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Property profile & analytics
OFF-MARKET
Estimated value
$17,390,000
Apartment buildings
7501 Blair Rd Takoma Park, MD 20912-4026
Entity Owned
5-yr Hold
Property ID
US40-1272263
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Total area
70,470 SF
Lot
2.46 ac (106,995 SF)
Zoning code
R10
APN
13-00953680
UPID
US40-1272263
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
by Request
CAP Approach
CAP
$17.90M
Comparable Approach
Comparable
$20.60M
Blend (final)
Blend
$17.39M
Owner & transaction history
Azalea Owner LLC · 5 yrs held
Azalea Owner LLC
since 2020
Last sale
$14.9M
1 recorded transaction
Zoning & alternative use
R10 · Takoma Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$27.3M
+50.2%
Office building
$23.3M
+28.0%
Warehouse, storage
$22.1M
+21.3%
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 Takoma Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Takoma 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
$20,730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,390,000
6.5%
$17,900,000
7%
$16,620,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$18,190,000
Current use
COMMERCIAL (GENERAL)
$27,325,000
Change: +50% · Conversion: Moderate
OFFICE BUILDING
$23,280,000
Change: +28% · Conversion: Moderate
WAREHOUSE, STORAGE
$22,055,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$17.39M
Range $15.65M – $19.13M · ±10% · vs last sale $14.85M (Aug 5 2020)
Last sale anchor
$14.85M
Aug 5 2020
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
$247 / 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
$137,426
Tax year 2022
Assessed value
$12,602,233
Assessed 2023
Previous assessed
$12,602,233
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$4,134,800
Improvement market value
$9,372,300
Total market value
$13,507,100
Applied tax rate
38.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
NONE
Stories
4
Units
80
Total area
70,470 SF
Lot
2.46 ac (106,995 SF)
Zoning code
R10
APN
13-00953680
UPID
US40-1272263
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R10 · Takoma Park, MD
Zoning R10 · permitted uses
R10 · Takoma Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Takoma Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$18.2M
COMMERCIAL (GENERAL)
Est. value
$27.3M
OFFICE BUILDING
Est. value
$23.3M
WAREHOUSE, STORAGE
Est. value
$22.1M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1966
Heating
NONE
Stories
4
Units
80
Lot
2.46 ac
Current owner
From public records · entity-resolved
Azalea Owner LLC
Entity
Mailing address
1925 OLD VLY RD #1, STEVENSON, MD 21153-0670
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2020
$14,850,000
Azalea Owner LLC
Montgomery Gardens Lllp
Special Warranty Deed
$12,240,000 · Capital One Bank NA
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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