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Property profile & analytics
OFF-MARKET
Estimated value
$58,820,000
Apartment buildings
3411 Gateshead Mnr Way Silver Spring, MD 20904-6102
Entity Owned
6-yr Hold
Property ID
US40-1224663
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1987
Construction
FRAME
Total area
222,345 SF
Lot
14.21 ac (618,987 SF)
Zoning code
R30
APN
05-02479380
UPID
US40-1224663
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
-
Valor Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$62.36M
Blend (final)
Blend
$58.82M
Owner & transaction history
Valor Owner LLC · 6 yrs held
Valor Owner LLC
since 2019
4 recorded transactions
Zoning & alternative use
R30 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$86.2M
+26.1%
Office building
$73.5M
+7.4%
Warehouse, storage
$69.6M
+1.8%
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 Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring 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
APARTMENT HOUSE (5+ UNITS)
$68,365,000
Current use
COMMERCIAL (GENERAL)
$86,210,000
Change: +26% · Conversion: Moderate
OFFICE BUILDING
$73,450,000
Change: +7% · Conversion: Moderate
WAREHOUSE, STORAGE
$69,590,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$58.82M
Range $52.94M – $64.70M · ±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
$265 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$554,419
Tax year 2022
Assessed value
$49,331,200
Assessed 2023
Previous assessed
$49,331,200
+0.0% YoY
Effective rate
1.12%
On assessed value
Land market value
$7,799,200
Improvement market value
$45,046,800
Total market value
$52,846,000
Applied tax rate
42.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
261
Total area
222,345 SF
Lot
14.21 ac (618,987 SF)
Zoning code
R30
APN
05-02479380
UPID
US40-1224663
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R30 · Silver Spring, MDZoning R30 · permitted uses
R30 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$68.4M
COMMERCIAL (GENERAL)
Est. value
$86.2M
OFFICE BUILDING
Est. value
$73.5M
WAREHOUSE, STORAGE
Est. value
$69.6M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
261
Lot
14.21 ac
Current owner
From public records · entity-resolved
Valor Owner LLC
Entity
Mailing address
1925 OLD VLY RD, STEVENSON, MD 21153-0670
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2019
$49,750,000
Valor Owner LLC
Azure Aston Woods LP
Special Warranty Deed
$40,994,000 · Capital One Bank NA
Apr 2, 2013
$40,750,000
Azure Aston Woods LP
Waterton Aston Woods LLC
Grant Deed
$32,800,000 · Beech Street Capital LLC
May 15, 2001
—
Lincoln Aston Woods LP
—
Deed Of Trust
related
$13,000,000 · Housing Opportunities Commissi
—
—
Lincoln Aston Woods LP
—
Deed Of Trust
related
$2,400,000 · Reilly Mortgage Capital Corp
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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