Entity Owned Property summary
AI-generated overview
The property is a ground-level retail space totaling 2,739 square feet within Aventon Crown, a multi-family apartment building with 386 residential units. It is located in the center of the Crown development at the intersection of Fields Road and Decoverly Drive, with access facilitated by a nearby traffic signal and designated retail parking. The surrounding area includes established residential demographics, with average household income exceeding $148,259 within a 3-mile radius.
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2021
Total area
385,641 SF
Lot
2.65 ac (115,434 SF)
Zoning code
MXD
APN
09-03841817
UPID
US40-1149589
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$150.00M
CAP Approach
CAP
$112.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$150.00M
Owner & transaction history
since 2024
Last sale
$150.0M
1 recorded transaction
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$150.00M
Value range
$135.00M – $165.00M
±10% around blend
Estimated value / SF
$389 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$135.00M
blend $150.00M
$165.00M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
385,641 SF
Lot area
2.65 ac
Year built
2021
Stories
8
APN
09-03841817
Zoning
MXD
Assessed value
$63,884,700
Annual tax
$768,372
3
Income approach: direct capitalization
Partial preview
Income approach indication
$112.59M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$121.97M
@ 6.5% CAP return
$112.59M
@ 7% CAP return
$104.55M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$150.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 39 sales
$1,827
-79%
County 241 sales
$1,101
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $389/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.90%
Implied, in-place cap rate for this residential income homes
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.90%
9.0%
NOI (est.)
$10.50M *
Last sale · Dec 2024
$150.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$214.29M
Move the market yield to see immediate price impact.
Value / SF
$556
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.40%4.90%5.40%
$9.45M
$214.77M
$192.86M
$175.00M
$10.50M
$238.64M
$214.29M
$194.44M
$11.55M
$262.50M
$235.71M
$213.89M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$768,372
Tax year 2022
Assessed value
$63,884,700
Assessed 2023
Previous assessed
$63,884,700
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$11,760,000
Assessed improvement
$52,124,700
Land market value
$11,760,000
Improvement market value
$52,124,700
Total market value
$63,884,700
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
8
Units
1
Total area
385,641 SF
Lot
2.65 ac (115,434 SF)
Zoning code
MXD
APN
09-03841817
UPID
US40-1149589
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MDZoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
8
Units
1
Lot
2.65 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MXD
MIXED_USE
Jurisdiction
Gaithersburg, MD
Recorded code
MXD
Official district
MXD
Official district profile
What the municipal code says about MXD
Zoning description
The purpose of MXD zone is to provide a more flexible approach to the comprehensive design and development of multi use projects
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MXD in Gaithersburg, MD.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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