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Property profile & analytics
OFF-MARKET
Estimated value
$2,985,000
Office Spaces
7401 Baltimore Ave, College Park, MD 20740-3207
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0659822
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2022
Total area
1,988 SF
Zoning code
LTOE
APN
21-5692060
UPID
US40-0659822
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
-
City of College Park Animal Control Animal Shelter Pet Adoption Service
-
Dog Haus Biergarten Restaurant
-
The College Park District 2 Digest Publishing House
-
College Park City Hall City Hall
-
College Park City Council City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Umcpf Property IV A LLC · 4 yrs held
Umcpf Property IV A LLC
since 2022
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
LTOE · College Park, 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 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
$2,905,000
ML approach
$2,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±10% · vs last sale $3.14M (Apr 19 2022)
Last sale anchor
$3.14M
Apr 19 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
$1,502 / 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
$11,448
Tax year 2023
Assessed value
$830,900
Assessed 2024
Previous assessed
$830,900
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$249,200
Assessed improvement
$581,700
Land market value
$249,200
Improvement market value
$581,700
Total market value
$830,900
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2022
Units
1
Total area
1,988 SF
Zoning code
LTOE
APN
21-5692060
UPID
US40-0659822
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LTOE · College Park, MD
Zoning LTOE · permitted uses
LTOE · College Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
College Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Units
1
Current owner
From public records · entity-resolved
Umcpf Property IV A LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8145 BALTIMORE AVE #402, COLLEGE PARK, MD 20740-2491
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
Maryland Economic Development Corp
—
Deed
related
$27,500,000 · Td Bank NA
Apr 19, 2022
$3,143,500
Umcpf Property IV A LLC
City Of College Park
Deed
—
Feb 23, 2021
—
Maryland Economic Development Corp
—
Deed
related
$27,500 · Td Bank NA
Feb 22, 2021
—
City Of College Park
City Of College Park
Deed
related
—
Feb 22, 2021
$3,097,000
University Of Maryland College Park
City Of College Park
Deed
—
Jun 11, 2020
$3,143,500
City Of College Park
Umcpf Property IV-a LLC
Grant Deed
—
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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