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Property profile & analytics
OFF-MARKET
Estimated value
$5,725,000
Office buildings
255 Rockville Pike Rockville, MD 20850-4153
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2261129
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
144,609 SF
Lot
2.5 ac (109,107 SF)
Zoning code
TCM2
APN
04-03084266
UPID
US40-2261129
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
-
Montgomery County Department of Permitting Services County Government Office
-
Teresa Kingfield Foster Care Service Social Service Agency
-
Sharon K. Sierra-Koscinski, MSW Foster Care Service Social Service Agency
-
Colonial Parking Parking Lot & Garage
-
Radley Steven J MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.73M
Owner & transaction history
255 Rockville Pike LLC · 2 yrs held
255 Rockville Pike LLC
since 2024
Last sale
$5.7M
4 recorded transactions
Zoning & alternative use
TCM2 · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
$5,725,000
ML approach
$5,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.73M
Range $5.15M – $6.30M · ±10% · vs last sale $5.72M (Mar 20 2024)
Last sale anchor
$5.72M
Mar 20 2024
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
$40 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$646,240
Tax year 2022
Assessed value
$20,000,000
Assessed 2023
Previous assessed
$48,920,000
-59.1% YoY
Effective rate
3.23%
On assessed value
Assessed land
$6,323,800
Assessed improvement
$13,676,200
Land market value
$6,323,800
Improvement market value
$13,676,200
Total market value
$20,000,000
Applied tax rate
12.0000
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
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
144,609 SF
Lot
2.5 ac (109,107 SF)
Zoning code
TCM2
APN
04-03084266
UPID
US40-2261129
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
TCM2 · Rockville, MD
Zoning TCM2 · permitted uses
TCM2 · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
255 Rockville Pike LLC
Entity
Mailing address
4341 MONTGOMERY AVE, BETHESDA, MD 20814-4401
Ownership since
2024
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
Mar 20, 2024
$5,722,500
255 Rockville Pike LLC
Cmlt 2008 Ls1 Rockville Pike LLC
Special Warranty Deed
—
Sep 1, 2023
$7,750,000
Cmlt 2008 Ls1 Rockville Pike LLC
Eldridge INC
Trustees Deed
related
—
Nov 6, 2007
$228,000
Jeffrey Lobel
London Terrace Cooperative Hou
Grant Deed
$182,400 · Tenacity Mortgage
—
—
Eldridge INC
—
Deed Of Trust
related
$40,000,000 · Suburban Capital Markets INC
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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