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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Auto shops
3491 Laurel Ft Meade Rd, Laurel, MD 20724-2044
Individually Owned
18-yr Hold
Free & Clear
Property ID
US40-0766048
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Construction
BRICK
Total area
3,654 SF
Lot
0.48 ac (20,821 SF)
Zoning code
C3
APN
04-000-01810220
UPID
US40-0766048
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
-
Quality Auto Repair & Tires 2 Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$700k
Owner & transaction history
3479 Laurel Fort Meade Road Ll · 18 yrs held
3479 Laurel Fort Meade Road Ll
since 2007
3 recorded transactions
Zoning & alternative use
C3 · Laurel, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$192 / 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
$5,148
Tax year 2023
Assessed value
$471,433
Assessed 2023
Previous assessed
$465,400
+1.3% YoY
Effective rate
1.09%
On assessed value
Land market value
$299,000
Improvement market value
$184,500
Total market value
$483,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1964
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
3,654 SF
Lot
0.48 ac (20,821 SF)
Zoning code
C3
APN
04-000-01810220
UPID
US40-0766048
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Laurel, MD
Zoning C3 · permitted uses
C3 · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
3479 Laurel Fort Meade Road Ll
Individual
Free & Clear · 18 yrs held
Mailing address
2305 FT WILLIAM DR, OLNEY, MD 20832-1665
Ownership since
2007
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
Dec 31, 2007
—
3479 Laurel Fort Meade Road Ll
Redman,oswald H
Grant Deed
—
Apr 21, 2004
$350,000
Oswald H Redman
Breitschwerdt,edward P & Sarah E
Grant Deed
$190,000 · Interbay Funding LLC
—
—
3479 Laurel Fort Meade Road Ll
—
Deed Of Trust
related
$650,000 · Sandy Spring Bank
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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