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Property profile & analytics
OFF-MARKET
Estimated value
$10,225,000
Hospitals
600 Largo Rd Upper Marlboro, MD 20774-2122
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-1092508
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1976
Construction
BRICK
Total area
45,838 SF
Lot
5 ac (217,800 SF)
Zoning code
RR
APN
13-1475128
UPID
US40-1092508
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
-
Largo Nursing Home
-
Dr. Bahram Pishdad, MD Physician
-
Robbins Lauren Vane Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.70M
CAP Approach
CAP
$8.48M
Comparable Approach
Comparable
$13.26M
Blend (final)
Blend
$10.23M
Owner & transaction history
Largo Realty LLC · 6 yrs held
Largo Realty LLC
since 2020
Last sale
$10.0M
6 recorded transactions
Zoning & alternative use
RR · Upper Marlboro, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Residential, Rural (RR) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize their natural terrain, to facilitate the planning of single family residential developments with moderately large lots and dwellings of various sizes and s…
Zone name
Residential Rural Zone
General category
RESIDENTIAL
Zone area
219.40 ac
Source
Realmo
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 Upper Marlboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upper Marlboro 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
$10,190,000
ML approach
$10,700,000
CAP Approach
CAP Return
Estimation
6%
$9,180,000
6.5%
$8,475,000
7%
$7,870,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$13,905,000
Current use
Blend value · Realmo final
$10.23M
Range $9.20M – $11.25M · ±10% · vs last sale $10.00M (Apr 1 2020)
Last sale anchor
$10.00M
Apr 1 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
$223 / 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
$108,213
Tax year 2023
Assessed value
$9,731,400
Assessed 2023
Previous assessed
$9,237,833
+5.3% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,197,900
Assessed improvement
$8,533,500
Land market value
$1,197,900
Improvement market value
$8,533,500
Total market value
$9,731,400
Applied tax rate
13.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1976
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
130
Total area
45,838 SF
Lot
5 ac (217,800 SF)
Zoning code
RR
APN
13-1475128
UPID
US40-1092508
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RR · Upper Marlboro, MDZoning RR · permitted uses
RR · Upper Marlboro, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Residential, Rural (RR) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize their natural terrain, to facilitate the planning of single family residential developments with moderately large lots and dwellings of various sizes and styles.
Zone name
Residential Rural Zone
General category
RESIDENTIAL
Zone area
219.40 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$13.9M
MEDICAL BUILDING Current
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
1976
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
130
Lot
5 ac
Current owner
From public records · entity-resolved
Largo Realty LLC
Entity
Mailing address
400 BLVS OF THE AMERICAS STE STE #401, LAKEWOOD, NJ 08701
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
—
Largo Realty LLC
—
Deed
related
$88,000,000 · Eagle Bank
May 29, 2020
—
Largo Nursing & Rehabilitation
—
Deed
related
$66,600,000 · Monticello Funding Bth-41 LLC
Apr 1, 2020
$10,000,000
Largo Realty LLC
Hcp Maryland Properties LLC
Special Warranty Deed
$46,950,000 · Cbo Funding LLC
Feb 9, 2017
—
Hcp Maryland Properties
—
Deed
related
$750,000,000 · Barclays Bank Plc
—
—
Hcp Maryland Properties LLC
—
Deed Of Trust
related
$750,000,000 · Wilmington Tr
—
—
Largo Nursing & Rehabilitation
—
Deed Of Trust
related
$66,600,000 · Monticello Funding Bth-41 LLC
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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