New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Distribution centers
4605 Madison St, Riverdale, MD 20737-2025
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US40-0347925
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1962
Construction
BRICK
Total area
9,909 SF
Lot
0.45 ac (19,409 SF)
Zoning code
NAC
APN
19-2144012
UPID
US40-0347925
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Rafael Alvarenga · 24 yrs held
Rafael Alvarenga
since 2002
4 recorded transactions
Zoning & alternative use
NAC · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$107 / 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
$9,954
Tax year 2023
Assessed value
$602,933
Assessed 2023
Previous assessed
$597,767
+0.9% YoY
Effective rate
1.65%
On assessed value
Land market value
$194,000
Improvement market value
$414,100
Total market value
$608,100
Applied tax rate
93.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1962
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
9,909 SF
Lot
0.45 ac (19,409 SF)
Zoning code
NAC
APN
19-2144012
UPID
US40-0347925
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NAC · Riverdale, MD
Zoning NAC · permitted uses
NAC · Riverdale, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Rafael Alvarenga
Individual
Mailing address
4605 MADISON ST, RIVERDALE, MD 20737-2025
Ownership since
2002
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
Sep 5, 2017
—
Rafael Alvarenga
—
Deed
related
$172,569 · Berkley Smallwood
May 3, 2002
$325,000
Rafael Alvarenga
Smallwood,berkley
Grant Deed
$292,500 · Berkley Smallwood
—
—
Rafael Alvarenga
—
Deed Of Trust
related
$240,540 · Berkley Smallwood
—
—
Rafael Alvarenga
—
Loan Modification
related
$172,569 · Berkley Smallwood
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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