Entity Owned Property summary
AI-generated overview
The property consists of a retail space within a shopping center anchored by Mom’s Organic Market, with approximately 172,676 square feet of gross leasable area across the center. The available unit measures approximately 7,443 square feet. The center is positioned at the signalized intersection of Washington Boulevard and Waterloo Road, with reported average annual daily traffic volumes of 27,912 and 25,429 respectively, and is approximately half a mile from Interstate 95 (reported AADT 210,234), supporting visibility and access. The space is configured for retail and is suitable for a range of uses such as fast-casual dining, service-oriented businesses, medical facilities, and boutique fitness studios, subject to applicable zoning and code requirements.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
157,672 SF
Lot
14.16 ac (616,810 SF)
Zoning code
B2
APN
06-467695
UPID
US40-1441509
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Dental Office
-
Law Firm
-
Hair Salon Nail Salon
-
Car Rental Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.05M
Owner & transaction history
since 2021
Last sale
$38.8M
1 recorded transaction
Zoning & alternative use
B2 · Jessup, MD
Top alternative use upside
Auto repair, garage
$24.1M
+624.6%
Office building
$20.5M
+516.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$34.05M
Value range
$30.65M – $37.46M
±10% around blend
Estimated value / SF
$216 / SF
Confidence
Property data
100
Comparable evidence
60
$30.65M
blend $34.05M
$37.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
157,672 SF
Lot area
14.16 ac
Year built
1984
Stories
1
APN
06-467695
Zoning
B2
Assessed value
$29,517,633
Annual tax
$287,995
3
Income approach: direct capitalization
Partial preview
Income approach indication
$28.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$30.46M
@ 6.5% CAP return
$28.12M
@ 7% CAP return
$26.11M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$34.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+625%
vs current-use indication
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.00%
Implied, in-place cap rate for this community centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.00%
9.0%
NOI (est.)
$2.71M *
Last sale · Sep 2021
$38.75M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$45.21M
Move the market yield to see immediate price impact.
Value / SF
$287
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.50%6.00%6.50%
$2.44M
$44.39M
$40.69M
$37.56M
$2.71M
$49.32M
$45.21M
$41.73M
$2.98M
$54.25M
$49.73M
$45.90M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$287,995
Tax year 2022
Assessed value
$29,517,633
Assessed 2023
Previous assessed
$25,576,800
+15.4% YoY
Effective rate
0.98%
On assessed value
Land market value
$5,551,200
Improvement market value
$31,848,100
Total market value
$37,399,300
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
3
Total area
157,672 SF
Lot
14.16 ac (616,810 SF)
Zoning code
B2
APN
06-467695
UPID
US40-1441509
Jurisdiction
HOWARD
Zoning & alternative use
B2 · Jessup, MDZoning B2 · permitted uses
B2 · Jessup, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
14.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Jessup, MD
Recorded code
B2
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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