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Property profile & analytics
FOR LEASE
Office buildings
2301 Research Blvd Rockville, MD 20850
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1139310
For Lease
1 / 4
$13,935,000
2301 Research Blvd, Rockville, MD 20850
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
BRICK
Total area
96,000 SF
Lot
5.19 ac (226,076 SF)
Zoning code
MXE
APN
04-00147711
UPID
US40-1139310
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
-
Dr. Kristen M. Dorsey, MD Pediatrician Medical Clinic
-
Fishman Cynthia L MD Pediatrician Medical Clinic
-
North Rockville Dental Dental Office
-
Travel Advisory and Immunization Clinic Medical Clinic
-
Donor Egg Bank USA Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.05M
CAP Approach
CAP
$19.26M
Comparable Approach
Comparable
$13.93M
Blend (final)
Blend
$13.94M
Owner & transaction history
Chct Maryland LLC · 3 yrs held
Chct Maryland LLC
since 2022
Last sale
$13.9M
7 recorded transactions
Zoning & alternative use
MXE · 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
$13,930,000
ML approach
$9,050,000
CAP Approach
CAP Return
Estimation
6%
$20,860,000
6.5%
$19,255,000
7%
$17,880,000
Blend value · Realmo final
$13.94M
Range $12.54M – $15.33M · ±10% · vs last sale $13.94M (Dec 13 2022)
Last sale anchor
$13.94M
Dec 13 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
$145 / 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
$126,209
Tax year 2022
Assessed value
$8,500,000
Assessed 2023
Previous assessed
$8,500,000
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$5,459,700
Assessed improvement
$3,040,300
Land market value
$5,459,700
Improvement market value
$3,040,300
Total market value
$8,500,000
Applied tax rate
12.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1973
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
96,000 SF
Lot
5.19 ac (226,076 SF)
Zoning code
MXE
APN
04-00147711
UPID
US40-1139310
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXE · Rockville, MD
Zoning MXE · permitted uses
MXE · 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.
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
5.19 ac
Current owner
From public records · entity-resolved
Chct Maryland LLC
Entity
Mailing address
3326 ASPEN GRV DR STE #150, FRANKLIN, TN 37067-2870
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
$13,936,900
Chct Maryland LLC
Hypnos Solutions LLC
Special Warranty Deed
—
Jun 30, 2022
—
Hypnos Solutions LLC
—
Deed
related
$6,000,000 · First Financial Bank NA
Mar 4, 2020
$9,250,000
Hypnos Solutions LLC
Aetna Life Ins Co
Grant Deed
—
Mar 13, 2015
—
Aetna Life Ins Co
Search Rock LLC
Grant Deed
—
Oct 6, 2006
—
Search Rock LLC
—
Trustees Deed
related
$15,000,000 · Aetna Life Insurance & Annuity
Jul 10, 1998
$9,340,000
Search Rock LLC
Homecall INC
Grant Deed
—
Jun 24, 1998
—
Homecall INC
Mid Atlantic Medical Svcs INC
Grant Deed
related
—
—
—
Search Rock LLC
—
Deed Of Trust
related
$8,528,719 · Starwood Opportunity Fund V LP
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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