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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Industrial properties
3930 Penn Belt Pl, District Heights, MD 20747
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1404272
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
13,320 SF
Lot
1.14 ac (49,658 SF)
Zoning code
IE
APN
06-0586321
UPID
US40-1404272
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
$3.35M
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$3.10M
Owner & transaction history
4020 Penn Belt Place LLC · 5 yrs held
4020 Penn Belt Place LLC
since 2020
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
IE · District Heights, 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 District Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs District Heights 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
$2,940,000
ML approach
$3,345,000
CAP Approach
CAP Return
Estimation
6%
$3,520,000
6.5%
$3,250,000
7%
$3,015,000
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10% · vs last sale $2.89M (Dec 28 2020)
Last sale anchor
$2.89M
Dec 28 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
$233 / 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
$5,542
Tax year 2023
Assessed value
$498,400
Assessed 2023
Previous assessed
$498,400
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$273,100
Assessed improvement
$225,300
Land market value
$273,100
Improvement market value
$225,300
Total market value
$498,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
13,320 SF
Lot
1.14 ac (49,658 SF)
Zoning code
IE
APN
06-0586321
UPID
US40-1404272
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · District Heights, MD
Zoning IE · permitted uses
IE · District Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
District Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.14 ac
Current owner
From public records · entity-resolved
4020 Penn Belt Place LLC
Entity
Mailing address
1301 RITCHIE RD, CAPITOL HEIGHTS, MD 20743-4914
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2022
—
4020 Penn Belt Place LLC
—
Deed
related
$1,388,800 · United States Small Business Admin
Dec 28, 2020
$2,885,000
4020 Penn Belt Place LLC
Beltway Movers Associates INC
Deed
$1,736,000 · M & T Bank
Dec 28, 2020
—
Artspace Mount Rainier LP
—
Deed
related
$213,469 · Community Dev Commission
Jan 22, 2020
—
Beltway Movers Associates INC
—
Deed
related
$150,000 · Douglas E Shelton
—
—
Beltway Movers Associates INC
—
Deed Of Trust
related
$150,000 · Douglas E Shelton
—
—
Artspace Mount Rainier LP
—
Deed Of Trust
related
$213,469 · Community Dev Commission
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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