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Property profile & analytics
OFF-MARKET
Turn key restaurants
6521 Riggs Rd, Hyattsville, MD 20782-1539
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0351379
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
BRICK
Total area
1,642 SF
Lot
0.46 ac (20,080 SF)
Zoning code
CGO
APN
17-1923382
UPID
US40-0351379
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
-
Selam Market and Carryout Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hohte Misrak Kidane Mihret Ethiopia · 1 yrs held
Hohte Misrak Kidane Mihret Ethiopia
since 2025
Last sale
$12.5M
6 recorded transactions
Zoning & alternative use
CGO · Hyattsville, 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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
—
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
$5,386
Tax year 2023
Assessed value
$484,367
Assessed 2023
Previous assessed
$480,133
+0.9% YoY
Effective rate
1.11%
On assessed value
Land market value
$301,200
Improvement market value
$187,400
Total market value
$488,600
Applied tax rate
17.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,642 SF
Lot
0.46 ac (20,080 SF)
Zoning code
CGO
APN
17-1923382
UPID
US40-0351379
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Hyattsville, MD
Zoning CGO · permitted uses
CGO · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Hohte Misrak Kidane Mihret Ethiopia
Individual
Mailing address
13218 DEER HIGHLANDS WAY, SILVER SPRING, MD 20906-6724
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
Jan 21, 2025
$12,500,000
Hohte Misrak Kidane Mihret Ethiopia
Br Hyattsville LLC
Special Warranty Deed
$11,736,000 · Mainstreet Bank
Mar 29, 2016
$2,500,000
Hohte Misrak Kidane Mihret Ethiopia
The Triumphant Baptist Church
Deed
$1,875,000 · Washingtonfirst Bank
Aug 22, 2007
$850,000
Triumphant Baptist Church
Island,eduardo
Grant Deed
$1,900,000 · Colombo Bank
Apr 17, 2002
$325,000
Eduardo Island
Santos,manuel S
Grant Deed
$250,000 · Banco Popular NA
Apr 6, 1999
$190,000
Manuel S Santos
Chaconas,peter N
Grant Deed
—
—
—
Manuel S Santos
—
Deed Of Trust
related
$136,500 · Suburban Bank Maryland
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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