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Property profile & analytics
OFF-MARKET
Estimated value
$5,545,000
Retail space
718 Rockville Pike Rockville, MD 20852-1133
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US40-1569456
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Total area
16,240 SF
Lot
2.63 ac (114,737 SF)
Zoning code
MXCD
APN
04-03681566
UPID
US40-1569456
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
-
rockvillemdgaragedoors Construction Company General Contractor
-
AAA Rockville Car Care Insurance Travel Center Auto Repair Shop
-
Hangry Joe's Hot Chicken & Wings Restaurant Take-out & Catering
-
Amazon Counter - AAA Rockville Postal Service Courier Service
-
Roy Rogers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.55M
Owner & transaction history
Surplus Associates Limited Partners
Surplus Associates Limited Partners
since 2025
7 recorded transactions
Zoning & alternative use
MXCD · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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%
$6,220,000
6.5%
$5,740,000
7%
$5,330,000
Blend value · Realmo final
$5.55M
Range $4.99M – $6.10M · ±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
$341 / 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
$118,716
Tax year 2022
Assessed value
$8,385,100
Assessed 2023
Previous assessed
$8,385,100
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$3,325,200
Assessed improvement
$5,059,900
Land market value
$3,325,200
Improvement market value
$5,059,900
Total market value
$8,385,100
Applied tax rate
12.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2012
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
1
Units
2
Total area
16,240 SF
Lot
2.63 ac (114,737 SF)
Zoning code
MXCD
APN
04-03681566
UPID
US40-1569456
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXCD · Rockville, MD
Zoning MXCD · permitted uses
MXCD · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
Surplus Associates Limited Partners
Entity
Mailing address
5319 BRADLEY BLVD, BETHESDA, MD 20814-1244
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
Surplus Associates Limited Partners
—
Deed
related
$1,100,000 · First United Bank & Trust
Aug 24, 2022
—
Surplus Associates Limited Partners
—
Deed
related
$5,142,325 · First United Bank & Trust
Jun 9, 2020
—
Surplus Associates Limited Partners
—
Deed
related
$1,000,000 · First United Bank & Trust
Sep 6, 2012
—
Ms Pike LLC
—
Deed Of Trust
related
$2,450,000 · Branch Banking & Trust Co
—
—
Surplus Associates LP
—
Deed Of Trust
related
$5,300,000 · First United Bk
—
—
Rockville Pike Pfc LLC
—
Deed Of Trust
related
$3,150,000 · Union Bk&tr
—
—
Surplus Associates LP
—
Loan Modification
related
$400,000 · First United 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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