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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Commercial real estate
7131 Baltimore Ave College Park, MD 20740-3625
Entity Owned
10-yr Hold
Free & Clear
Property ID
US40-1282545
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1918
Construction
BRICK
Total area
1,058 SF
Lot
0.28 ac (12,000 SF)
Zoning code
NAC
APN
21-2309524
UPID
US40-1282545
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
$698k
Blend (final)
Blend
$530k
Owner & transaction history
Patak Holding LLC · 10 yrs held
Patak Holding LLC
since 2015
2 recorded transactions
Zoning & alternative use
NAC · College Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve the surrounding neighborhood, to provide a mix of uses that serve local neighborhood needs.
Zone name
Neighborhood Activity Center Zone
General category
MIXED_USE
Zone area
184.76 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$825,000
+136.4%
Retail stores
$440,000
+26.6%
Auto repair, garage
$440,000
+25.9%
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College 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
COMMERCIAL (GENERAL)
$350,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$825,000
Change: +136% · Conversion: Difficult
RETAIL STORES
$440,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$320,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$501 / 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
$12,588
Tax year 2023
Assessed value
$913,633
Assessed 2023
Previous assessed
$913,467
+0.0% YoY
Effective rate
1.38%
On assessed value
Land market value
$900,000
Improvement market value
$13,800
Total market value
$913,800
Applied tax rate
81.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1918
Construction
BRICK
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
1,058 SF
Lot
0.28 ac (12,000 SF)
Zoning code
NAC
APN
21-2309524
UPID
US40-1282545
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NAC · College Park, MDZoning NAC · permitted uses
NAC · College Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve the surrounding neighborhood, to provide a mix of uses that serve local neighborhood needs.
Zone name
Neighborhood Activity Center Zone
General category
MIXED_USE
Zone area
184.76 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$350,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$825,000
RETAIL STORES
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$440,000
MEDICAL BUILDING
Est. value
$320,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
Year built
1918
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Patak Holding LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4704 HARVARD RD, COLLEGE PARK, MD 20740-3718
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2015
$1,250,000
Patak Holding LLC
Puckett,james E & Debra Ay
Grant Deed
—
—
—
Patak Holdings LLC
—
Deed Of Trust
related
$900,000
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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