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Property profile & analytics
OFF-MARKET
Estimated value
$20,755,000
Community centers
2700 Campus N Way Lanham, MD 20706-2696
Individually Owned
1-yr Hold
Free & Clear
Property ID
US40-1324891
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2017
Construction
FRAME
Total area
41,316 SF
Lot
2.66 ac (115,870 SF)
Zoning code
TACE
APN
13-4018289
UPID
US40-1324891
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
-
Nordstrom Rack Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Cold Stone Creamery Grocery & Convenience Store Specialty Food Shop
-
Shakira Toy store (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Rocky Mountain Chocolate Factory Specialty Food Shop Candy Store
-
jamaila Pet Store (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.76M
Owner & transaction history
Ryan Stevens · 1 yrs held
Ryan Stevens
since 2025
Last sale
$21.0M
4 recorded transactions
Zoning & alternative use
TACE · Lanham, 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 Lanham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lanham 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
$24,675,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,550,000
6.5%
$14,355,000
7%
$13,330,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$32,170,000
Current use
INDUSTRIAL (GENERAL)
$27,340,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$20.76M
Range $18.68M – $22.83M · ±10% · vs last sale $21.00M (Mar 21 2022)
Last sale anchor
$21.00M
Mar 21 2022
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
$502 / 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
$113,328
Tax year 2023
Assessed value
$8,483,900
Assessed 2023
Previous assessed
$8,483,900
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$4,634,700
Assessed improvement
$3,849,200
Land market value
$4,634,700
Improvement market value
$3,849,200
Total market value
$8,483,900
Applied tax rate
87.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
41,316 SF
Lot
2.66 ac (115,870 SF)
Zoning code
TACE
APN
13-4018289
UPID
US40-1324891
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
TACE · Lanham, MD
Zoning TACE · permitted uses
TACE · Lanham, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lanham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$32.2M
INDUSTRIAL (GENERAL)
Est. value
$27.3M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (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
2017
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.66 ac
Current owner
From public records · entity-resolved
Ryan Stevens
Individual
Free & Clear · 1 yrs held
Mailing address
888 7TH AVE, NEW YORK, NY 10106-0001
Ownership since
2025
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
Jan 24, 2025
—
Ryan Stevens
D R Horton INC
Deed
related
—
Mar 21, 2022
$21,000,000
Ue Woodmore Tc LLC
Woodmore Retail LLC
Special Warranty Deed
$1,000,000 · Goldman Sachs Bank USA
Jun 30, 2016
$9,375,978
Woodmore Retail LLC
Dr Horton INC
Grant Deed
—
Feb 27, 2013
$28,700
Dr Horton INC
Mcguckian Rachel T
Trustees Deed
related
—
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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