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Property profile & analytics
OFF-MARKET
Estimated value
$10,830,000
Hospitals
7420 Marlboro Pike, District Heights, MD 20747-4343
Entity Owned
~
Est. High Equity
Property ID
US40-0351037
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1966
Construction
BRICK
Total area
40,332 SF
Lot
3.07 ac (133,729 SF)
Zoning code
CGO
APN
06-0599167
UPID
US40-0351037
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
$10.66M
CAP Approach
CAP
$7.46M
Comparable Approach
Comparable
$13.27M
Blend (final)
Blend
$10.83M
Owner & transaction history
7420 Marlboro Pike LLC
7420 Marlboro Pike LLC
since 2026
Last sale
$11.3M
7 recorded transactions
Zoning & alternative use
CGO · District Heights, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$16.8M
+37.5%
Auto repair, garage
$16.7M
+36.7%
Commercial (general)
$13.3M
+8.6%
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 District Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs District Heights 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
$13,875,000
ML approach
$10,660,000
CAP Approach
CAP Return
Estimation
6%
$8,075,000
6.5%
$7,455,000
7%
$6,920,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$12,235,000
Current use
RETAIL STORES
$16,820,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,720,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,285,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$10.83M
Range $9.75M – $11.91M · ±10% · vs last sale $11.27M (Aug 6 2021)
Last sale anchor
$11.27M
Aug 6 2021
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
$269 / 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
$108,281
Tax year 2023
Assessed value
$9,737,500
Assessed 2023
Previous assessed
$8,791,667
+10.8% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,337,200
Assessed improvement
$8,400,300
Land market value
$1,337,200
Improvement market value
$8,400,300
Total market value
$9,737,500
Applied tax rate
6.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1966
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
2
Units
160
Total area
40,332 SF
Lot
3.07 ac (133,729 SF)
Zoning code
CGO
APN
06-0599167
UPID
US40-0351037
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · District Heights, MD
Zoning CGO · permitted uses
CGO · District Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
District Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$12.2M
RETAIL STORES
Est. value
$16.8M
AUTO REPAIR, GARAGE
Est. value
$16.7M
COMMERCIAL (GENERAL)
Est. value
$13.3M
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1966
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
160
Lot
3.07 ac
Current owner
From public records · entity-resolved
7420 Marlboro Pike LLC
Entity
Mailing address
7420 MARLBORO PIKE, DISTRICT HEIGHTS, MD 20747-4343
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2026
$32,519,711
7420 Marlboro Pike LLC
Ohi Asset Md Forestville LLC
Special Warranty Deed
$400,000,000 · Monitor Funding LLC
Aug 6, 2021
$11,265,957
Ohi Asset Forestville LLC
Maryland Nh Asset LLC
Warranty Deed
—
Jun 20, 2008
$11,163,988
Maryland Nh Asset LLC
Ventas Realty
Grant Deed
related
$74,927,751 · Ohi Asset II Trust
Nov 22, 2002
$9,555,000
Ventas Realty LP
Millennium Holdings Vi LLC
Grant Deed
—
Sep 16, 2002
$6,840,000
Millennium Holdings Vi LLC
Regency Health Services INC
Grant Deed
related
$7,200,000 · Heller Healthcare Finance INC
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$787,000 · Ohi Asset III (pat) Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$2,051,000 · Ohi Asset III Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$2,350,000 · Ohi Asset III Trust
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$6,388,000 · Ohi Asset III Pa Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$3,000,000 · Ohi Asset III (pa) Trust (ct)
—
—
Maryland Nh Asset LLC
—
Deed Of Trust
related
$308,000 · Ohi Asset III (pa) Trust (ct)
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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