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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Investment properties
3006 29th Ave Hyattsville, MD 20782-3625
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US40-2278938
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1937
Total area
1,286 SF
Lot
0.36 ac (15,736 SF)
Zoning code
CGO
APN
17-1919877
UPID
US40-2278938
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$500k
Owner & transaction history
Jerome A Young · 21 yrs held
Jerome A Young
since 2004
7 recorded transactions
Zoning & alternative use
CGO · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$535,000
+25.0%
Auto repair, garage
$535,000
+24.2%
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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
COMMERCIAL (GENERAL)
$430,000
Current use
RETAIL STORES
$535,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$535,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$390,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$389 / 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
$3,425
Tax year 2023
Assessed value
$308,033
Assessed 2023
Previous assessed
$290,367
+6.1% YoY
Effective rate
1.11%
On assessed value
Land market value
$77,100
Improvement market value
$248,600
Total market value
$325,700
Applied tax rate
17.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1937
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
2
Total area
1,286 SF
Lot
0.36 ac (15,736 SF)
Zoning code
CGO
APN
17-1919877
UPID
US40-2278938
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Hyattsville, MD
Zoning CGO · permitted uses
CGO · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$430,000
RETAIL STORES
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$535,000
MEDICAL BUILDING
Est. value
$390,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1937
Heating
FORCED AIR
Stories
2
Units
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Jerome A Young
Individual
Mailing address
3006 29TH AVE, HYATTSVILLE, MD 20782-3625
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Jerome A Young
—
Deed
related
$155,820 · Rocket Mortgage LLC
Dec 8, 2004
$275,000
Jerome A Young
Burke,alan B & Sonya A
Grant Deed
$247,500 · Suntrust Mortgage INC
Feb 12, 1999
$42,500
Alan B Burke
Hud
Grant Deed
$87,331 · North American Mortgage
Feb 12, 1999
$85,000
Alan B Burke
Secretary Of H U
Grant Deed
—
Oct 27, 1997
$105,039
Secretary Of H U D Union Center
Nicholas,marie A
Grant Deed
—
—
—
Jerome A Young
—
Deed Of Trust
related
$239,000 · Hsbc Mortgage Corp (usa)
—
—
Alan B Burke
—
Deed Of Trust
related
$50,000 · Wachovia Bank NA
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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