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Property profile & analytics
OFF-MARKET
Estimated value
$7,230,000
Office buildings
7001 Carroll Ave, Takoma Park, MD 20912-4429
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2360714
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Construction
BRICK
Total area
20,436 SF
Lot
0.38 ac (16,620 SF)
Zoning code
NR0.7
APN
13-01078470
UPID
US40-2360714
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.91M
Blend (final)
Blend
$7.23M
Owner & transaction history
Mosaic Takoma Park Owner LLC · 2 yrs held
Mosaic Takoma Park Owner LLC
since 2024
Last sale
$7.4M
6 recorded transactions
Zoning & alternative use
NR0.7 · Takoma Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$9.7M
+44.2%
Retail stores
$9.0M
+33.9%
Commercial (general)
$7.9M
+17.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,750,000
Current use
INDUSTRIAL (GENERAL)
$9,740,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$9,040,000
Change: +34% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,925,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$6,395,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$7.23M
Range $6.51M – $7.95M · ±10% · vs last sale $7.39M (Jun 24 2024)
Last sale anchor
$7.39M
Jun 24 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
$354 / 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
$73,054
Tax year 2022
Assessed value
$4,394,933
Assessed 2023
Previous assessed
$4,317,767
+1.8% YoY
Effective rate
1.66%
On assessed value
Land market value
$883,000
Improvement market value
$3,589,100
Total market value
$4,472,100
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
HOT WATER
Cooling
AC.CHILLED WATER
Stories
2
Units
1
Total area
20,436 SF
Lot
0.38 ac (16,620 SF)
Zoning code
NR0.7
APN
13-01078470
UPID
US40-2360714
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
NR0.7 · Takoma Park, MD
Zoning NR0.7 · permitted uses
NR0.7 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$9.7M
RETAIL STORES
Est. value
$9.0M
COMMERCIAL (GENERAL)
Est. value
$7.9M
WAREHOUSE, STORAGE
Est. value
$6.4M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Mosaic Takoma Park Owner LLC
Entity
Mailing address
5616 NAMAKAGAN RD STE #360, BETHESDA, MD 20816-1925
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$7,390,000
Mosaic Takoma Park Owner LLC
Keystar Takoma LLC
Special Warranty Deed
$3,000,000 · Aiden Avenue Holdings LLC
May 3, 2024
—
Keystar Takoma LLC
Takoma Westmoreland LLC
Special Warranty Deed
—
Feb 1, 2017
—
Takoma Westmoreland LLC
—
Deed
related
$2,570,000 · First Virginia Community Bank
Dec 1, 2006
—
Takoma Westmoreland LLC
Icg Takoma Associates LLC
Quit Claim Deed
related
$3,375,000 · Resource Bank
Jun 17, 2005
$2,288,000
Icg Takoma Assocs LLC
Carleton,john G & Patricia
Warranty Deed
—
Jun 17, 2005
—
Patricia Carleton
Carleton,john G
Quit Claim Deed
related
—
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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