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Property profile & analytics
FOR LEASE
Office buildings
3311 Toledo Rd Hyattsville, MD 20782
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0894209
For Lease
1 / 2
$47,505,000
3311 Toledo Rd, Hyattsville, MD 20782
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
BRICK
Total area
188,019 SF
Lot
1.01 ac (43,996 SF)
Zoning code
RTOHC
APN
17-3378080
UPID
US40-0894209
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
-
National Center for Health Statistics Federal Government Office Government Office
-
Lacher David MD Physician
-
Ocuin Jay MD Physician
-
Nurses On Call Employment Agency
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$47.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$47.51M
Owner & transaction history
Avv Realty Holdings LLC · 1 yrs held
Avv Realty Holdings LLC
since 2025
Last sale
$45.0M
7 recorded transactions
Zoning & alternative use
RTOHC · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$78.4M
+131.3%
Auto repair, garage
$77.9M
+129.9%
Commercial (general)
$62.8M
+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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
$52,880,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$51,065,000
6.5%
$47,135,000
7%
$43,770,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$33,905,000
Current use
RETAIL STORES
$78,420,000
Change: +131% · Conversion: Moderate
AUTO REPAIR, GARAGE
$77,940,000
Change: +130% · Conversion: Difficult
COMMERCIAL (GENERAL)
$62,755,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$47.51M
Range $42.75M – $52.26M · ±10% · vs last sale $45.00M (Jun 17 2022)
Last sale anchor
$45.00M
Jun 17 2022
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
$253 / 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
$315,147
Tax year 2023
Assessed value
$19,783,233
Assessed 2023
Previous assessed
$18,327,267
+7.9% YoY
Effective rate
1.59%
On assessed value
Land market value
$659,900
Improvement market value
$20,579,300
Total market value
$21,239,200
Applied tax rate
88.0000
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
2003
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
7
Units
1
Total area
188,019 SF
Lot
1.01 ac (43,996 SF)
Zoning code
RTOHC
APN
17-3378080
UPID
US40-0894209
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RTOHC · Hyattsville, MD
Zoning RTOHC · permitted uses
RTOHC · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$33.9M
RETAIL STORES
Est. value
$78.4M
AUTO REPAIR, GARAGE
Est. value
$77.9M
COMMERCIAL (GENERAL)
Est. value
$62.8M
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
2003
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
7
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Avv Realty Holdings LLC
Entity
Mailing address
1650 TYSONS BLVD STE #1500, MCLEAN, VA 22102-4845
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2025
$250,000
Avv Realty Holdings LLC
Gmsi LLC
Deed
—
Oct 15, 2024
—
Gmsi LLC
Morales Kerlin
Deed
—
May 7, 2024
—
Morales Sisters Trust
Gmsi LLC
Deed
—
Feb 2, 2024
—
Robert Wayne Rhodes SR.
Robert Rhodes
Deed
related
—
Apr 26, 2023
$265,000
Avv Realty Holdings LLC
Massabni Properties LLC
Deed
—
Dec 19, 2022
—
Premier Mortgage Solutions INC
—
Deed
related
$95,000 · Bric LLC
Jun 17, 2022
$45,000,000
Ngp Vii Hyattsville Md LLC
Gip Hyattsville
Special Warranty Deed
$31,680,000 · Pnc Bank NA
Feb 8, 2022
—
Avv Realty Holdings LLC
Vivek C Vaid
Deed
—
Dec 8, 2021
—
Cynthia Dickson
Cynthia Ahmed
Deed
related
—
Sep 28, 2021
—
Gip Hyattsville LLC
—
Deed
related
$28,000,000 · First National Bank Of Pennsylvania
Sep 2, 2020
$150,000
Avv Realty Holdings LLC
Akintoye Adelakun
Grant Deed
—
Jan 10, 2020
—
Image Consulting Group
—
Deed
related
$87,441 · Toledo Associates
Feb 13, 2019
$16,050,000
Gip Hyattsville LLC
Hyattsville Office 2015 LLC
Special Warranty Deed
$13,900,000 · East West Bank
Jan 18, 2018
$415,000
Felicia C Ajayi
Lay,ross
Grant Deed
—
Jul 26, 2017
$315,000
Ip Solo Cristo Salva INC
Iglesia Pentecostes Sinai INC
Grant Deed
$252,000 · Sandy Spring Bk
Jun 29, 2017
$585,000
Mision E P De Jehova
Iglesia Pentecostes Sinai LLC
Grant Deed
$468,000 · Sandy Spring Bk
Feb 28, 2017
$216,000
Ross Lay
Advisory Group Manager Small
Grant Deed
—
Feb 22, 2017
—
Harding Living Trust
Harding,george P & Ramona L
Quitclaim Deed
related
—
Dec 8, 2016
—
Harding Living Trust
Harding,george P & Ramona L
Quitclaim Deed
related
—
Dec 17, 2015
$7,376,250
Hyattsville Office 2015 LLC
Jpmcc 2003-c1 Toledo Office Ll
Grant Deed
$23,128,872 · * Other Institutional Lenders
Jul 8, 2014
$4,875,000
Jpmcc 2003-c1 Toledo Office
Duvall Gabrielle M
Trustees Deed
related
—
Nov 28, 2001
$400,000
Pgmc IV LLC
Prince George Center I INC
Grant Deed
$29,700,000 · Suntrust Bank 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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