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Property profile & analytics
OFF-MARKET
Estimated value
$144,210,000
Commercial real estate
7600 Carroll Ave, Takoma Park, MD 20912-6367
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1207409
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
314,226 SF
Lot
14.21 ac (618,831 SF)
Zoning code
R60
APN
13-01080256
UPID
US40-1207409
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
by Request
Comparable Approach
Comparable
$148.45M
Blend (final)
Blend
$144.21M
Owner & transaction history
Columbia Union College INC · 22 yrs held
Columbia Union College INC
since 2004
3 recorded transactions
Zoning & alternative use
R60 · Takoma Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$149.7M
+22.9%
Retail stores
$139.0M
+14.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$121,835,000
Current use
INDUSTRIAL (GENERAL)
$149,725,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$139,010,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$103,800,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$98,345,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$144.21M
Range $129.79M – $158.63M · ±10%
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
$459 / 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
$37,622
Tax year 2022
Assessed value
$50,975,567
Assessed 2023
Previous assessed
$50,974,033
+0.0% YoY
Effective rate
0.07%
On assessed value
Land market value
$12,704,600
Improvement market value
$38,272,500
Total market value
$50,977,100
Applied tax rate
23.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
5
Total area
314,226 SF
Lot
14.21 ac (618,831 SF)
Zoning code
R60
APN
13-01080256
UPID
US40-1207409
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R60 · Takoma Park, MD
Zoning R60 · permitted uses
R60 · 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
COMMERCIAL (GENERAL) Current
Est. value
$121.8M
INDUSTRIAL (GENERAL)
Est. value
$149.7M
RETAIL STORES
Est. value
$139.0M
OFFICE BUILDING
Est. value
$103.8M
WAREHOUSE, STORAGE
Est. value
$98.3M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1950
Heating
NONE
Cooling
Yes
Stories
5
Lot
14.21 ac
Current owner
From public records · entity-resolved
Columbia Union College INC
Entity
Free & Clear · 22 yrs held
Mailing address
820 W DIAMOND AVE STE #600, GAITHERSBURG, MD 20878-1469
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2016
—
Adventist Healthcare INC
—
Loan Modification
related
$525,000,000 · * Other Institutional Lenders
Jan 23, 2004
$1,593
Columbia Union College INC
Adventist Healthcare INC
Grant Deed
related
—
—
—
Adventist Healthcare INC
—
Deed Of Trust
related
$542,253 · Maryland Health&higher Educ
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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