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Property profile & analytics
OFF-MARKET
Estimated value
$28,285,000
Office buildings
7800 Harkins Rd, Lanham, MD 20706-1333
Entity Owned
11-yr Hold
Free & Clear
Property ID
US40-1861117
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
108,864 SF
Lot
0.91 ac (39,578 SF)
Zoning code
RTOHC
APN
20-5554613
UPID
US40-1861117
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
Current use
Occupant on record · Public records
-
Maryland Affordable Housing Coalition Association Or Organization
-
Maryland Department of Housing and Community Development State Government Office Department Of Housing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.29M
Comparable Approach
Comparable
$17.32M
Blend (final)
Blend
$28.29M
Owner & transaction history
Berman Ents Nc Station LLC · 11 yrs held
Berman Ents Nc Station LLC
since 2015
6 recorded transactions
Zoning & alternative use
RTOHC · Lanham, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$45.4M
+63.8%
Auto repair, garage
$45.1M
+62.8%
Commercial (general)
$34.0M
+22.8%
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 Lanham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lanham 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%
$29,565,000
6.5%
$27,290,000
7%
$25,340,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$27,720,000
Current use
RETAIL STORES
$45,405,000
Change: +64% · Conversion: Moderate
AUTO REPAIR, GARAGE
$45,130,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$34,030,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$28.29M
Range $25.46M – $31.11M · ±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
$260 / 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
$459,528
Tax year 2023
Assessed value
$41,324,500
Assessed 2023
Previous assessed
$41,174,433
+0.4% YoY
Effective rate
1.11%
On assessed value
Assessed land
$791,500
Assessed improvement
$40,533,000
Land market value
$791,500
Improvement market value
$40,533,000
Total market value
$41,324,500
Applied tax rate
20.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
1
Total area
108,864 SF
Lot
0.91 ac (39,578 SF)
Zoning code
RTOHC
APN
20-5554613
UPID
US40-1861117
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RTOHC · Lanham, MD
Zoning RTOHC · permitted uses
RTOHC · Lanham, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lanham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$27.7M
RETAIL STORES
Est. value
$45.4M
AUTO REPAIR, GARAGE
Est. value
$45.1M
COMMERCIAL (GENERAL)
Est. value
$34.0M
OFFICE 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
2015
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Berman Ents Nc Station LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5410 EDSON LN STE #220, ROCKVILLE, MD 20852-3195
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Magdalena Ramiro Vea Ma
—
Deed
related
$13,095 · Bay Equity LLC
Sep 29, 2020
—
Javon E Alexander
—
Deed
related
$6,833 · Housing & Cmnty Dev Dept
Sep 16, 2020
—
Ambar M Pineda
—
Deed
related
$7,682 · Housing & Cmnty Dev Dept
Mar 17, 2015
—
Berman Ents Nc Station LLC
Vingarden Associates
Grant Deed
—
—
—
Ambar M Pineda
—
Deed Of Trust
related
$7,682 · Housing & Cmnty Dev Dept
—
—
Javon E Alexander
—
Deed Of Trust
related
$6,833 · Housing & Cmnty Dev Dept
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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