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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Office buildings
645 Mayo Rd, Edgewater, MD 21037-3427
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-1810205
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
5,000 SF
Lot
10 ac (435,600 SF)
Zoning code
C4
APN
01-000-06163625
UPID
US40-1810205
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
-
Fast1 Garage Door Repair & Springs Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Leahy Properties LLC · 11 yrs held
Leahy Properties LLC
since 2014
7 recorded transactions
Zoning & alternative use
C4 · Edgewater, 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 Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater 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
$645,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$191 / 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
$27,930
Tax year 2023
Assessed value
$2,557,700
Assessed 2023
Previous assessed
$2,432,967
+5.1% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,044,200
Assessed improvement
$1,513,500
Land market value
$1,044,200
Improvement market value
$1,513,500
Total market value
$2,557,700
Applied tax rate
1.0000
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
1986
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
2
Units
2
Total area
5,000 SF
Lot
10 ac (435,600 SF)
Zoning code
C4
APN
01-000-06163625
UPID
US40-1810205
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C4 · Edgewater, MD
Zoning C4 · permitted uses
C4 · Edgewater, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewater. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
HEAT PUMP
Stories
2
Buildings
2
Units
2
Lot
10 ac
Current owner
From public records · entity-resolved
Leahy Properties LLC
Entity
Mailing address
4124 CADLE CRK RD, EDGEWATER, MD 21037-4529
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2018
—
Leahy Properties LLC
—
Deed
related
$1,000,000 · Sandy Spring Bank
Mar 19, 2018
—
Leahy Properties LLC
—
Deed
related
—
Dec 15, 2014
$2,050,000
Leahy Properties LLC
Fairfax Properties LLC
Deed
$1,025,000 · Howard Bank
—
—
Leahy Properties LLC
—
Deed Of Trust
related
$500,000 · Howard Bk
—
—
Leahy Properties LLC
—
Deed Of Trust
related
$845,000 · Business Fin Grp
—
—
Leahy Properties LLC
—
Loan Modification
related
$400,000 · Howard Bk
—
—
Fairfax Properties LLC
—
Deed Of Trust
related
$800,000 · Suntrust Bank NA
—
—
Fairfax Properties LLC
—
Deed Of Trust
related
$800,000 · Suntrust Bank NA
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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