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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Bars & Pubs
2350 University E Blvd Hyattsville, MD 20783-2660
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US40-0893126
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1968
Construction
BRICK
Total area
5,820 SF
Lot
0.36 ac (15,698 SF)
Zoning code
CGO
APN
17-1967355
UPID
US40-0893126
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
-
King Kong Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
East Wind INC · 8 yrs held
East Wind INC
since 2018
5 recorded transactions
Zoning & alternative use
CGO · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good access are important, in a form that supports connections and a balance between automobile access and pedestrian friendliness.
Zone name
Commercial General And Office Zone
General category
MIXED_USE
Zone area
7.91 ac
Source
Realmo
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
$233 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,201
Tax year 2023
Assessed value
$1,097,233
Assessed 2023
Previous assessed
$951,867
+15.3% YoY
Effective rate
1.11%
On assessed value
Land market value
$627,900
Improvement market value
$614,700
Total market value
$1,242,600
Applied tax rate
17.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1968
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,820 SF
Lot
0.36 ac (15,698 SF)
Zoning code
CGO
APN
17-1967355
UPID
US40-0893126
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Hyattsville, MDZoning CGO · permitted uses
CGO · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Commercial, General and Office (CGO) Zone are to provide lands for a diverse range of business, civic, and mixed use development, typically at or near major intersections where visibility and good access are important, in a form that supports connections and a balance between automobile access and pedestrian friendliness.
Zone name
Commercial General And Office Zone
General category
MIXED_USE
Zone area
7.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1968
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
East Wind INC
Entity
Mailing address
2350 UNIVERSITY BLVD E, HYATTSVILLE, MD 20783-2660
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 6, 2024
—
East Wind INC
—
Deed
related
$1,500,000 · Wilmington Savings Fund Society Fsb
Oct 26, 2018
—
East Wind INC
—
Deed
related
$650,000 · Cherrywood Mtg LLC
May 31, 2018
—
East Wind INC
East Wind Chinese Restaurant I
Quit Claim Deed
$450,000 · Richard E Grodsky
Oct 3, 2017
—
East Wind Chinese Restaurant I
—
Trustees Deed
related
$100,000 · Gladys Y Mark
—
—
East Wind INC
—
Deed Of Trust
related
$650,000 · Cherrywood Mtg 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.
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