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Property profile & analytics
OFF-MARKET
Estimated value
$26,565,000
Super regional malls
3745 Br Ave Temple Hills, MD 20748-1410
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0783225
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1967
Construction
BRICK
Total area
53,842 SF
Lot
8.6 ac (374,732 SF)
Zoning code
CGO
APN
06-0533091
UPID
US40-0783225
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Pro Cakes Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.57M
Owner & transaction history
Iverson Pak Development LLC · 3 yrs held
Iverson Pak Development LLC
since 2023
Last sale
$27.0M
3 recorded transactions
Zoning & alternative use
CGO · Temple Hills, 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 Temple Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Hills 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
$33,555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,265,000
6.5%
$18,705,000
7%
$17,370,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$41,920,000
Current use
INDUSTRIAL (GENERAL)
$35,630,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$26.57M
Range $23.91M – $29.22M · ±10% · vs last sale $27.00M (Feb 2 2023)
Last sale anchor
$27.00M
Feb 2 2023
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
$493 / 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
$228,631
Tax year 2023
Assessed value
$20,560,300
Assessed 2023
Previous assessed
$17,589,800
+16.9% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,810,400
Assessed improvement
$17,749,900
Land market value
$2,810,400
Improvement market value
$17,749,900
Total market value
$20,560,300
Applied tax rate
6.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1967
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
6
Total area
53,842 SF
Lot
8.6 ac (374,732 SF)
Zoning code
CGO
APN
06-0533091
UPID
US40-0783225
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Temple Hills, MDZoning CGO · permitted uses
CGO · Temple Hills, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$41.9M
INDUSTRIAL (GENERAL)
Est. value
$35.6M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (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
1967
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
8.6 ac
Current owner
From public records · entity-resolved
Iverson Pak Development LLC
Entity
Mailing address
3737 BR AVE, TEMPLE HILLS, MD 20748-1405
Ownership since
2023
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
Feb 2, 2023
$20,000,000
Iverson Pak Development LLC
Awe Ar Iverson Mall LLC
Trustees Deed
related
$14,000,000 · Mainstreet Bank
Jul 25, 2017
—
Awe-ar Iverson Mall LLC
—
Grant Deed
related
$4,000,000 · Miscellaneous Govt Agcy
Jul 16, 2014
$27,000,000
Awe-ar Iverson Mall LLC
Iverson Mall LP
Trustees Deed
$22,500,000 · Burke & Herbert Bk&tr
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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