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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Warehouses
5465 Randolph Rd, Rockville, MD 20852-2640
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US40-0877014
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
BRICK
Total area
14,075 SF
Lot
0.65 ac (28,188 SF)
Zoning code
IL1.0
APN
04-00135542
UPID
US40-0877014
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
-
Emma and Eva (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
United Gun Shop Gun Shop Ammunition Supplier
-
LTTC Safety Consulting Training Center
-
The Widmayer Co Inc Roofing Company General Contractor
-
Livescan Fingerprinting MD Fingerprinting Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.94M
Owner & transaction history
Lebling Investment Randolph LLC · 22 yrs held
Lebling Investment Randolph LLC
since 2004
5 recorded transactions
Zoning & alternative use
IL1.0 · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±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
$138 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$25,702
Tax year 2022
Assessed value
$2,080,400
Assessed 2023
Previous assessed
$1,959,867
+6.2% YoY
Effective rate
1.24%
On assessed value
Assessed land
$680,700
Assessed improvement
$1,399,700
Land market value
$680,700
Improvement market value
$1,399,700
Total market value
$2,080,400
Applied tax rate
25.0000
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
1974
Construction
BRICK
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
14,075 SF
Lot
0.65 ac (28,188 SF)
Zoning code
IL1.0
APN
04-00135542
UPID
US40-0877014
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
IL1.0 · Rockville, MD
Zoning IL1.0 · permitted uses
IL1.0 · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Lebling Investment Randolph LLC
Entity
Mailing address
2401 RESEARCH BLVD STE #202, ROCKVILLE, MD 20850-3246
Ownership since
2004
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
May 18, 2004
—
Lebling Investment Randolph LLC
Schultze,adelaide
Grant Deed
$1,470,000 · Potomac Valley Bank
Jan 2, 1998
$1,300,000
Fred P Sawczyn Estate
Schultze,edward W
Grant Deed
—
Oct 30, 1997
$1,525,000
Edward W Schultze
Edward,w Schultz
Grant Deed
related
—
Oct 21, 1997
$1,525,000
Fred P Sawczyn Estate
Schultze,edward W
Grant Deed
—
—
—
Lebling Inv Randolp LLC
—
Deed Of Trust
related
$550,000 · Mercantile Potomac 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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