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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Gas stations
690 Watkins Ml Rd Gaithersburg, MD 20879-3302
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-1340923
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2021
Total area
4,624 SF
Lot
2.02 ac (88,139 SF)
Zoning code
MXD
APN
09-03665010
UPID
US40-1340923
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
-
Margo Bitcoin ATM Atm Crypto Atm
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
Royal Farms Grocery & Convenience Store
-
First National Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Bptc Two Service LLC · 6 yrs held
Bptc Two Service LLC
since 2019
7 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$229 / 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
$48,722
Tax year 2022
Assessed value
$3,852,000
Assessed 2023
Previous assessed
$3,660,167
+5.2% YoY
Effective rate
1.26%
On assessed value
Assessed land
$255,300
Assessed improvement
$3,596,700
Land market value
$255,300
Improvement market value
$3,596,700
Total market value
$3,852,000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,624 SF
Lot
2.02 ac (88,139 SF)
Zoning code
MXD
APN
09-03665010
UPID
US40-1340923
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Bptc Two Service LLC
Entity
Free & Clear · 6 yrs held
Mailing address
226 SPECTRUM AVE, GAITHERSBURG, MD 20879-3471
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
Bptc Two Service LLC
—
Deed
related
$4,840,000 · Sandy Spring Bank
Aug 26, 2019
—
Bptc Two Service LLC
Bptc Two LLC
Quit Claim Deed
related
—
Aug 21, 2019
—
Bptc Two LLC
Bp Realty Investments LLC
Correction Deed
related
—
Mar 17, 2017
—
Bptc Two LLC
—
Deed
related
$213,455 · Sandy Spring Bk
Sep 30, 2016
—
Bptc Two LLC
—
Deed
related
$2,213,455 · Sandy Spring Bank
Aug 31, 2011
—
Bptc Two LLC
Bp Realty Investments LLC
Grant Deed
—
—
—
Bptc Two LLC
—
Loan Modification
related
$213,455 · 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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