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Property profile & analytics
OFF-MARKET
Estimated value
$11,330,000
Assisted living facilities
2201 Colston Dr, Silver Spring, MD 20910-2545
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-1488426
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2017
Total area
137,332 SF
Lot
2.26 ac (98,396 SF)
Zoning code
R60
APN
13-02544630
UPID
US40-1488426
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
-
Sunrise of Chevy Chase Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.33M
Blend (final)
Blend
$11.33M
Owner & transaction history
Eat Sunrise Chevy Chase LLC · 10 yrs held
Eat Sunrise Chevy Chase LLC
since 2016
5 recorded transactions
Zoning & alternative use
R60 · Silver Spring, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.33M
Range $10.20M – $12.46M · ±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
$83 / 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
$191,261
Tax year 2022
Assessed value
$17,149,433
Assessed 2023
Previous assessed
$16,357,767
+4.8% YoY
Effective rate
1.12%
On assessed value
Land market value
$5,227,700
Improvement market value
$12,713,400
Total market value
$17,941,100
Applied tax rate
38.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2017
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
9
Units
98
Total area
137,332 SF
Lot
2.26 ac (98,396 SF)
Zoning code
R60
APN
13-02544630
UPID
US40-1488426
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R60 · Silver Spring, MD
Zoning R60 · permitted uses
R60 · 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.
Building & site characteristics
From public records
Year built
2017
Heating
HOT WATER
Cooling
Yes
Stories
9
Units
98
Lot
2.26 ac
Current owner
From public records · entity-resolved
Eat Sunrise Chevy Chase LLC
Entity
Mailing address
7900 WESTPARK DR, MCLEAN, VA 22102-4242
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2017
—
Eat Sunrise Chevy Chase LLC
—
Loan Modification
related
$29,057,942 · Wells Fargo Bk
Aug 18, 2016
—
Eat Sunrise Chevy Chase LLC
—
Deed
related
$29,057,942 · Wells Fargo Bank NA
Mar 16, 2016
$19,303,100
Eat Sunrise Chevy Chase LLC
Hcp Maryland Properties LLC
Deed
$28,500,000 · Wells Fargo Bank NA
Jan 19, 2016
—
Hcp Maryland Properties LLC
Hcp Maryland Properties LLC
Quit Claim Deed
related
—
Apr 14, 2008
—
Hcr Manor Care Md Props INC
Manorcare Health Services INC
Quit Claim Deed
related
—
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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