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Property profile & analytics
FOR LEASE
Office buildings
3300 Hubbard Rd Landover, MD 20785
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1483118
For Lease
$6,770,000
3300 Hubbard Rd, Landover, MD 20785
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
BRICK
Total area
26,415 SF
Lot
9.88 ac (430,373 SF)
Zoning code
IE
APN
13-1553254
UPID
US40-1483118
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
$6.62M
Comparable Approach
Comparable
$7.43M
Blend (final)
Blend
$6.77M
Owner & transaction history
Lit Industrial LP · 10 yrs held
Lit Industrial LP
since 2015
3 recorded transactions
Zoning & alternative use
IE · Landover, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.0M
+131.3%
Auto repair, garage
$11.0M
+129.9%
Commercial (general)
$8.8M
+85.1%
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 Landover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landover 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%
$7,175,000
6.5%
$6,620,000
7%
$6,150,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,765,000
Current use
RETAIL STORES
$11,015,000
Change: +131% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,950,000
Change: +130% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,815,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$6.77M
Range $6.09M – $7.45M · ±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
$256 / 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
$166,220
Tax year 2023
Assessed value
$12,443,500
Assessed 2023
Previous assessed
$12,400,367
+0.3% YoY
Effective rate
1.34%
On assessed value
Assessed land
$4,303,700
Assessed improvement
$8,139,800
Land market value
$4,303,700
Improvement market value
$8,139,800
Total market value
$12,443,500
Applied tax rate
87.0000
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
For Lease
Year built
1990
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
26,415 SF
Lot
9.88 ac (430,373 SF)
Zoning code
IE
APN
13-1553254
UPID
US40-1483118
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Landover, MD
Zoning IE · permitted uses
IE · Landover, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Landover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.8M
RETAIL STORES
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$11.0M
COMMERCIAL (GENERAL)
Est. value
$8.8M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1990
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
9.88 ac
Current owner
From public records · entity-resolved
Lit Industrial LP
Entity
Mailing address
1717 MCKINNEY AVE STE #1900, DALLAS, TX 75202-1253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2015
$34,200,000
Lit Industrial LP
Washington Property INC
Grant Deed
$14,200,000 · Miscellaneous Ins Co
Sep 27, 2004
$23,225,000
Washington Property INC
3100 Hr Corp
Grant Deed
—
—
—
Washington Property INC
—
Deed Of Trust
related
$14,200,000 · Prudential Insurance Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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