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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
26 C St Laurel, MD 20707-4110
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-1431523
Property summary
AI-generated overview
This exceptional 1.5-acre (65,500 sq ft) commercial land parcel in downtown Laurel, MD, presents a unique development opportunity. Located at 26 C Street, this rectangular lot boasts flat topography, ideal for ground-up construction. The property is zoned for Commercial Village, permitting a variety of uses including multifamily, retail, and office space. Pre-approved conceptual plans exist for two distinct projects: a 73-unit mixed-use development (including townhomes and commercial space) and a 110-unit multifamily project, both with accompanying landscape plans. The site's prime location offers convenient access to the MARC train station, I-95, and the Baltimore-Washington Parkway, ensuring strong commuter appeal and high visibility. The APN numbers are 10-0991281
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
BRICK
Total area
2,940 SF
Lot
0.34 ac (15,000 SF)
Zoning code
LAUR
APN
10-0991281
UPID
US40-1431523
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
-
Iglesia Adventista Laurel II Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Laurel Legacy LLC · 6 yrs held
Laurel Legacy LLC
since 2019
3 recorded transactions
Zoning & alternative use
LAUR · Laurel, 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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
$226 / 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
$6,314
Tax year 2023
Assessed value
$382,900
Assessed 2023
Previous assessed
$378,300
+1.2% YoY
Effective rate
1.65%
On assessed value
Land market value
$270,000
Improvement market value
$122,100
Total market value
$392,100
Applied tax rate
90.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
2,940 SF
Lot
0.34 ac (15,000 SF)
Zoning code
LAUR
APN
10-0991281
UPID
US40-1431523
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LAUR · Laurel, MD
Zoning LAUR · permitted uses
LAUR · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Laurel Legacy LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5420 WISCONSIN AVE, CHEVY CHASE, MD 20815-3502
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2019
$650,000
Laurel Legacy LLC
A M Kroop & Sons INC
Grant Deed
related
—
Jan 30, 2019
—
Laurel Legacy LLC
—
Deed
related
$1,575,000 · Revere Bk
—
—
Laurel Legacy LLC
—
Loan Modification
related
$1,575,000 · Revere Bk
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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