change: +594% · Conversion: Difficult
Blend value · Realmo final
$12.82M
Range $11.54M – $14.10M · ±10% · vs last sale $12.82M (Jul 21 2022)
Last sale anchor
$12.82M
Jul 21 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
$256 / 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
$125,757
Tax year 2022
Assessed value
$10,805,967
Assessed 2023
Previous assessed
$9,927,500
+8.8% YoY
Effective rate
1.16%
On assessed value
Land market value
$2,901,000
Improvement market value
$9,661,900
Total market value
$12,562,900
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1991
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
50,086 SF
Lot
3.7 ac (161,172 SF)
Zoning code
CR0.7
APN
05-02898351
UPID
US40-0691131
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR0.7 · Silver Spring, MD
Zoning CR0.7 · permitted uses
CR0.7 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Spring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$17.2M
OFFICE BUILDING
Est. value
$13.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.7M
INDUSTRIAL (GENERAL)
Est. value
$12.3M
RETAIL STORES
Est. value
$10.8M
RESTAURANT
Est. value
$9.6M
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
1991
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
3.7 ac
Current owner
From public records · entity-resolved
12101 Tech Road LLC
Entity
Mailing address
2501 SEAPORT DR, CHESTER, PA 19013-2249
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$12,821,600
12101 Tech Road LLC
Bdc Spectrum LLC
Special Warranty Deed
$10,880,000 · Eagle Bank
Jun 6, 2012
$31,100,000
Bdc Spectrum LLC
Tech Center 29 Limited Partnership
Special Warranty Deed
$24,000,000 · Suntrust 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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