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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Specialty properties
8050 Greenmead Dr College Park, MD 20740-4004
Individually Owned
Free & Clear
Property ID
US40-1063845
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2003
Total area
6,364 SF
Lot
6.08 ac (264,845 SF)
Zoning code
RR
APN
21-3714334
UPID
US40-1063845
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
-
Laboratory For Physical Sci Laboratory
-
UMD LPS Qubit Collaboratory (LQC) Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.11M
Owner & transaction history
UNIVERSITY MD BRD REGENTS
UNIVERSITY MD BRD REGENTS
Zoning & alternative use
RR · College Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Residential, Rural (RR) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize their natural terrain, to facilitate the planning of single family residential developments with moderately large lots and dwellings of various sizes and s…
Zone name
Residential Rural
General category
RESIDENTIAL
Zone area
1,023.43 ac
Source
Realmo
Top alternative use upside
Office building
$1.7M
+155.7%
Restaurant
$1.7M
+149.1%
Commercial (general)
$1.5M
+124.4%
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$675,000
Current use
OFFICE BUILDING
$1,725,000
Change: +156% · Conversion: Difficult
RESTAURANT
$1,680,000
Change: +149% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,515,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$1,165,000
Change: +73% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$950,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$945,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$174 / 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
$23,240
Tax year 2023
Assessed value
$2,089,967
Assessed 2023
Previous assessed
$2,084,033
+0.3% YoY
Effective rate
1.11%
On assessed value
Land market value
$932,000
Improvement market value
$1,163,900
Total market value
$2,095,900
Applied tax rate
21.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2003
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
6,364 SF
Lot
6.08 ac (264,845 SF)
Zoning code
RR
APN
21-3714334
UPID
US40-1063845
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RR · College Park, MDZoning RR · permitted uses
RR · College Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Residential, Rural (RR) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize their natural terrain, to facilitate the planning of single family residential developments with moderately large lots and dwellings of various sizes and styles.
Zone name
Residential Rural
General category
RESIDENTIAL
Zone area
1,023.43 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$675,000
OFFICE BUILDING
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$950,000
RETAIL STORES
Est. value
$945,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2003
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
6.08 ac
Current owner
From public records · entity-resolved
UNIVERSITY MD BRD REGENTS
Individual
Free & Clear · 0 yrs held
Mailing address
UNIVERSITY OF MARYLAND, COLLEGE PARK, MD 20742-0001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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