Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    32 Cres Rd Greenbelt, MD 20770-1820

    • Apartment buildings
    • 24 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $5,445,000
    Last Sale
    Nov 10, 2021
    $4,650,000
    Location Intelligence
    Property ID
    US40-1794477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Crescent Pointe Apartments / Apartment Complex / Apartment Building

    Property Details for 32 Cres Rd

    Year built
    1937
    Lot size
    0.51 lot acres
    Property size
    24 SF
    Zone code
    RMF20
    Property type
    Apartment buildings
    APN
    21-2404242
    APU
    212404242

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,360,000
      6.5%
      $4,325,000
      7%
      $4,265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,960,000
      Geo Method
      $4,875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,710,000
      Retail
      $4,085,000
      Mixed-Use
      $4,850,000
      Hospitality
      $4,800,000
      Educational
      $5,130,000
      Residential Income
      $4,725,000
      Energy
      $5,380,000
      Income-Based Land
      $4,420,000
      Food Service
      $4,290,000

    Location Insight

    • Map
    • Local Demand
    City
    Greenbelt
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8753
    Latitude
    39.0036
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,922
    $0.00
    $0.00
    $1,722,167
    -
    $492,000
    $1,380,600
    $1,872,600

    Comparable in this City

    • Value Estimation
      $5,240,000
      42 SF

      28 Cres Rd

      APARTMENT HOUSE (5+ UNITS) • 42 SF
      28 Cres Rd, Greenbelt, MD 20770-1818
      View Details
    • Value Estimation
      $5,375,000
      18 SF

      32 Cres Rd

      APARTMENT HOUSE (5+ UNITS) • 18 SF
      32 Cres Rd, Greenbelt, MD 20770-1820
      View Details
    • Value Estimation by Request
      60 SF

      15 Pkwy Parkway

      APARTMENT HOUSE (5+ UNITS) • 60 SF
      15 Pkwy Parkway, Greenbelt, MD 20770-1860
      View Details
    • Value Estimation by Request
      53 SF

      14 Pkwy Pkwy, Unit Z

      APARTMENT HOUSE (5+ UNITS) • 53 SF
      14 Pkwy Pkwy, Greenbelt, MD 20770-1873
      View Details
    • Value Estimation by Request
      24 SF

      Pkwy Rd

      APARTMENT HOUSE (5+ UNITS) • 24 SF
      Pkwy Rd, Greenbelt, MD 20770
      View Details
    • Value Estimation by Request
      277 SF

      402 Rdg Rd

      APARTMENT HOUSE (100+ UNITS) • 277 SF
      402 Rdg Rd, Greenbelt, MD 20770-1626
      View Details

    Similar Nearby for Sale

    • $320,000

      Residential Property in Greenbelt, MD

      Residential property for sale in Greenbelt, Maryland.
      12 Ridge Rd, Greenbelt, MD 20770
      View Details
    • $219,000

      Greenbelt Condo with Community Amenities

      Spacious 2-bedroom condo with pool and tennis courts access.
      6988 Hanover Pkwy, Greenbelt, MD 20770
      View Details
    • $319,900

      Greenbelt Multifamily Investment Opportunity

      Multifamily property for sale in Greenbelt, Maryland.
      8 Hillside Rd, Greenbelt, MD 20770
      View Details
    • $349,900

      Residential Income Property For Sale

      Residential income property available for purchase.
      33 Ridge Rd, Greenbelt, MD 20770
      View Details
    • $275,000

      Stylish Condo with Modern Amenities

      Two-bedroom condo with updated kitchen and community amenities.
      6522 Lake Park Dr, Greenbelt, MD 20770
      View Details
    • $235,000

      Residential Income Property For Sale

      Residential income property available for purchase.
      13 Ridge Rd, Greenbelt, MD 20770
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Greenbelt Road

      Retail space for lease with excellent visibility and access.
      7511 Greenbelt Rd, Greenbelt, MD 20770
      View Details
    • $24 SF/Yr
      146,644 SF

      Greenbelt Office Space for Lease

      Class A Office, Prime Greenbelt Location
      6411 Ivy Ln, Greenbelt, MD 20770
      View Details
    • $22 SF/Yr
      115,390 SF

      Greenbelt Office Space for Lease

      Class A Office, 115,390 SF Available
      6303 Ivy Ln, Greenbelt, MD 20770
      View Details
    • $20 SF/Yr
      2,333 SF

      Greenbelt Office Space For Lease

      80,450 SF office building near NASA and major routes.
      6401 Golden Triangle Dr, Greenbelt, MD 20770
      View Details
    • $21 SF/Yr
      600 SF

      Office Building with Signage Available

      39,545 SF office building in SBA HUBZone for rent.
      9111 Edmonston Rd, Greenbelt, MD 20770
      View Details
    • $2,350 /Mo

      Versatile Lower Level Space

      Lower level space suitable for retail, office, or storage.
      151 Centerway, Greenbelt, MD 20770
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    32 Cres Rd
    Greenbelt, MD 20770-1820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.