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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
2501 Crain Hwy, Bowie, MD 20716-3426
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-1417990
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
2,294 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CS
APN
07-0772095
UPID
US40-1417990
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$670k
Owner & transaction history
Whitro Bowie 1 LLC · 10 yrs held
Whitro Bowie 1 LLC
since 2015
7 recorded transactions
Zoning & alternative use
CS · Bowie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$955,000
+89.1%
Auto repair, garage
$950,000
+88.0%
Commercial (general)
$755,000
+49.0%
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 Bowie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowie 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$505,000
Current use
RETAIL STORES
$955,000
Change: +89% · Conversion: Moderate
AUTO REPAIR, GARAGE
$950,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$755,000
Change: +49% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$640,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
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
$292 / 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
$9,438
Tax year 2023
Assessed value
$690,900
Assessed 2023
Previous assessed
$1,349,400
-48.8% YoY
Effective rate
1.37%
On assessed value
Assessed land
$465,200
Assessed improvement
$225,700
Land market value
$465,200
Improvement market value
$225,700
Total market value
$690,900
Applied tax rate
77.0000
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
Off-Market
Year built
1958
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
2
Bathrooms
1
Total area
2,294 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CS
APN
07-0772095
UPID
US40-1417990
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CS · Bowie, MD
Zoning CS · permitted uses
CS · Bowie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bowie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$505,000
RETAIL STORES
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$755,000
MEDICAL BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$640,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1958
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
2
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Whitro Bowie 1 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
15301 FREDERICK RD, ROCKVILLE, MD 20855-2120
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
—
Whitro Bowie 1 LLC
—
Deed
related
$10,622,547 · Truist Bank
May 19, 2017
—
Whitro Bowef 1 LLC
—
Loan Modification
related
$12,814,245 · Suntrust Bk
Dec 24, 2015
$1,296,000
Whitro Bowie 1 LLC
Route 301 Realty Corp
Grant Deed
—
Dec 24, 2015
$1,334,000
Whitro Bowie #1 LLC
Bowie 2501 Realty LLC
Special Warranty Deed
—
Mar 23, 2012
—
Route 301 Realty Corp
—
Deed Of Trust
related
$2,700,000 · Community Bank Of Tri-county
Jul 16, 2002
$1,500,000
Bowie 2501 Realty LLC
L & S Property Management INC
Grant Deed
—
Mar 21, 2000
$550,000
L & S Property Management INC
Hill,thomas R & Barbara M
Grant Deed
$495,000 · Seller
Apr 7, 1999
—
Thomas R Hill
Hill,thomas R
Quit Claim Deed
related
—
—
—
Bowie 2501 Realty LLC
—
Deed Of Trust
related
$1,300,000 · Community Bank Of Tri-county
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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