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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Office buildings
6940 Carroll Ave, Takoma Park, MD 20912-4432
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1903331
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
10,563 SF
Lot
0.18 ac (8,013 SF)
Zoning code
CRT07
APN
13-01066882
UPID
US40-1903331
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.70M
Owner & transaction history
Terrific INC · 1 yrs held
Terrific INC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CRT07 · Takoma Park, 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 Takoma Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Takoma Park 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$2,295,000
6.5%
$2,120,000
7%
$1,965,000
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Sep 6 2024)
Last sale anchor
$1.70M
Sep 6 2024
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
$161 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,141
Tax year 2024
Assessed value
$1,248,100
Assessed 2024
Previous assessed
$1,226,567
+1.8% YoY
Effective rate
1.77%
On assessed value
Assessed land
$425,700
Assessed improvement
$822,400
Land market value
$425,700
Improvement market value
$822,400
Total market value
$1,248,100
Applied tax rate
23.0000
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
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
10,563 SF
Lot
0.18 ac (8,013 SF)
Zoning code
CRT07
APN
13-01066882
UPID
US40-1903331
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT07 · Takoma Park, MD
Zoning CRT07 · permitted uses
CRT07 · Takoma Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Takoma Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Terrific INC
Entity
Mailing address
1222 T ST NW, WASHINGTON, DC 20009-4462
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
$1,700,000
Terrific INC
Kd Properties INC
Deed
$1,360,000 · Sandy Spring Bank
Feb 9, 1998
$400,000
Kd Properties INC
Home Study International
Grant Deed
$332,000 · First Union National Bank
—
—
K D Properties INC
—
Deed Of Trust
related
$168,000 · Nationsbank
—
—
Kd Properties INC
—
Deed Of Trust
related
$1,048,416 · Pnc Bank
—
—
Kd Properties INC
—
Deed Of Trust
related
$4,000,000 · Chevy Chase Savings Bank
—
—
Kd Properties INC
—
Deed Of Trust
related
$1,400,000 · Pnc Bank
—
—
Kd Properties INC
—
Deed Of Trust
related
$420,000 · Bank Of America
—
—
Kd Properties INC
—
Deed Of Trust
related
$450,000 · Bank Of America
—
—
Kd Properties INC
—
Deed Of Trust
related
$350,000 · Sandy Spring Bank
—
—
Kd Properties INC
—
Deed Of Trust
related
$175,000 · Sandy Spring 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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