New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,415,000
Medical Office Space
5620 Ager Rd, Hyattsville, MD 20782-3729
Individually Owned
5-yr Hold
Free & Clear
Property ID
US40-0656238
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2022
Construction
STEEL FRAME
Total area
48,596 SF
Lot
2.03 ac (88,296 SF)
Zoning code
LTOC
APN
17-5649170
UPID
US40-0656238
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
-
Tinku Biswas M.D. | Kaiser Permanente Physician
-
Lab | Kaiser Permanente West Hyattsville Medical Center Laboratory
-
Cassandra Smith M.D. | Kaiser Permanente Physician
-
Chioma Ohalete D.O. | Kaiser Permanente Physician
-
Rennie Mathew Thomas, M.D. | Kaiser Permanente Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.30M
CAP Approach
CAP
$8.99M
Comparable Approach
Comparable
$10.70M
Blend (final)
Blend
$11.42M
Owner & transaction history
Kaiser Foun Health Plan · 5 yrs held
Kaiser Foun Health Plan
since 2020
Last sale
$12.0M
1 recorded transaction
Zoning & alternative use
LTOC · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$16.2M
+10.0%
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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
$12,175,000
ML approach
$10,300,000
CAP Approach
CAP Return
Estimation
6%
$9,730,000
6.5%
$8,985,000
7%
$8,340,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,740,000
Current use
COMMERCIAL (GENERAL)
$16,220,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$11.42M
Range $10.27M – $12.56M · ±10% · vs last sale $11.95M (Nov 5 2020)
Last sale anchor
$11.95M
Nov 5 2020
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
$235 / 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
$194,981
Tax year 2023
Assessed value
$13,008,500
Assessed 2024
Previous assessed
$12,239,860
+6.3% YoY
Effective rate
1.50%
On assessed value
Assessed land
$1,479,000
Assessed improvement
$11,529,500
Land market value
$1,479,000
Improvement market value
$11,529,500
Total market value
$13,008,500
Applied tax rate
88.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Units
2
Total area
48,596 SF
Lot
2.03 ac (88,296 SF)
Zoning code
LTOC
APN
17-5649170
UPID
US40-0656238
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LTOC · Hyattsville, MD
Zoning LTOC · permitted uses
LTOC · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$14.7M
COMMERCIAL (GENERAL)
Est. value
$16.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
2022
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
Kaiser Foun Health Plan
Individual
Free & Clear · 5 yrs held
Mailing address
7TH FL GDN CITY DR FL #4000, HYATTSVILLE, MD 20785
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2020
$11,950,000
Kaiser Foun Health Plan
West Hyattsville Prop Co LLC
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5620 Ager Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
