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Property profile & analytics
OFF-MARKET
Estimated value
$4,985,000
Grocery and convenience stores
2400 University E Blvd, Hyattsville, MD 20783-2661
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0738770
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1953
Construction
BRICK
Total area
20,370 SF
Lot
2.99 ac (130,244 SF)
Zoning code
CGO
APN
17-1929975
UPID
US40-0738770
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
-
Joyeria Crystal Adelphi (Bike/Boat/Book/etc) Store
-
Super Latino Grocery & Convenience Store Food Market
-
Megamart Adelphi Specialty Food Shop Supermarket
-
Ria Money Transfer - JDA Envios LLC Bank Credit Union
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.27M
Blend (final)
Blend
$4.99M
Owner & transaction history
State Highway Admin Of Md Dept Of T · 4 yrs held
State Highway Admin Of Md Dept Of T
since 2021
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
CGO · 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
Method
Estimation
Statistic approach
$4,805,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,800,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$4.99M
Range $4.49M – $5.48M · ±10% · vs last sale $3.90M (Nov 17 2021)
Last sale anchor
$3.90M
Nov 17 2021
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
$245 / 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
$100,161
Tax year 2023
Assessed value
$9,007,300
Assessed 2023
Previous assessed
$8,549,400
+5.4% YoY
Effective rate
1.11%
On assessed value
Land market value
$1,953,600
Improvement market value
$7,511,600
Total market value
$9,465,200
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
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1953
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
20,370 SF
Lot
2.99 ac (130,244 SF)
Zoning code
CGO
APN
17-1929975
UPID
US40-0738770
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Hyattsville, MD
Zoning CGO · permitted uses
CGO · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.8M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
2.99 ac
Current owner
From public records · entity-resolved
State Highway Admin Of Md Dept Of T
Entity
Free & Clear · 4 yrs held
Mailing address
FINMARC MGMT INC STE #1100, BETHESDA, MD 20814
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
—
State Highway Admin Of Md Dept Of T
Adelphi Center LLC
Quit Claim Deed
related
—
Jun 25, 2009
$3,900,000
Adelphi Center LLC
Peck Carol R
Warranty Deed
$4,550,000 · Eagle Bank
Jun 25, 2009
—
Adelphi Center LLC
Diatz Brittany L Trust
Grant Deed
related
—
Feb 11, 2008
—
Diatz Brittany L Trust
Diatz Richard S
Quit Claim Deed
related
—
Feb 15, 2006
—
Alvin Peck
Peck,alvin
Quit Claim Deed
related
—
—
—
Adelphi Center LLC
—
Deed Of Trust
related
$1,200,000 · Eagle 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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