Entity Owned Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2013
Total area
37,350 SF
Lot
0.67 ac (29,400 SF)
Zoning code
MXD
APN
09-03702432
UPID
US40-1680897
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.90M
CAP Approach
CAP
$7.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.13M
Owner & transaction history
since 2022
Last sale
$10.1M
1 recorded transaction
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
Top alternative use upside
Warehouse, storage
$11.7M
+63.0%
Office building
$10.9M
+52.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.13M
Value range
$8.22M – $10.04M
±10% around blend
Estimated value / SF
$244 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$8.22M
blend $9.13M
$10.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
37,350 SF
Lot area
0.67 ac
Year built
2013
APN
09-03702432
Zoning
MXD
Assessed value
$1,533,500
Annual tax
$19,762
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.76M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.41M
@ 6.5% CAP return
$7.76M
@ 7% CAP return
$7.21M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 26 sales
$192
+27%
Submarket 165 sales
$257
-5%
County 476 sales
$349
-30%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $244/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+63%
vs current-use indication
Office Building
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
5.70%
Implied, in-place cap rate for this commercial land
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.70%
9.0%
NOI (est.)
$707k *
Last sale · Jan 2022
$10.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$12.40M
Move the market yield to see immediate price impact.
Value / SF
$332
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.20%5.70%6.20%
$636k
$12.24M
$11.16M
$10.26M
$707k
$13.60M
$12.40M
$11.40M
$778k
$14.96M
$13.64M
$12.54M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$19,762
Tax year 2022
Assessed value
$1,533,500
Assessed 2023
Previous assessed
$1,533,500
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,533,500
Land market value
$1,533,500
Total market value
$1,533,500
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2013
Heating
YES
Total area
37,350 SF
Lot
0.67 ac (29,400 SF)
Zoning code
MXD
APN
09-03702432
UPID
US40-1680897
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MDZoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
YES
Lot
0.67 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MXD
MIXED_USE
Jurisdiction
Gaithersburg, MD
Recorded code
MXD
Official district
MXD
Official district profile
What the municipal code says about MXD
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MXD in Gaithersburg, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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