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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Turn key restaurants
6119 Tulane Ave Glen Echo, MD 20812-1205
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US40-0111597
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
BRICK
Total area
2,385 SF
Lot
0.13 ac (5,569 SF)
Zoning code
CRT07
APN
07-00510372
UPID
US40-0111597
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
-
Larksong Studios Tutoring Service
-
Irish Inn At Glen Echo Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
Cloncullen Corp · 23 yrs held
Cloncullen Corp
since 2003
5 recorded transactions
Zoning & alternative use
CRT07 · Glen Echo, 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 Glen Echo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Echo 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
$551 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,138
Tax year 2022
Assessed value
$1,038,967
Assessed 2023
Previous assessed
$1,016,100
+2.3% YoY
Effective rate
1.36%
On assessed value
Land market value
$735,100
Improvement market value
$349,600
Total market value
$1,084,700
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
2,385 SF
Lot
0.13 ac (5,569 SF)
Zoning code
CRT07
APN
07-00510372
UPID
US40-0111597
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT07 · Glen Echo, MD
Zoning CRT07 · permitted uses
CRT07 · Glen Echo, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Echo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Cloncullen Corp
Entity
Mailing address
6119 TULANE AVE, GLEN ECHO, MD 20812-1205
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Dec 31, 2018
—
Cloncullen Corp
—
Grant Deed
related
$2,100,000 · National Cap Bk/wa
Mar 21, 2003
$1,000,000
Cloncullen Corp
6119 Tulane Associates LLC
Grant Deed
$1,308,400 · Adams National Bank
—
—
Cloncullen Corp
—
Deed Of Trust
related
$2,100,000 · Cardinal Bank
—
—
Cloncullen Corp
—
Deed Of Trust
related
$300,000 · Adams National Bank
—
—
Cloncullen Corp
—
Deed Of Trust
related
$474,050 · Adams National Bank
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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