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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Warehouses
5005 Herzel Pl, Beltsville, MD 20705-2009
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1066408
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
BRICK
Total area
12,388 SF
Lot
0.46 ac (20,000 SF)
Zoning code
IH
APN
01-0052357
UPID
US40-1066408
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
-
Queenstown RV Service Auto Repair Shop
-
M & M Fleet Maintenance Service Auto Repair Shop
-
Falcon Digital Studio Printing Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.44M
Owner & transaction history
Standard Insurance Company · 3 yrs held
Standard Insurance Company
since 2023
6 recorded transactions
Zoning & alternative use
IH · Beltsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+18.8%
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 Beltsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beltsville 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
WAREHOUSE, STORAGE
$3,165,000
Current use
MEDICAL BUILDING
$3,760,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±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
$197 / 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
$11,709
Tax year 2023
Assessed value
$1,053,000
Assessed 2023
Previous assessed
$1,002,300
+5.1% YoY
Effective rate
1.11%
On assessed value
Land market value
$200,000
Improvement market value
$954,400
Total market value
$1,154,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,388 SF
Lot
0.46 ac (20,000 SF)
Zoning code
IH
APN
01-0052357
UPID
US40-1066408
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IH · Beltsville, MD
Zoning IH · permitted uses
IH · Beltsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beltsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
1973
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
10265 NE TANASBOURNE DR, HILLSBORO, OR 97124-7834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
—
Standard Insurance Company
Nazario Development Company II LLC
Assignment Of Lease (leasehold Sale)
$2,000,000 · Standard Insurance Co
Oct 14, 2022
$4,650,000
Nazario Development Company II LLC
Paulen Industrial Center INC
Deed
$2,000,000 · Nazario Holdings LLC
Jul 25, 2019
—
Paulen Industrial Center INC
—
Deed
related
$7,500,000 · Revere Bank
Nov 7, 2014
—
Paulen Industrial Center INC
—
Loan Modification
related
$11,000,000 · Sandy Spring Bk
Mar 22, 2010
—
Paulen Industrial Center INC
—
Deed Of Trust
related
$2,500,000 · Branch Banking & Trust Co
Jul 8, 2002
—
Paulen Industrial Center INC
—
Deed Of Trust
related
$5,000,000 · Citizens National Bank
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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