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Property profile & analytics
OFF-MARKET
Estimated value
$4,485,000
Office buildings
5900 Princess Gdn Pkwy, Lanham, MD 20706-2925
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-0086366
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
BRICK
Total area
76,368 SF
Lot
1.79 ac (78,111 SF)
Zoning code
CS
APN
20-2278158
UPID
US40-0086366
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
-
police guard service Security Service
-
Ark Visionary Healthcare Medical Clinic
-
Schuster Steven J DDS PA Dental Office
-
Yvonne Tubene, FNP Physician
-
Evergreen Protective Services Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$4.49M
Owner & transaction history
Lanham Complex LLC · 5 yrs held
Lanham Complex LLC
since 2020
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
CS · Lanham, 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 Lanham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lanham 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
$4,485,000
ML approach
$4,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.49M
Range $4.04M – $4.93M · ±10% · vs last sale $4.40M (Aug 10 2020)
Last sale anchor
$4.40M
Aug 10 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
$59 / 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
$44,235
Tax year 2023
Assessed value
$3,978,000
Assessed 2023
Previous assessed
$3,852,967
+3.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,712,200
Assessed improvement
$2,265,800
Land market value
$1,712,200
Improvement market value
$2,265,800
Total market value
$3,978,000
Applied tax rate
20.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
8
Units
1
Total area
76,368 SF
Lot
1.79 ac (78,111 SF)
Zoning code
CS
APN
20-2278158
UPID
US40-0086366
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CS · Lanham, MD
Zoning CS · permitted uses
CS · Lanham, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lanham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
8
Units
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Lanham Complex LLC
Entity
Mailing address
2ND FL PRINCESS GDN PKWY FL #5900, LANHAM, MD 20706
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Lanham Complex LLC
—
Deed
related
$2,900,000 · Unity Bank
Aug 10, 2020
$4,400,000
Lanham Complex LLC
Pasha Realty Holdings LLC
Grant Deed
$3,375,000 · Pasha Realty Holdings LLC
Feb 5, 2018
$3,603,000
Pasha Realty Holdings LLC
5900 LLC
Grant Deed
related
—
May 12, 2017
—
5900 LLC
—
Deed
related
$2,966,000 · First National Bank Of Pennsylvania
Nov 15, 2013
$3,412,500
5900 LLC
Us Bank NA Series 2005-c1
Grant Deed
$2,966,000 · Oba Fsb
Jun 28, 2013
$5,916,832
Us Bank NA Series 2005-c1 Tr
Sjs-lanham Center LLC
Grant Deed
—
Jul 30, 1999
$4,100,000
Cadles Lanham Center LLC
National Life Insurance
Grant Deed
$3,500,000 · Archon Financial LP
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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