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Property profile & analytics
OFF-MARKET
Office buildings
23655 Royal Oak Rd, Quantico, MD 21856-2095
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-2338966
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
BRICK
Total area
1,800 SF
Lot
6.23 ac (271,379 SF)
Zoning code
ARR
APN
02-000067
UPID
US40-2338966
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
-
Paul's Landworks & Construction llc Plumbing Service
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
Paul W Morris · 4 yrs held
Paul W Morris
since 2022
7 recorded transactions
Zoning & alternative use
ARR · Quantico, 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 Quantico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quantico 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
$2,454
Tax year 2023
Assessed value
$246,000
Assessed 2023
Previous assessed
$246,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$50,100
Assessed improvement
$195,900
Land market value
$50,100
Improvement market value
$195,900
Total market value
$246,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1960
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
2
Bathrooms
1
Total area
1,800 SF
Lot
6.23 ac (271,379 SF)
Zoning code
ARR
APN
02-000067
UPID
US40-2338966
Jurisdiction
WICOMICO
Zoning & alternative use
ARR · Quantico, MD
Zoning ARR · permitted uses
ARR · Quantico, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quantico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
BRICK
Heating
HEAT PUMP
Stories
1
Units
2
Bathrooms
1
Lot
6.23 ac
Current owner
From public records · entity-resolved
Paul W Morris
Individual
Mailing address
PO BOX 99, BIVALVE, MD 21814-0099
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
Aug 19, 2022
—
Paul V Morris
—
Deed
related
$165,709 · Midatlantic Farm Credit Aca
Feb 15, 2022
—
Paul W Morris
Edward J Morris II
Deed
related
—
Oct 21, 2019
$250,000
Edward J Morris II
Acv Enviro Md Re LLC
Grant Deed
$180,000 · Farm Credit Svcs
Aug 16, 2011
—
First Management Baltimore LLC
—
Deed Of Trust
related
$32,847,296 · Wells Fargo Bank
Dec 15, 2010
—
First Management Baltimore LLC
—
Deed Of Trust
related
$3,300,000 · Wells Fargo Bank
Dec 15, 2005
$178,000
Quantico Holdings LLC
West,douglas H
Grant Deed
related
$210,000 · Manufacturers Traders & Trust
—
—
First Management Baltimore LLC
—
Deed Of Trust
related
$3,300,000 · Wells Fargo Bank
—
—
First Management Baltimore LLC
—
Deed Of Trust
related
$32,847,296 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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