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Property profile & analytics
OFF-MARKET
Estimated value
$3,970,000
Office buildings
414 Hungerford Dr Rockville, MD 20850-4125
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2162349
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
BRICK
Total area
36,504 SF
Lot
2.44 ac (106,460 SF)
Zoning code
MXCD
APN
04-00145142
UPID
US40-2162349
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
-
Eday Acupuncture Alternative Medicine Practice Acupuncture
-
Oldest Towns Awning Solutions Building Supply Hardware & Home Improvement
-
Afbrima Home Care Home Health Care Service
-
Lee & Lee Consulting, LLC Consultant
-
Lawyer Joseph P. Lamari Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.33M
Blend (final)
Blend
$3.97M
Owner & transaction history
Manufacturers And Traders Trust Com · 2 yrs held
Manufacturers And Traders Trust Com
since 2024
4 recorded transactions
Zoning & alternative use
MXCD · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.97M
Range $3.57M – $4.37M · ±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
$109 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$66,970
Tax year 2022
Assessed value
$4,412,200
Assessed 2023
Previous assessed
$4,412,200
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$3,702,600
Assessed improvement
$709,600
Land market value
$3,702,600
Improvement market value
$709,600
Total market value
$4,412,200
Applied tax rate
12.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
4
Units
2
Total area
36,504 SF
Lot
2.44 ac (106,460 SF)
Zoning code
MXCD
APN
04-00145142
UPID
US40-2162349
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXCD · Rockville, MD
Zoning MXCD · permitted uses
MXCD · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
4
Buildings
2
Units
2
Lot
2.44 ac
Current owner
From public records · entity-resolved
Manufacturers And Traders Trust Com
Trust
Mailing address
5602 BALTIMORE NATIONAL PIKE STE #400, BALTIMORE, MD 21228-1405
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Manufacturers And Traders Trust Com
Rockville Plaza LLC
Assignment Of Lease (leasehold Sale)
—
Oct 29, 2018
$8,050,000
Rockville Plaza LLC
Jbg Of Hungerford LLC
Grant Deed
$7,075,000 · Manufacturers & Traders Tr
Mar 21, 2008
$17,500,000
Jbg Of Hungerford LLC
Davers & Associates
Grant Deed
—
—
—
Jbg Of Hungerford LLC
—
Deed Of Trust
related
$11,250,000 · Manufacturers Traders & Trust
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.
Try Rey
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