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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Turn key restaurants
7711 Eastern Ave, Takoma Park, MD 20912-4008
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-1106777
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Construction
BRICK
Total area
10,180 SF
Lot
0.56 ac (24,543 SF)
Zoning code
CRT22
APN
13-00978018
UPID
US40-1106777
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
$2.56M
Owner & transaction history
Kelly Potter Blair LLC · 10 yrs held
Kelly Potter Blair LLC
since 2015
3 recorded transactions
Zoning & alternative use
CRT22 · Takoma 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$251 / 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
$23,868
Tax year 2022
Assessed value
$1,550,100
Assessed 2023
Previous assessed
$1,521,200
+1.9% YoY
Effective rate
1.54%
On assessed value
Land market value
$800,100
Improvement market value
$778,900
Total market value
$1,579,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Construction
BRICK
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
10,180 SF
Lot
0.56 ac (24,543 SF)
Zoning code
CRT22
APN
13-00978018
UPID
US40-1106777
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT22 · Takoma Park, MD
Zoning CRT22 · permitted uses
CRT22 · 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.
Building & site characteristics
From public records
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Kelly Potter Blair LLC
Entity
Mailing address
7229 16TH ST NW, WASHINGTON, DC 20012-1539
Ownership since
2015
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
May 13, 2016
—
Kelly Potter Blair LLC
—
Deed
related
$3,611,000 · First Bk Fin'l Ctr
Aug 26, 2015
$1,565,000
Kelly Potter Blair LLC
Blair Mansion Inn INC
Deed
$3,511,000 · First Bank Financial Centre
—
—
Kelly Potter Blair LLC
—
Loan Modification
related
$3,611,000 · First Bk Fin'l Ctr
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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