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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
2810 Walters Ln, District Heights, MD 20747-3247
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-2150261
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
BRICK
Total area
5,624 SF
Lot
0.26 ac (11,184 SF)
Zoning code
RMF20
APN
06-0505784
UPID
US40-2150261
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$904k
Blend (final)
Blend
$695k
Owner & transaction history
Iglesia La Voz De Cristo A1 Mundo I · 6 yrs held
Iglesia La Voz De Cristo A1 Mundo I
since 2020
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
RMF20 · District Heights, 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 District Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs District Heights 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
$690,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $675k (Apr 7 2020)
Last sale anchor
$675k
Apr 7 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
$124 / 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
$7,097
Tax year 2023
Assessed value
$638,200
Assessed 2023
Previous assessed
$638,200
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$134,200
Assessed improvement
$504,000
Land market value
$134,200
Improvement market value
$504,000
Total market value
$638,200
Applied tax rate
6.0000
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
Year built
1966
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
5,624 SF
Lot
0.26 ac (11,184 SF)
Zoning code
RMF20
APN
06-0505784
UPID
US40-2150261
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RMF20 · District Heights, MD
Zoning RMF20 · permitted uses
RMF20 · District Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
District Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Iglesia La Voz De Cristo A1 Mundo I
Individual
Mailing address
2810 WALTERS LN, DISTRICT HEIGHTS, MD 20747-3247
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2020
$675,000
Iglesia La Voz De Cristo A1 Mundo I
Universal Health Care Mgmt Svcs INC
Deed
$540,000 · Atlantic Union Bank
Feb 15, 2008
$700,000
Universal Healthcare Mgmt Svcs
Edge Medical Care PC
Grant Deed
$595,000 · Bankannapolis
May 10, 2004
$450,000
Edge Medical Care PC
Freund,alan M
Grant Deed
$382,500 · Bank Of America
—
—
Alan M Freund
—
Deed Of Trust
related
$194,160 · Suntrust Bank NA
—
—
Alan M Freund
—
Deed Of Trust
related
$202,000 · Bank Of America
—
—
Alan M Freund
—
Deed Of Trust
related
$80,000 · Mercantile-safe Deposit & Trus
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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