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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Distribution centers
4110 Forestville Rd, District Heights, MD 20747-4719
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-2289145
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1993
Construction
BRICK
Total area
6,000 SF
Lot
1.56 ac (67,954 SF)
Zoning code
IE
APN
06-0574954
UPID
US40-2289145
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
$1.78M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.41M
Owner & transaction history
4110 Forestville Rd LLC · 1 yrs held
4110 Forestville Rd LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
IE · District Heights, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.0M
+137.0%
Restaurant
$3.7M
+121.9%
Retail stores
$2.5M
+49.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,925,000
6.5%
$1,775,000
7%
$1,650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,675,000
Current use
INDUSTRIAL (GENERAL)
$3,970,000
Change: +137% · Conversion: Easy
RESTAURANT
$3,720,000
Change: +122% · Conversion: Difficult
RETAIL STORES
$2,505,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,485,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,975,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±10% · vs last sale $2.60M (May 26 2024)
Last sale anchor
$2.60M
May 26 2024
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
$402 / 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
$16,999
Tax year 2023
Assessed value
$1,528,700
Assessed 2023
Previous assessed
$1,427,433
+7.1% YoY
Effective rate
1.11%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,288,700
Land market value
$240,000
Improvement market value
$1,288,700
Total market value
$1,528,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1993
Construction
BRICK
Heating
SPACE
Buildings
2
Stories
1
Units
2
Total area
6,000 SF
Lot
1.56 ac (67,954 SF)
Zoning code
IE
APN
06-0574954
UPID
US40-2289145
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
RESTAURANT
Est. value
$3.7M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (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
1993
Construction
BRICK
Heating
SPACE
Stories
1
Buildings
2
Units
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
4110 Forestville Rd LLC
Entity
Mailing address
2310 GOLF CLB DR, DUNKIRK, MD 20754-2821
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
$2,600,000
4110 Forestville Rd LLC
Approved Rentals LLC
Deed
$1,000,000 · City National Bank
Nov 6, 2019
$1,600,000
Approved Rentals LLC
Museum Properties LLC
Deed
$1,360,000 · Branch Banking And Trust Co
Apr 11, 2019
—
Museum Properties LLC
—
Deed
related
$1,062,500 · Sandy Spring Bk
Mar 1, 2017
—
Museum Properties LLC
—
Deed
related
$150,000 · Harbor Bk/md
May 18, 2000
—
4110 Forestville Road LLC
Green,dana L
Grant Deed
related
—
—
—
Museum Properties LLC
—
Deed Of Trust
related
$1,062,500 · Sandy Spring Bk
—
—
Museum Properties LLC
—
Deed Of Trust
related
$50,000 · Bank Of America
—
—
Museum Properties LLC
—
Deed Of Trust
related
$200,000 · Bank Of America
—
—
Museum Properties LLC
—
Deed Of Trust
related
$350,000 · Prince Georges Financial Svcs
—
—
Museum Properties LLC
—
Deed Of Trust
related
$490,000 · Bank Of America
—
—
Museum Properties LLC
—
Deed Of Trust
related
$975,000 · Harbor Bk/md
—
—
Museum Properties LLC
—
Deed Of Trust
related
$150,000 · Harbor Bk/md
—
—
Museum Properties LLC
—
Deed Of Trust
related
$612,500 · Bank Of America
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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