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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail space
27505 Rdg Rd, Damascus, MD 20872-2419
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0160477
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
2,502 SF
Lot
0.71 ac (30,928 SF)
Zoning code
NR0.7
APN
12-00926595
UPID
US40-0160477
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
-
MCP Chimney & Masonry, Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Mcp Holdings LLC · 5 yrs held
Mcp Holdings LLC
since 2020
Last sale
$875,000
4 recorded transactions
Zoning & alternative use
NR0.7 · Damascus, 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 Damascus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Damascus 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
$1,220,000
ML approach
$1,210,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $875k (Oct 21 2020)
Last sale anchor
$875k
Oct 21 2020
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
$386 / 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
$11,548
Tax year 2022
Assessed value
$842,500
Assessed 2023
Previous assessed
$916,500
-8.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$593,800
Assessed improvement
$248,700
Land market value
$593,800
Improvement market value
$248,700
Total market value
$842,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,502 SF
Lot
0.71 ac (30,928 SF)
Zoning code
NR0.7
APN
12-00926595
UPID
US40-0160477
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
NR0.7 · Damascus, MD
Zoning NR0.7 · permitted uses
NR0.7 · Damascus, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Damascus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Mcp Holdings LLC
Entity
Mailing address
27505 RDG RD, DAMASCUS, MD 20872-2419
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 24, 2021
—
Mcp Holdings LLC
—
Deed
related
$362,000 · Business Finance Group INC
Oct 21, 2020
$875,000
Mcp Holdings LLC
Roger W Runkles
Deed
$437,500 · Woodsboro Bank
Jul 13, 1999
—
Roger W Runkles
Corson,carl A & Elizabeth T
Grant Deed
$300,000 · Corson Trust
Dec 2, 1997
—
Carl A Corson Tr
Carl A Corson Tr
Quit Claim 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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