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Property profile & analytics
OFF-MARKET
Estimated value
$17,870,000
Manufacturing properties
4612 Navistar Dr, Frederick, MD 21703-7520
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-1210741
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
209,369 SF
Lot
13.48 ac (587,189 SF)
Zoning code
L1
APN
01-029711
UPID
US40-1210741
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
-
Moore, Production DC Metro Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.87M
Owner & transaction history
Icon Jupiter C1 Ne Mw Md Owner LLC · 1 yrs held
Icon Jupiter C1 Ne Mw Md Owner LLC
since 2025
7 recorded transactions
Zoning & alternative use
L1 · Frederick, 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 Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick 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
$85 / 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
$105,842
Tax year 2023
Assessed value
$7,910,967
Assessed 2023
Previous assessed
$7,374,233
+7.3% YoY
Effective rate
1.34%
On assessed value
Land market value
$2,642,200
Improvement market value
$5,805,500
Total market value
$8,447,700
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
209,369 SF
Lot
13.48 ac (587,189 SF)
Zoning code
L1
APN
01-029711
UPID
US40-1210741
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
L1 · Frederick, MD
Zoning L1 · permitted uses
L1 · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frederick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
13.48 ac
Current owner
From public records · entity-resolved
Icon Jupiter C1 Ne Mw Md Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Icon Jupiter C1 Ne Mw Md Owner LLC
Icon Newco Pool 2 Northeast Southwe
Special Warranty Deed
$100,000,000 · Goldman Sachs Bank USA
Oct 22, 2019
—
Icon Mars Prop Owner Pool 2 Northea
—
Deed
related
—
Sep 15, 2017
—
Icon Mars Prop Owner Pool 2 No
—
Deed
related
$385,000 · Miscellaneous Ins Co
Mar 18, 2015
—
Icon Mars Property Owner Pool
Bre Of Mars Property Owner LLC
Grant Deed
—
Jun 27, 2013
$15,533,300
Bre Mars Property Owner LLC
Fp Navistar Investor LLC
Special Warranty Deed
$205,000,000 · Jpmorgan Chase Bank NA
Jun 28, 2001
$16,995,000
Navistar Investors LLC
Brandywine Maryland Industrial
Grant Deed
$13,500,000 · Ubs Warburg Real Estate Inv
Jun 29, 1999
$16,501,642
Brandywine Maryland Industrial
Brandywine Operating Partnersh
Grant Deed
related
$9,938,938 · Prudential Insurance Co
Dec 29, 1998
$16,350,000
Brandywine Operating Ptshp
Bowpl Park LLC
Grant Deed
—
—
—
Icon Mars Prop Owner Pool 2 No
—
Deed Of Trust
related
$385,000 · Miscellaneous Ins Co
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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