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Property profile & analytics
OFF-MARKET
Strip malls
7637 New Hampshire Ave, Adelphi, MD 20783
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0093199
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1953
Construction
BRICK
Total area
22,480 SF
Lot
1.09 ac (47,500 SF)
Zoning code
CRT2.
APN
13-03166983
UPID
US40-0093199
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gcp Tlc Propco LLC · 3 yrs held
Gcp Tlc Propco LLC
since 2022
Last sale
$57.8M
5 recorded transactions
Zoning & alternative use
CRT2. · Adelphi, 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 Adelphi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adelphi 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$129,227
Tax year 2022
Assessed value
$7,458,900
Assessed 2023
Previous assessed
$7,458,900
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$2,064,800
Assessed improvement
$5,394,100
Land market value
$2,064,800
Improvement market value
$5,394,100
Total market value
$7,458,900
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1953
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
22,480 SF
Lot
1.09 ac (47,500 SF)
Zoning code
CRT2.
APN
13-03166983
UPID
US40-0093199
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT2. · Adelphi, MD
Zoning CRT2. · permitted uses
CRT2. · Adelphi, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Adelphi. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Gcp Tlc Propco LLC
Entity
Mailing address
5500 MACARTHUR BLVD NW, WASHINGTON, DC 20016-2536
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
$57,750,000
Gcp Tlc Propco LLC
Jbg Takoma Retail Center LLC
Special Warranty Deed
$37,537,500 · Sandy Spring Bank
Jul 14, 2015
$36,532,870
Jbg Of Takoma Retail Center LLC
An Wg Takoma LP
Grant Deed
—
Jul 14, 2015
—
Jbg Of Takoma Retail Center LLC
Takoma Langley Improvements Ll
Quit Claim Deed
related
—
Jan 15, 2014
$35,600,000
An Wg Takoma LP
Walgreen Co
Special Warranty Deed
—
Feb 27, 2007
$35,500,000
Walgreen Co
Takoma Langley Improvements
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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