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Property profile & analytics
OFF-MARKET
Estimated value
$10,415,000
Distribution centers
7850 Oceano Ave, Jessup, MD 20794-9832
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-1207742
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1978
Construction
STEEL FRAME
Total area
112,448 SF
Lot
5.52 ac (240,451 SF)
Zoning code
M2
APN
06-439705
UPID
US40-1207742
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
-
AMI Installations, Inc. Renovation Specialist Hardware & Home Improvement
-
The Big Screen Store Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.40M
Comparable Approach
Comparable
$12.06M
Blend (final)
Blend
$10.42M
Owner & transaction history
Oceano LLC · 5 yrs held
Oceano LLC
since 2021
Last sale
$10.3M
7 recorded transactions
Zoning & alternative use
M2 · Jessup, 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 Jessup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jessup 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
$8,095,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,345,000
6.5%
$11,395,000
7%
$10,580,000
Blend value · Realmo final
$10.42M
Range $9.37M – $11.46M · ±10% · vs last sale $10.26M (Jun 21 2021)
Last sale anchor
$10.26M
Jun 21 2021
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
$93 / 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
$34,892
Tax year 2022
Assessed value
$5,201,567
Assessed 2023
Previous assessed
$3,098,800
+67.9% YoY
Effective rate
0.67%
On assessed value
Land market value
$1,202,200
Improvement market value
$8,204,900
Total market value
$9,407,100
Applied tax rate
6.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
112,448 SF
Lot
5.52 ac (240,451 SF)
Zoning code
M2
APN
06-439705
UPID
US40-1207742
Jurisdiction
HOWARD
Zoning & alternative use
M2 · Jessup, MD
Zoning M2 · permitted uses
M2 · Jessup, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jessup. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
5.52 ac
Current owner
From public records · entity-resolved
Oceano LLC
Entity
Mailing address
7247 NATIONAL DR, HANOVER, MD 21076-1324
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Oceano LLC
—
Deed
related
$3,100,000 · Tara Marie Strafaci Perry
Feb 18, 2022
—
Oceano LLC
—
Deed
related
$4,212,000 · Business Finance Group INC
Jun 21, 2021
$10,257,702
Oceano LLC
Helix Logistics Assets LLC
Special Warranty Deed
$5,130,000 · Sandy Spring Bank
Jun 21, 2021
—
Oceano LLC
—
Deed
related
$4,100,000 · Sandy Spring Bank
Apr 2, 2019
—
Helix Logistics Assets LLC
Anson Logistics Assets LLC
Grant Deed
—
Oct 1, 2018
$7,726,374
Anson Logistics Assets LLC
Maryland Warehouse LLC
Grant Deed
related
—
Jan 6, 2006
—
Maryland Warehouse LLC
Maryland Warehouse Assocs LLP
Quit Claim Deed
related
—
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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