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Property profile & analytics
FOR LEASE
Office buildings
46950 Bradley Blvd, Lexington Park, MD 20653
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1544368
For Lease
1 / 2
$18,500,000
46950 Bradley Blvd, Lexington Park, MD 20653
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,652 SF
Lot
5.51 ac (240,016 SF)
Zoning code
OBP
APN
08-110999
UPID
US40-1544368
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
$18.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.50M
Owner & transaction history
Bradley Lex Park LLC · 1 yrs held
Bradley Lex Park LLC
since 2024
Last sale
$18.5M
5 recorded transactions
Zoning & alternative use
OBP · Lexington Park, 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 Lexington Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington Park 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
$18,500,000
ML approach
$18,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.50M
Range $16.65M – $20.35M · ±10% · vs last sale $18.50M (Aug 14 2024)
Last sale anchor
$18.50M
Aug 14 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
$1,111 / 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
$40,527
Tax year 2023
Assessed value
$3,892,967
Assessed 2024
Previous assessed
$3,834,900
+1.5% YoY
Effective rate
1.04%
On assessed value
Land market value
$648,600
Improvement market value
$3,360,500
Total market value
$4,009,100
Applied tax rate
8.0000
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
For Lease
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
16,652 SF
Lot
5.51 ac (240,016 SF)
Zoning code
OBP
APN
08-110999
UPID
US40-1544368
Jurisdiction
ST MARY'S
Zoning & alternative use
OBP · Lexington Park, MD
Zoning OBP · permitted uses
OBP · Lexington Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
2
Lot
5.51 ac
Current owner
From public records · entity-resolved
Bradley Lex Park LLC
Entity
Mailing address
2 BETHESDA METRO CTR #500, BETHESDA, MD 20814-6319
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$18,500,000
Bradley Lex Park LLC
Willows Run LLP
Special Warranty Deed
$11,100,000 · Willows Run LLP
Aug 1, 2024
$75,000
Pembrooke Bradley LLC
Willows Run LLP
Deed
—
Nov 16, 2023
$75,000
Pembrooke Bradley LLC
Willows Run LLP
Deed
—
Aug 17, 2016
—
Willows Run LLP
Willows Run LLP
Quit Claim Deed
related
—
Dec 14, 2000
—
Gabrelcik Investments LLC
Gabrelcik,robert R
Quit Claim Deed
related
—
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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