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Property profile & analytics
FOR SALE
Retail space
3301 Rhode Island Ave Mount Rainier, MD 20712
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1879498
For Sale
1 / 3
$680,000
3301 Rhode Island Ave, Mount Rainier, MD 20712
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
1,254 SF
Lot
0.03 ac (1,446 SF)
Zoning code
LMUTC
APN
17-5566746
UPID
US40-1879498
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
-
Mon Cheri Gallerie Art Gallery
-
Ny and Company Salon Hair Salon
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
3301 RHODE ISLAND AVE LLC
3301 RHODE ISLAND AVE LLC
Zoning & alternative use
LMUTC · Mount Rainier, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Legacy Mixed Use Town Center (LMUTC) Zone is to recognize Mixed Use Town Center (MUTC) Zones established prior to April 1, 2022
Zone name
Legacy Mixed Use Town Center
General category
MIXED_USE
Zone area
11.83 ac
Source
Realmo
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 Mount Rainier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Rainier 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,114
Tax year 2023
Assessed value
$289,933
Assessed 2023
Previous assessed
$256,967
+12.8% YoY
Effective rate
1.76%
On assessed value
Land market value
$72,300
Improvement market value
$250,600
Total market value
$322,900
Applied tax rate
91.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1930
Heating
FORCED AIR
Stories
1
Units
1
Total area
1,254 SF
Lot
0.03 ac (1,446 SF)
Zoning code
LMUTC
APN
17-5566746
UPID
US40-1879498
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LMUTC · Mount Rainier, MDZoning LMUTC · permitted uses
LMUTC · Mount Rainier, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Legacy Mixed Use Town Center (LMUTC) Zone is to recognize Mixed Use Town Center (MUTC) Zones established prior to April 1, 2022
Zone name
Legacy Mixed Use Town Center
General category
MIXED_USE
Zone area
11.83 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1930
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
3301 RHODE ISLAND AVE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3401 8TH ST NE, WASHINGTON, DC 20017-1747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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