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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Investment properties
3920 Germantown Rd, Edgewater, MD 21037-4511
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-2226981
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Total area
3,244 SF
Lot
2.56 ac (111,514 SF)
Zoning code
R2
APN
01-000-06753600
UPID
US40-2226981
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
by Request
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$834k
Blend (final)
Blend
$705k
Owner & transaction history
3920 LLC · 2 yrs held
3920 LLC
since 2024
7 recorded transactions
Zoning & alternative use
R2 · Edgewater, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+8.8%
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 Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater 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%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$995,000
Current use
WAREHOUSE, STORAGE
$1,080,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$217 / 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
$5,068
Tax year 2023
Assessed value
$880,800
Assessed 2023
Previous assessed
$880,800
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$710,200
Assessed improvement
$170,600
Land market value
$710,200
Improvement market value
$170,600
Total market value
$880,800
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
1
Bathrooms
3
Total area
3,244 SF
Lot
2.56 ac (111,514 SF)
Zoning code
R2
APN
01-000-06753600
UPID
US40-2226981
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
R2 · Edgewater, MD
Zoning R2 · permitted uses
R2 · Edgewater, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewater. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$995,000
WAREHOUSE, STORAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1940
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Bathrooms
3
Lot
2.56 ac
Current owner
From public records · entity-resolved
3920 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3932 GERMANTOWN RD, EDGEWATER, MD 21037-4540
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2024
—
3920 LLC
Brian A Conner
Deed
—
Aug 20, 2013
—
Brian A Conner
Conner,brian A & Sue A
Quit Claim Deed
related
$1,175,000 · Severn Savings Bank Fsb
Jun 10, 2009
—
Brian A Conner
Conner,brian A
Quit Claim Deed
related
—
Jul 1, 2005
$1,850,000
Brian A Conner
Sanders,michael E & Elaine C
Grant Deed
$1,200,000 · Sandy Spring Bank
Jan 13, 2005
—
Michael E Sanders
Sanders,john & Dorothy
Quit Claim Deed
—
Jul 27, 1999
—
Alfred T Meschter
Daufin M Corp
Grant Deed
related
—
—
—
John Sanders
—
Deed Of Trust
related
$425,000 · Chase Manhattan Mortgage Corp
—
—
John Sanders
—
Deed Of Trust
related
$427,500 · Realty Home Mortgage Co LLC
—
—
Michael E Sanders
—
Deed Of Trust
related
$840,000 · World Savings
—
—
Marina Property Management LLC
—
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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