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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Automotive properties
3211 Automobile Blvd Silver Spring, MD 20904-4909
Entity Owned
15-yr Hold
Free & Clear
Property ID
US40-0444898
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1984
Construction
BRICK
Total area
13,835 SF
Lot
3.73 ac (162,479 SF)
Zoning code
GR1.5
APN
05-02323472
UPID
US40-0444898
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
BMW of Silver Spring Car Dealership Auto Repair Shop
-
MICAELA FOOD TRUCK Restaurant
-
Tischer Autopark Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.95M
Owner & transaction history
Auto Properties Tischer LLC · 15 yrs held
Auto Properties Tischer LLC
since 2010
7 recorded transactions
Zoning & alternative use
GR1.5 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.8M
+145.1%
Office building
$3.8M
+95.5%
Apartment house (5+ units)
$3.8M
+94.6%
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 Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring 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
AUTO REPAIR, GARAGE
$1,940,000
Current use
COMMERCIAL (GENERAL)
$4,750,000
Change: +145% · Conversion: Moderate
OFFICE BUILDING
$3,790,000
Change: +95% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,770,000
Change: +95% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,390,000
Change: +75% · Conversion: Easy
RETAIL STORES
$2,985,000
Change: +54% · Conversion: Difficult
RESTAURANT
$2,640,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±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
$213 / 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
$101,389
Tax year 2022
Assessed value
$8,512,667
Assessed 2023
Previous assessed
$8,299,500
+2.6% YoY
Effective rate
1.19%
On assessed value
Land market value
$2,924,600
Improvement market value
$6,014,400
Total market value
$8,939,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
13,835 SF
Lot
3.73 ac (162,479 SF)
Zoning code
GR1.5
APN
05-02323472
UPID
US40-0444898
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
GR1.5 · Silver Spring, MDZoning GR1.5 · permitted uses
GR1.5 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$4.8M
OFFICE BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
RETAIL STORES
Est. value
$3.0M
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
1984
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.73 ac
Current owner
From public records · entity-resolved
Auto Properties Tischer LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1 OLYMPIC PL STE #1000, TOWSON, MD 21204-4109
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Auto Properties Tischer LLC
—
Deed
related
$12,350,000 · Manufacturers & Traders Trust Co
Oct 29, 2019
—
Auto Properties Tischer LLC
—
Loan Modification
related
$43,480,000 · M&t Bk
Apr 16, 2019
—
Auto Properties Tischer LLC
—
Loan Modification
related
$13,015,000 · M&t Bk
Nov 28, 2018
—
Auto Properties Tischer LLC
—
Deed
related
$43,480,000 · M & T Bank
Jan 23, 2017
—
Auto Properties Tischer LLC
—
Loan Modification
related
$15,300,000 · Wells Fargo Bk
Oct 13, 2010
$5,450,000
Auto Properties Tischer LLC
Tischer Land II LLC
Grant Deed
related
—
Nov 1, 2006
—
Tischer Land II LLC
Tischer Land LP II
Quit Claim Deed
related
—
—
—
Auto Properties Tischer LLC
—
Deed Of Trust
related
$7,050,000 · Wfb 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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