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Property profile & analytics
OFF-MARKET
Warehouses
23918 Mervell Dean Rd, Hollywood, MD 20636-4868
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US40-2245574
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
WOOD
Total area
2,024 SF
Lot
0.48 ac (20,908 SF)
Zoning code
TMX
APN
06-012574
UPID
US40-2245574
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
-
Southern Maryland Center-Family Law Firm
-
Family Advocacy Center Law Firm
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
Allan Lansberg · 22 yrs held
Allan Lansberg
since 2003
4 recorded transactions
Zoning & alternative use
TMX · Hollywood, 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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
$2,853
Tax year 2023
Assessed value
$265,067
Assessed 2023
Previous assessed
$255,800
+3.6% YoY
Effective rate
1.08%
On assessed value
Land market value
$168,700
Improvement market value
$114,900
Total market value
$283,600
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Total area
2,024 SF
Lot
0.48 ac (20,908 SF)
Zoning code
TMX
APN
06-012574
UPID
US40-2245574
Jurisdiction
ST MARY'S
Zoning & alternative use
TMX · Hollywood, MD
Zoning TMX · permitted uses
TMX · Hollywood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
SPACE
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Allan Lansberg
Individual
Mailing address
23934 MERVELL DEAN RD, HOLLYWOOD, MD 20636-4868
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2018
—
Abell Investments LLC
—
Deed
related
$461,250 · Cedar Point FCU
Dec 9, 2003
$58,000
Allan Lansberg
Lansberg & Abell Partnership
Grant Deed
related
$368,000 · Maryland Bank & Trust Co NA
Dec 27, 2002
$113,500
Lansberg & Abell Partnership
Dde INC
Grant Deed
$220,000 · First National Bank St Marys
Oct 17, 2001
$18,010
Dean Lumber & Supply Co INC
Dde INC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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