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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Retail residential properties
3701 Eastern Ave, Mount Rainier, MD 20712-2153
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-0990062
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1917
Construction
FRAME
Total area
864 SF
Lot
0.11 ac (4,785 SF)
Zoning code
LMUTC
APN
17-1899368
UPID
US40-0990062
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
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
3200 Rhode Island Ave LLC · 6 yrs held
3200 Rhode Island Ave LLC
since 2020
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
LMUTC · Mount Rainier, 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 Mount Rainier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Rainier 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
$1,530,000
ML approach
$1,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.50M (May 15 2020)
Last sale anchor
$1.50M
May 15 2020
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
$1,765 / 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
$2,235
Tax year 2023
Assessed value
$126,700
Assessed 2024
Previous assessed
$126,700
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$126,700
Land market value
$126,700
Total market value
$126,700
Applied tax rate
91.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1917
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
1
Total area
864 SF
Lot
0.11 ac (4,785 SF)
Zoning code
LMUTC
APN
17-1899368
UPID
US40-0990062
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LMUTC · Mount Rainier, MD
Zoning LMUTC · permitted uses
LMUTC · Mount Rainier, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Rainier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Construction
FRAME
Heating
FORCED AIR
Stories
1
Units
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
3200 Rhode Island Ave LLC
Entity
Mailing address
4519 FREDERICKSBURG TPKE #220, CORBIN, VA 22446-9997
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
$1,500,000
3200 Rhode Island Ave LLC
City Of Mount Rainier
Grant Deed
—
Jan 5, 2010
$180,000
City Of Mount Rainier Maryland
Dbt Dev Group LLC
Grant Deed
—
Apr 12, 2007
$277,808
Dbt Dev Group LLC
Reynolds,samuel C JR
Grant Deed
—
Oct 12, 2005
$200,000
Samuel C Reynolds JR.
Ruffin Shannon S & Nora I
Grant Deed
$224,000 · David A Shames
—
—
Dbt Capital LLC
—
Deed Of Trust
related
$178,500 · Presidential Bank Fsb
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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