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Property profile & analytics
FOR LEASE
Distribution centers
8230 Preston Ct, Jessup, MD 20794
Individually Owned
8-yr Hold
Free & Clear
Property ID
US40-0710442
For Lease
$7,260,000
8230 Preston Ct, Jessup, MD 20794
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
72,240 SF
Lot
4.49 ac (195,584 SF)
Zoning code
M2
APN
06-504566
UPID
US40-0710442
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
-
Velocity Express Trucking Company
-
Central Sprinkler Corporation Fire Station
-
Dynamex - Jessup Shipping Company Freight Service
-
Naturally Fresh Inc Grocery & Convenience Store Food Market
-
Ambient Bamboo Flooring & Building Products Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.26M
Owner & transaction history
Bre Foxtrot 8230 Preston Court · 8 yrs held
Bre Foxtrot 8230 Preston Court
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$100 / 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
$55,776
Tax year 2022
Assessed value
$5,117,067
Assessed 2023
Previous assessed
$4,953,500
+3.3% YoY
Effective rate
1.09%
On assessed value
Land market value
$814,900
Improvement market value
$4,629,300
Total market value
$5,444,200
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
For Lease
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
72,240 SF
Lot
4.49 ac (195,584 SF)
Zoning code
M2
APN
06-504566
UPID
US40-0710442
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
4.49 ac
Current owner
From public records · entity-resolved
Bre Foxtrot 8230 Preston Court
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2018
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
Dec 5, 2025
—
Bre Foxtrot 8230 Preston Court LLC
—
Deed
related
$145,000,000 · Wells Fargo Bank NA
May 11, 2022
—
Bre Foxtrot 8230 Preston Court LLC
—
Deed
related
$184,000,000 · Morgan Stanley Bank NA
Dec 4, 2020
—
Bre Foxtrot 8230 Preston Court LLC
—
Deed
related
$741,500 · Jpmorgan Chase Bank NA
Jun 28, 2018
—
Bre Foxtrot 8230 Preston Court LLC
—
Deed
related
$298,180 · Suntrust Bank
Jun 22, 2018
$6,500,000
Bre Foxtrot 8230 Preston Court
Frp Preston Court LLC
Grant Deed
—
Jul 23, 2015
—
Frp Preston Court LLC
Frp Dev Corp
Quit Claim Deed
—
Aug 8, 1997
—
Frp Development Corp
—
Deed Of Trust
related
$4,900,000 · Principal Mutual Life Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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