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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Warehouses
640 Diamond Ave 5 Gaithersburg, MD 20877-5323
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-1545616
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Total area
16,725 SF
Lot
1.05 ac (45,616 SF)
Zoning code
CBD
APN
09-03060512
UPID
US40-1545616
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
-
FSAI Early Head Start Social Service Agency Charitable Organization
-
Housing & Community Housing Authority
-
Sheppard Pratt - Discovery Station Early Head Start Medical Clinic
-
Sheppard Pratt - The Landing Medical Clinic
-
Sheppard Pratt - Keys to Success Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$1.24M
Owner & transaction history
PC 640 Girard LLC · 2 yrs held
PC 640 Girard LLC
since 2023
4 recorded transactions
Zoning & alternative use
CBD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activities to meet the needs and requirements of residents, workers, shoppers and visitors
Zone name
Central Business District
General category
COMMERCIAL
Zone area
175.28 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 Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10%
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
$74 / 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
$5,178
Tax year 2022
Assessed value
$3,122,500
Assessed 2023
Previous assessed
$3,122,500
+0.0% YoY
Effective rate
0.17%
On assessed value
Assessed land
$616,700
Assessed improvement
$2,505,800
Land market value
$616,700
Improvement market value
$2,505,800
Total market value
$3,122,500
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
1
Total area
16,725 SF
Lot
1.05 ac (45,616 SF)
Zoning code
CBD
APN
09-03060512
UPID
US40-1545616
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CBD · Gaithersburg, MDZoning CBD · permitted uses
CBD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of CBD Zone is intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and providing public amenities, for attracting a variety of leisure uses and activities to meet the needs and requirements of residents, workers, shoppers and visitors
Zone name
Central Business District
General category
COMMERCIAL
Zone area
175.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1994
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
PC 640 Girard LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7200 E WISCONSIN AVE STE #1100, BETHESDA, MD 20814-4845
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
—
PC 640 Girard LLC
Family Services INC
Deed
—
Jun 7, 2002
$2,800,000
Family Services Agency INC
Butera Properties III LLC
Grant Deed
$2,400,000 · Bank Of America
—
—
Family Svcs INC
—
Deed Of Trust
related
$6,113,000 · Maryland Health & Higher Edu
—
—
Family Svcs INC
—
Deed Of Trust
related
$1,600,000 · Eagle 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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