Entity Owned 
For Lease
1 / 5
$6,275,000
5600 Rivertech Ct,Unit Discovery District at University of Maryland, Riverdale, MD 20737
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Property summary
AI-generated overview
This flex space totals 22,266 square feet and is located less than one mile from the University of Maryland, College Park campus, adjacent to the College Park Metro/MARC train station and the proposed Purple Line. The property sits within the 150-acre Discovery District, an area associated with academic, research, and economic development uses, and is part of a larger development that includes facilities such as a hotel, pop-up park, food hall, retail amenities, and town homes. The building is constructed with brick-on-block and features a TPO roof, with a clear minimum ceiling height of 16 feet. Parking is provided at a stated ratio of 4 spaces per 1,000 square feet.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1940
Construction
BRICK
Total area
156,600 SF
Lot
10.36 ac (451,282 SF)
Zoning code
RTOLE
APN
19-3507159
UPID
US40-0361176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Production Facility
-
Corporate Office
-
Language School Training Center
-
Alternative Medicine Practice
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.28M
Owner & transaction history
since 2021
2 recorded transactions
Zoning & alternative use
RTOLE · Riverdale, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$6.28M
Value range
$5.65M – $6.90M
±10% around blend
Estimated value / SF
$40 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$5.65M
blend $6.28M
$6.90M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
156,600 SF
Lot area
10.36 ac
Year built
1940
Stories
1
APN
19-3507159
Zoning
RTOLE
Assessed value
$8,133,200
Annual tax
$134,279
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.28M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 147 sales
$662
-94%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $40/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.13M
Move the market yield to see immediate price impact.
Value / SF
$52
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$512k
$10.25M
$7.32M
$5.69M
$569k
$11.39M
$8.13M
$6.33M
$626k
$12.53M
$8.95M
$6.96M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$134,279
Tax year 2023
Assessed value
$8,133,200
Assessed 2023
Previous assessed
$8,040,600
+1.2% YoY
Effective rate
1.65%
On assessed value
Land market value
$3,384,600
Improvement market value
$4,841,200
Total market value
$8,225,800
Applied tax rate
93.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1940
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
156,600 SF
Lot
10.36 ac (451,282 SF)
Zoning code
RTOLE
APN
19-3507159
UPID
US40-0361176
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RTOLE · Riverdale, MDZoning RTOLE · permitted uses
RTOLE · Riverdale, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
10.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RTOLE
Jurisdiction
Riverdale, MD
Recorded code
RTOLE
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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