Entity Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1959
Construction
BRICK
Total area
53,069 SF
Lot
0.97 ac (42,222 SF)
Zoning code
IH
APN
02-0128611
UPID
US40-2218167
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.83M
CAP Approach
CAP
$15.72M
Comparable Approach
Comparable
$16.59M
Blend (final)
Blend
$13.93M
Owner & transaction history
since 2022
Last sale
$11.9M
6 recorded transactions
Zoning & alternative use
IH · Bladensburg, MD
Zoning description
The purposes of the Industrial, Heavy (IH) Zone are to provide lands for intense industrial development that generally requires large sites, as well as industrial uses that are important for the County economic growth bu…
General category
INDUSTRIAL
Top alternative use upside
Commercial (general)
$17.5M
+18.0%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$13.93M
Value range
$12.53M – $15.32M
±10% around blend
Estimated value / SF
$262 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$12.53M
blend $13.93M
$15.32M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
53,069 SF
Lot area
0.97 ac
Year built
1959
Stories
1
APN
02-0128611
Zoning
IH
Assessed value
$5,382,200
Annual tax
$92,305
3
Income approach: direct capitalization
Partial preview
Income approach indication
$15.72M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$17.03M
@ 6.5% CAP return
$15.72M
@ 7% CAP return
$14.60M
4
Sales comparison
Partial preview
Sales approach indication
$883k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.8 mi away · 39,000 SF
11.4 mi away · 37,830 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$13.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 220 sales
$279
-6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $262/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+18%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
7.30%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.30%
9.0%
NOI (est.)
$830k *
Last sale · Jan 2022
$11.85M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.36M
Move the market yield to see immediate price impact.
Value / SF
$214
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
6.80%7.30%7.80%
$747k
$10.98M
$10.23M
$9.57M
$830k
$12.20M
$11.36M
$10.63M
$912k
$13.42M
$12.50M
$11.70M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$300k
0.4 mi · Feb 2026 · $5/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,305
Tax year 2023
Assessed value
$5,382,200
Assessed 2023
Previous assessed
$5,285,033
+1.8% YoY
Effective rate
1.72%
On assessed value
Assessed land
$295,500
Assessed improvement
$5,086,700
Land market value
$295,500
Improvement market value
$5,086,700
Total market value
$5,382,200
Applied tax rate
76.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1959
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
53,069 SF
Lot
0.97 ac (42,222 SF)
Zoning code
IH
APN
02-0128611
UPID
US40-2218167
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IH · Bladensburg, MDZoning IH · permitted uses
IH · Bladensburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purposes of the Industrial, Heavy (IH) Zone are to provide lands for intense industrial development that generally requires large sites, as well as industrial uses that are important for the County economic growth bu…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.97 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
IH
INDUSTRIAL
Jurisdiction
Bladensburg, MD
Recorded code
IH
Official district
IH
Official district profile
What the municipal code says about IH
Zoning description
The purposes of the Industrial, Heavy (IH) Zone are to provide lands for intense industrial development that generally requires large sites, as well as industrial uses that are important for the County economic growth bu…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IH in Bladensburg, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
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.
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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.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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