Entity Owned Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
71,773 SF
Lot
4.84 ac (210,830 SF)
Zoning code
IST
APN
02-161125
UPID
US40-0859393
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.79M
Comparable Approach
Comparable
$7.31M
Blend (final)
Blend
$7.55M
Owner & transaction history
since 2013
2 recorded transactions
Zoning & alternative use
IST · Frederick, MD
Zoning description
IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, s…
General category
CIVIC_INSTITUTIONAL
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$7.55M
Value range
$6.80M – $8.31M
±10% around blend
Estimated value / SF
$105 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$6.80M
blend $7.55M
$8.31M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
71,773 SF
Lot area
4.84 ac
Year built
1963
Stories
1
APN
02-161125
Zoning
IST
Assessed value
$726,500
Annual tax
$13,060
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.79M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.44M
@ 6.5% CAP return
$7.79M
@ 7% CAP return
$7.23M
4
Sales comparison
Partial preview
Sales approach indication
$7.31M
Range $7.31M – $18.68M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$7.55M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 133 sales
$261
-60%
County 234 sales
$220
-52%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $105/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
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
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$726k
Move the market yield to see immediate price impact.
Value / SF
$10
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
5.00%7.00%9.00%
$46k
$915k
$654k
$509k
$51k
$1.02M
$726k
$565k
$56k
$1.12M
$799k
$622k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,060
Tax year 2023
Assessed value
$726,500
Assessed 2023
Previous assessed
$1,432,100
-49.3% YoY
Effective rate
1.80%
On assessed value
Assessed land
$726,500
Land market value
$726,500
Total market value
$726,500
Applied tax rate
4.0000
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Stories
1
Total area
71,773 SF
Lot
4.84 ac (210,830 SF)
Zoning code
IST
APN
02-161125
UPID
US40-0859393
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IST · Frederick, MDZoning IST · permitted uses
IST · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, s…
General category
CIVIC_INSTITUTIONAL
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Stories
1
Lot
4.84 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
IST
CIVIC_INSTITUTIONAL
Jurisdiction
Frederick, MD
Recorded code
IST
Official district
IST
Official district profile
What the municipal code says about IST
Zoning description
IST (Institutional) The purpose of this floating district is to provide for public, private or non - profit owned areas when the public is invited or permitted to congregate. This includes hospitals, houses of worship, s…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IST in Frederick, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified 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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 39 Thomas Johnson Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
