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Property profile & analytics
OFF-MARKET
Office Spaces
5851 Allentown Rd 17 Suitland, MD 20746-4570
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-0530015
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1987
Total area
1,449 SF
Lot
0.13 ac (5,763 SF)
Zoning code
CO
APN
06-0446708
UPID
US40-0530015
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
-
Metropolitan Living Realty Group Real Estate Agency
-
Consolidated Financial Services Insurance Agency
-
Lavone Martinez, Metropolitan Living Realty Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Farrar INC · 11 yrs held
Farrar INC
since 2014
5 recorded transactions
Zoning & alternative use
CO · Suitland, 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 Suitland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suitland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,223
Tax year 2023
Assessed value
$199,900
Assessed 2023
Previous assessed
$199,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$69,900
Assessed improvement
$130,000
Land market value
$69,900
Improvement market value
$130,000
Total market value
$199,900
Applied tax rate
6.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1987
Heating
NONE
Units
1
Total area
1,449 SF
Lot
0.13 ac (5,763 SF)
Zoning code
CO
APN
06-0446708
UPID
US40-0530015
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CO · Suitland, MD
Zoning CO · permitted uses
CO · Suitland, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suitland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Farrar INC
Entity
Mailing address
5851 ALLENTOWN RD #17, SUITLAND, MD 20746-4570
Ownership since
2014
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
Oct 15, 2025
—
Farrar INC
—
Deed
related
$175,000 · Velocity Commercial Capital LLC
Dec 17, 2014
$185,000
Farrar INC
Consolidated Financial Services INC
Deed
$148,000 · Eagle Bank
Mar 10, 2003
$115,000
Consolidated Financial Svcs
Long,cornell & Beverly S
Grant Deed
related
—
May 27, 1999
$115,000
Cornell Long
Bjr Associates
Grant Deed
$82,500 · Eastern Savings Bank
—
—
Consolidated Financial Services
—
Deed Of Trust
related
$80,000 · Suntrust Bank NA
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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