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Property profile & analytics
OFF-MARKET
Estimated value
$34,915,000
Industrial properties
5001 Howerton Way, Bowie, MD 20715-4459
Entity Owned
7-yr Hold
Free & Clear
Property ID
US40-1295973
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2010
Total area
38,616 SF
Lot
7.58 ac (330,185 SF)
Zoning code
TACE
APN
07-4055356
UPID
US40-1295973
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
-
Electrical Training ALLIANCE (NJATC) Corporate Office
-
Construct Your Future Employment Agency Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.92M
Owner & transaction history
Mstc III A LLC · 7 yrs held
Mstc III A LLC
since 2019
4 recorded transactions
Zoning & alternative use
TACE · Bowie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$30.1M
+17.7%
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 Bowie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowie 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$25,555,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$30,065,000
Change: +18% · Conversion: Difficult
RESTAURANT
$23,930,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$34.92M
Range $31.42M – $38.41M · ±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
$904 / 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
$150,088
Tax year 2023
Assessed value
$10,987,433
Assessed 2023
Previous assessed
$11,280,500
-2.6% YoY
Effective rate
1.37%
On assessed value
Land market value
$2,971,600
Improvement market value
$8,390,700
Total market value
$11,362,300
Applied tax rate
77.0000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
38,616 SF
Lot
7.58 ac (330,185 SF)
Zoning code
TACE
APN
07-4055356
UPID
US40-1295973
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
TACE · Bowie, MD
Zoning TACE · permitted uses
TACE · Bowie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bowie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$30.1M
RESTAURANT
Est. value
$23.9M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
7.58 ac
Current owner
From public records · entity-resolved
Mstc III A LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2560 LORD BALTIMORE DR, BALTIMORE, MD 21244-2677
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 18, 2019
—
Mstc III A LLC
Mstc III Holdings LLC
Quit Claim Deed
—
Aug 17, 2011
—
Mstc III E LLC
—
Deed Of Trust
related
$7,843,697 · Wells Fargo Bank
Jul 7, 2010
—
Mstc III E LLC
—
Deed Of Trust
related
$13,322,400 · Wells Fargo Bank
—
—
Mstc III A LLC
—
Deed Of Trust
related
$7,125,000 · 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.
Try Rey
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