Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7805 Lockney Ave Takoma Park, MD 20912-7436

    • Residential income homes
    • 1,680 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $665,000
    Last Sale
    Jan 15, 2021
    $602,500
    Location Intelligence
    Property ID
    US40-1515345
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 7805 Lockney Ave

    Year built
    1954
    Lot size
    0.17 lot acres
    Property size
    1,680 SF
    Zone code
    R30
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    13-03165328
    APU
    1303165328

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $510,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $600,000
      Mixed-Use
      $670,000
      Hospitality
      $515,000
      Educational
      $640,000
      Residential Income
      $545,000
      Energy
      $570,000
      Income-Based Land
      $535,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Takoma Park
    County
    Montgomery
    State
    Maryland
    Longitude
    -76.9904
    Latitude
    38.9883
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,007
    $0.00
    $0.00
    $553,400
    -
    $384,700
    $206,200
    $590,900

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      7804 Kennewick Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,680 SF
      7804 Kennewick Ave, Takoma Park, MD 20912-7429
      View Details
    • Value Estimation by Request
      1,680 SF

      7806 Kennewick Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,680 SF
      7806 Kennewick Ave, Takoma Park, MD 20912-7430
      View Details
    • Value Estimation by Request
      3,612 SF

      7006 Carroll Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,612 SF
      7006 Carroll Ave, Takoma Park, MD 20912-4436
      View Details
    • Value Estimation by Request
      2,421 SF

      703 Chaney Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,421 SF
      703 Chaney Dr, Takoma Park, MD 20912-6363
      View Details
    • Value Estimation by Request
      1,680 SF

      7808 Kennewick Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,680 SF
      7808 Kennewick Ave, Takoma Park, MD 20912-7431
      View Details
    • Value Estimation by Request
      1,680 SF

      7906 Kennewick Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,680 SF
      7906 Kennewick Ave, Takoma Park, MD 20912-7414
      View Details

    Similar Nearby for Sale

    • $139,900
      456 SF

      Updated Studio in Prime Location

      Move-in ready studio with modern upgrades and transit accessibility.
      7333 New Hampshire Ave, Takoma Park, MD 20912
      View Details
    • $695,000
      Pending

      Takoma Park Multi-Unit Investment Opportunity

      Five-unit property near downtown Takoma Park, sold occupied.
      7128 Carroll Ave, Takoma Park, MD 20912
      View Details
    • $545,000
      2,237 SF

      Takoma Park Three-Unit Property

      Three-unit property in Takoma Park with rental potential.
      7916 Long Branch Pkwy, Takoma Park, MD 20912
      View Details
    • $799,000
      2,224 SF

      Takoma Park Multifamily Investment Opportunity

      Four-unit brick building in Takoma Park, MD, with income potential.
      7902 Garland Ave, Takoma Park, MD 20912
      View Details
    • $799,990

      Multifamily Property in Takoma Park

      Multifamily property featuring multiple kitchens and bathrooms.
      7427 Carroll Ave, Takoma Park, MD 20912
      View Details
    • $600,000
      0.15 Acres

      Land in Takoma Park, MD

      Investment opportunity: land for sale in Takoma Park, Maryland.
      911 Sligo Creek Pkwy, Takoma Park, MD 20912
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Historic District Residential/Commercial Unit

      One-bedroom lower-level unit suitable for residential or commercial use.
      7206 Carroll Ave, Takoma Park, MD 20912
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space on New Hampshire

      Retail space for lease in Takoma Park, Maryland.
      6501-6533 New Hampshire Ave, Takoma Park, MD 20912
      View Details
    • $33 SF/Yr
      50,256 SF

      Crossroads Professional Building, Takoma Park

      Prime Takoma Park Office Space Available
      7676 New Hampshire Ave, Takoma Park, MD 20912
      View Details
    • $2,500 /Mo

      Retail/Office Sublease Opportunity

      Retail or office space available for sublease with high traffic.
      1327 University Blvd E, Takoma Park, MD 20912
      View Details
    • $2,200 /Mo
      600 SF

      Retail Space Near Washington DC

      600 SF retail space near Washington DC.
      8000-8004 Flower Ave, Takoma Park, MD 20912
      View Details
    • $3,995 /Mo

      Takoma Park Historic District Mixed-Use

      Arts and Crafts property suitable for office or residential use.
      7206 Carroll Ave, Takoma Park, MD 20912
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7805 Lockney Ave
    Takoma Park, MD 20912-7436
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.