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Property profile & analytics
OFF-MARKET
Retail residential properties
330 Firehouse Ln Gaithersburg, MD 20878-5643
Trust Owned
13-yr Hold
~
Est. High Equity
Property ID
US40-1213778
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1999
Construction
FRAME
Total area
1,853 SF
Lot
0.02 ac (981 SF)
Zoning code
MXD
APN
09-02907115
UPID
US40-1213778
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
-
Michael Watkins Urban Design and Architecture Urban Planning Department Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Watkins,michael D Trust · 13 yrs held
Watkins,michael D Trust
since 2013
7 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, 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 Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,677
Tax year 2022
Assessed value
$497,300
Assessed 2023
Previous assessed
$497,300
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$210,000
Assessed improvement
$287,300
Land market value
$210,000
Improvement market value
$287,300
Total market value
$497,300
Applied tax rate
13.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
1
Bathrooms
2
Total area
1,853 SF
Lot
0.02 ac (981 SF)
Zoning code
MXD
APN
09-02907115
UPID
US40-1213778
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Bathrooms
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Watkins,michael D Trust
Trust
Mailing address
330 FIREHOUSE LN, GAITHERSBURG, MD 20878-5643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2020
—
Michael Dean Watkins
—
Deed
related
$307,000 · Congressional Bank
May 21, 2013
—
Watkins,michael D Trust
Watkins,michael
Quit Claim Deed
related
—
Aug 11, 1997
—
Michael D Watkins
—
Grant Deed
related
$187,500 · Chevy Chase Savings Bank
—
—
Michael Watkins
—
Deed Of Trust
related
$350,000 · George Mason Mortgage Corp
—
—
Michael Watkins
—
Deed Of Trust
related
$186,000 · B F Saul Mortgage Co
—
—
Michael Watkins
—
Deed Of Trust
related
$100,000 · Chevy Chase Savings Bank
—
—
Michael Watkins
—
Deed Of Trust
related
$333,700 · B F Saul Mortgage Co
—
—
Michael Watkins
—
Deed Of Trust
related
$337,700 · B F Saul Mortgage Co
—
—
Michael Watkins
—
Deed Of Trust
related
$308,200 · Capital One
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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