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Property profile & analytics
FOR SALE
Office buildings
7370 Macarthur Blvd Glen Echo, MD 20812
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1306818
For Sale
$2,290,000
7370 Macarthur Blvd, Glen Echo, MD 20812
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1933
Construction
BRICK
Total area
5,278 SF
Lot
0.21 ac (9,069 SF)
Zoning code
CRT07
APN
07-00511401
UPID
US40-1306818
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
-
Wild Bird Center of America Inc Corporate Office
-
McFarland Woods Construction Company General Contractor
-
Division 12 Design General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.15M
Owner & transaction history
The Old Bird House LLC · 4 yrs held
The Old Bird House LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
CRT07 · Glen Echo, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+74.2%
Industrial (general)
$2.5M
+50.2%
Commercial (general)
$1.8M
+10.2%
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 Glen Echo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Echo 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
$2,150,000
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
$1,675,000
Current use
RETAIL STORES
$2,915,000
Change: +74% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,515,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,845,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$1,650,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.15M
Range $1.93M – $2.36M · ±10% · vs last sale $2.15M (Feb 15 2022)
Last sale anchor
$2.15M
Feb 15 2022
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
$406 / 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
$18,325
Tax year 2022
Assessed value
$1,603,533
Assessed 2023
Previous assessed
$1,342,300
+19.5% YoY
Effective rate
1.14%
On assessed value
Land market value
$598,500
Improvement market value
$1,527,500
Total market value
$2,126,000
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Sale
Year built
1933
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
5,278 SF
Lot
0.21 ac (9,069 SF)
Zoning code
CRT07
APN
07-00511401
UPID
US40-1306818
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT07 · Glen Echo, MD
Zoning CRT07 · permitted uses
CRT07 · Glen Echo, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Echo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RETAIL STORES
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.7M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
Year built
1933
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
The Old Bird House LLC
Entity
Mailing address
7110TH PICNIC WOODS RD, MIDDLETOWN, MD 21769-7114
Ownership since
2022
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
Feb 21, 2023
—
The Old Bird House LLC
—
Deed
related
$150,000 · Bell Bank
Feb 15, 2022
$2,150,000
The Old Bird House LLC
Yellow Leaf Properties LLC
Deed
$1,612,500 · Sandy Spring Bank
May 2, 2017
—
Yellow Leaf Properties LLC
—
Deed
related
$1,450,000 · Sandy Spring Bk
—
—
Hoo-hoo-hooooo Enterprises
—
Deed Of Trust
related
$100,000 · First National Bank Maryland
—
—
Yellow Leaf Properties LLC
—
Loan Modification
related
$1,450,000 · Sandy Spring Bk
—
—
Hoo-hoo-hoooooo Ents LLC
—
Deed Of Trust
related
$200,000 · Manufacturers Traders & Trust
—
—
Hoo-hoo-hoooooo Ents LLC
—
Deed Of Trust
related
$1,450,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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