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Property profile & analytics
FOR SALE
Hospitals
2601 Bel Pre Rd, Silver Spring, MD 20906
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-0301994
$7,500,000
2601 Bel Pre Rd, Silver Spring, MD 20906
View Listing →
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,602 SF
Lot
3.81 ac (165,963 SF)
Zoning code
RE2
APN
13-03149636
UPID
US40-0301994
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
-
Bel Pre Healthcare Center Nursing Home
-
Mustafa Gedik Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.70M
Owner & transaction history
Bpre Asset Ownership LLC · 10 yrs held
Bpre Asset Ownership LLC
since 2016
7 recorded transactions
Zoning & alternative use
RE2 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+111.0%
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 Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,700,000
Current use
AUTO REPAIR, GARAGE
$3,585,000
Change: +111% · Conversion: Difficult
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±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
$105 / 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
$94,484
Tax year 2022
Assessed value
$8,986,533
Assessed 2023
Previous assessed
$8,250,167
+8.9% YoY
Effective rate
1.05%
On assessed value
Land market value
$4,208,800
Improvement market value
$5,514,100
Total market value
$9,722,900
Applied tax rate
42.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
For Sale
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
100
Total area
25,602 SF
Lot
3.81 ac (165,963 SF)
Zoning code
RE2
APN
13-03149636
UPID
US40-0301994
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
RE2 · Silver Spring, MD
Zoning RE2 · permitted uses
RE2 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Spring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
100
Lot
3.81 ac
Current owner
From public records · entity-resolved
Bpre Asset Ownership LLC
Entity
Mailing address
4700 ASHWOOD DR STE #200, BLUE ASH, OH 45241-2424
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Bpre Asset Ownership LLC
—
Deed
related
$4,623,350 · Ohi Crestwood Re LLC
May 31, 2016
—
Bpre Asset Ownership LLC
—
Deed
related
$61,000,000 · Capital One NA
Apr 14, 2016
—
Bpre Asset Ownership LLC
Maryland Nh Asset LLC
Grant Deed
—
Jun 6, 2008
$6,977,492
Maryland Nh Asset LLC
Thi Of Maryland R/e Holding
Grant Deed
related
$74,927,751 · Ohi Asset II Pa Trust
Dec 4, 2002
$6,993,510
Thi Of Maryland Real Est Holdi
Millennium Holdings V LLC
Grant Deed
$55,000,000 · Ventas Realty LP
Jan 4, 2000
—
Millennium Holdings V LLC
—
Deed Of Trust
related
$3,300,000 · Mercantile-safe Deposit & Trus
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$330,000 · Ohi Asset III Pa Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$2,051,000 · Ohi Asset III Pa Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$3,638,000 · Ohi Asset III Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$3,000,000 · Ohi Asset III Pa Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$1,728,000 · Ohi Asset III Pa Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$2,350,000 · Ohi Asset III Pa Trust (ct)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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