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Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Office buildings
3408 52nd Ave Hyattsville, MD 20781-1002
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0628517
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
BRICK
Total area
9,000 SF
Lot
0.48 ac (21,071 SF)
Zoning code
IE
APN
02-0136937
UPID
US40-0628517
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
by Request
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$2.36M
Owner & transaction history
Tikal Food Service INC · 20 yrs held
Tikal Food Service INC
since 2006
1 recorded transaction
Zoning & alternative use
IE · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from the high traffic generating commercial zones and residential communities, to provide lands to serve light industrial uses while prohibiting m…
Zone name
Industrial Employment Zone
General category
INDUSTRIAL
Zone area
0.35 ac
Source
Realmo
Top alternative use upside
Retail stores
$3.8M
+131.3%
Auto repair, garage
$3.7M
+129.9%
Commercial (general)
$3.0M
+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
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
OFFICE BUILDING
$1,625,000
Current use
RETAIL STORES
$3,755,000
Change: +131% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,730,000
Change: +130% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,005,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$2.36M
Range $2.12M – $2.59M · ±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
$262 / 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
$26,665
Tax year 2023
Assessed value
$2,486,700
Assessed 2024
Previous assessed
$2,397,900
+3.7% YoY
Effective rate
1.07%
On assessed value
Land market value
$210,700
Improvement market value
$2,453,600
Total market value
$2,664,300
Applied tax rate
2.0000
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
Off-Market
Year built
1963
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
2
Total area
9,000 SF
Lot
0.48 ac (21,071 SF)
Zoning code
IE
APN
02-0136937
UPID
US40-0628517
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Hyattsville, MDZoning IE · permitted uses
IE · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from the high traffic generating commercial zones and residential communities, to provide lands to serve light industrial uses while prohibiting more intensive forms of industrial development.
Zone name
Industrial Employment Zone
General category
INDUSTRIAL
Zone area
0.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.0M
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
1963
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
2
Units
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Tikal Food Service INC
Entity
Mailing address
3501 14TH ST NW, WASHINGTON, DC 20010-1305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2006
$1,650,000
Tikal Food Service INC
Kmr Associates
Deed Of Trust
related
$1,280,000 · Branch Banking & Trust 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.
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