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Property profile & analytics
OFF-MARKET
Industrial properties
2300 Craftsman Cir, Hyattsville, MD 20781-1133
Entity Owned
~
Est. High Equity
Property ID
US40-2317880
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Construction
BRICK
Total area
186,829 SF
Lot
11.76 ac (512,396 SF)
Zoning code
IE
APN
02-0104935
UPID
US40-2317880
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
-
Williams Warehouse Home Decor Store Department Store
-
A I C Ventures LP Financial Advisor
-
The Village Shops Thrift Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terreno Craftsman Circle LLC
Terreno Craftsman Circle LLC
since 2025
Last sale
$50.0M
7 recorded transactions
Zoning & alternative use
IE · Hyattsville, 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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$63,975
Tax year 2023
Assessed value
$4,355,300
Assessed 2023
Previous assessed
$4,266,200
+2.1% YoY
Effective rate
1.47%
On assessed value
Assessed land
$4,355,300
Land market value
$4,355,300
Total market value
$4,355,300
Applied tax rate
80.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
BRICK
Heating
YES
Stories
1
Total area
186,829 SF
Lot
11.76 ac (512,396 SF)
Zoning code
IE
APN
02-0104935
UPID
US40-2317880
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Hyattsville, MD
Zoning IE · permitted uses
IE · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
BRICK
Heating
YES
Stories
1
Lot
11.76 ac
Current owner
From public records · entity-resolved
Terreno Craftsman Circle LLC
Entity
Mailing address
1 SS ST STE #2800, BALTIMORE, MD 21202-3335
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$50,000,000
Terreno Craftsman Circle LLC
Craftsman Circle LLC
Special Warranty Deed
—
Dec 23, 2025
—
Terreno Craftsman Circle LLC
Craftsman Circle LLC
Deed
related
—
Jul 29, 2022
—
Craftsman Circle LLC
—
Deed
related
$31,460,000 · Bank Of America NA
Aug 28, 2020
$15,000,000
Craftsman Circle LLC
2300 Craftsman LLC
Special Warranty Deed
$10,000,000 · Wells Fargo Bank Northwest NA
Aug 28, 2020
—
2300 Craftsman LLC
Amerikor Investment Group LLC
Correction Deed
related
—
Jun 26, 2020
$10,000,000
2300 Craftsman LLC
Amerikor Investment Group LLC
Deed
$7,500,000 · Old Dominion National Bank
Jun 26, 2020
—
2300 Craftsman LLC
—
Deed
related
$7,500,000 · Old Dominion Nat'l Bk
Aug 16, 2019
—
Amerikor Investment Group LLC
—
Deed
related
$2,040,000 · Congressional Capital LLC
Jul 10, 2018
—
American Properties Of Md LLC
—
Deed
related
$3,060,000 · Congressional Capital LLC
Feb 9, 2017
$8,000,000
Amerikor Investment Group LLC
Us Electronics Land LLC
Trustees Deed
$3,500,000 · Private Individual
Nov 13, 2012
$4,700,000
Us Electronics Land LLC
Nl Ventures Vi Craftsman LLC
Grant Deed
—
Nov 13, 2007
$11,500,000
Nl Ventures Vi Craftsman LLC
Graphic Trade Bindery INC
Grant Deed
—
—
—
Us Electronics Land LLC
—
Deed Of Trust
related
$4,500,000 · Eagle Bank
—
—
Amerikor Investment Group LLC
—
Deed Of Trust
related
$2,040,000 · Congressional Capital LLC
—
—
2300 Craftsman LLC
—
Deed Of Trust
related
$7,500,000 · Old Dominion Nat'l Bk
—
—
Graphic Trade Bindery INC
—
Deed Of Trust
related
$1,293,099 · Heidelberg Print Finance America
—
—
American Properties Of Md LLC
—
Deed Of Trust
related
$3,060,000 · Congressional Capital 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.
Try Rey
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