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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Office buildings
8151 15th Ave Hyattsville, MD 20783-3501
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US40-0941670
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
6,683 SF
Lot
0.66 ac (28,857 SF)
Zoning code
LTOE
APN
17-3952918
UPID
US40-0941670
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
-
Casa de maryland Community Center
-
CASA in Action Advocacy Group Volunteer Organization
-
Langley Park Park
-
School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.46M
Owner & transaction history
Casa De Maryland INC · 10 yrs held
Casa De Maryland INC
since 2016
6 recorded transactions
Zoning & alternative use
LTOE · Hyattsville, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+85.1%
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 Hyattsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hyattsville 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
OFFICE BUILDING
$1,205,000
Current use
COMMERCIAL (GENERAL)
$2,230,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$218 / 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
$15,362
Tax year 2023
Assessed value
$1,381,500
Assessed 2023
Previous assessed
$1,352,200
+2.2% YoY
Effective rate
1.11%
On assessed value
Land market value
$144,200
Improvement market value
$1,266,600
Total market value
$1,410,800
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1940
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
6,683 SF
Lot
0.66 ac (28,857 SF)
Zoning code
LTOE
APN
17-3952918
UPID
US40-0941670
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LTOE · Hyattsville, MD
Zoning LTOE · permitted uses
LTOE · Hyattsville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hyattsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING Current
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
1940
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Casa De Maryland INC
Entity
Mailing address
8151 15TH AVE, HYATTSVILLE, MD 20783-3501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jan 11, 2016
—
Casa De Maryland INC
Casa Workers Mansion LLC
Quit Claim Deed
related
—
Sep 11, 2008
—
Casa Workers Mansion LLC
Willowbrook
Grant Deed
related
—
—
—
Casa Workers Mansion LLC
—
Deed Of Trust
related
$1,960,698 · Bank Of America
—
—
Casa Workers Mansion LLC
—
Deed Of Trust
related
$2,466,262 · Esic New Mkts Ptrs Xxxiii LP
—
—
Casa Workers Mansion LLC
—
Deed Of Trust
related
$2,000,000 · Banc/america Historic New Vent
—
—
Casa Workers Mansion LLC
—
Deed Of Trust
related
$5,438,423 · Esic New Mkts Ptrs Xxxii LP
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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