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Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Strip malls
6200 Central Ave Capitol Heights, MD 20743-6128
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1086692
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
BRICK
Total area
28,618 SF
Lot
8.3 ac (361,443 SF)
Zoning code
LTOE
APN
18-2018265
UPID
US40-1086692
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CVS Cosmetic Store
-
CVS Pharmacy Pharmacy
-
Buy Bitcoin Crypto Atm
-
Addison Plaza Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Addison Plaza II Associates LLC · 1 yrs held
Addison Plaza II Associates LLC
since 2025
6 recorded transactions
Zoning & alternative use
LTOE · Capitol Heights, 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 Capitol Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitol Heights 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
$147 / 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
$243,081
Tax year 2023
Assessed value
$15,502,600
Assessed 2023
Previous assessed
$15,252,900
+1.6% YoY
Effective rate
1.57%
On assessed value
Assessed land
$2,248,600
Assessed improvement
$13,254,000
Land market value
$2,248,600
Improvement market value
$13,254,000
Total market value
$15,502,600
Applied tax rate
94.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
5
Total area
28,618 SF
Lot
8.3 ac (361,443 SF)
Zoning code
LTOE
APN
18-2018265
UPID
US40-1086692
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LTOE · Capitol Heights, MDZoning LTOE · permitted uses
LTOE · Capitol Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
8.3 ac
Current owner
From public records · entity-resolved
Addison Plaza II Associates LLC
Entity
Mailing address
1350 CONNECTICUT AVE NW, WASHINGTON, DC 20036-1722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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 8, 2025
—
Addison Plaza II Associates LLC
—
Deed
related
$13,500,000 · Continental Casualty Company
Aug 28, 2019
—
Gfm Addison Plaza LLC
—
Deed
related
$750,000 · Low Income Invs Fund
Sep 4, 2018
—
Addison Plz II Assocs LLC
—
Deed
related
$14,475,000 · Sandy Spring Bk
Apr 13, 2006
—
Addison Plaza II Associates LLC
—
Deed Of Trust
related
$10,500,000 · Bear Stearns Commercial Mtg
—
—
Gfm Addison Plaza LLC
—
Deed Of Trust
related
$750,000 · Low Income Invs Fund
—
—
Addison Plz II Assocs LLC
—
Loan Modification
related
$14,475,000 · Sandy Spring Bk
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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