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Property profile & analytics
OFF-MARKET
Estimated value
$11,415,000
Distribution centers
8255 Patuxent Range Rd, Jessup, MD 20794-9600
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0812663
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
58,225 SF
Lot
12.23 ac (532,739 SF)
Zoning code
M2
APN
06-494528
UPID
US40-0812663
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
-
Carber Power Technologies Big Box & Wholesale Store
-
Native Floral Group Big Box & Wholesale Store
-
BASF Corporation Chemical Plant
-
Nippon Express USA Freight Service Logistics Company
-
Site Link Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.68M
Blend (final)
Blend
$11.42M
Owner & transaction history
Ci Baltimore I-pru LLC · 8 yrs held
Ci Baltimore I-pru LLC
since 2017
5 recorded transactions
Zoning & alternative use
M2 · Jessup, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$17.4M
+63.5%
Commercial (general)
$13.9M
+30.4%
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 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
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
WAREHOUSE, STORAGE
$10,630,000
Current use
RETAIL STORES
$17,380,000
Change: +63% · Conversion: Moderate
COMMERCIAL (GENERAL)
$13,870,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$9,805,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$11.42M
Range $10.27M – $12.56M · ±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
$196 / 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
$162,007
Tax year 2022
Assessed value
$15,475,967
Assessed 2023
Previous assessed
$14,387,800
+7.6% YoY
Effective rate
1.05%
On assessed value
Land market value
$2,663,600
Improvement market value
$14,988,700
Total market value
$17,652,300
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
58,225 SF
Lot
12.23 ac (532,739 SF)
Zoning code
M2
APN
06-494528
UPID
US40-0812663
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.6M
RETAIL STORES
Est. value
$17.4M
COMMERCIAL (GENERAL)
Est. value
$13.9M
OFFICE BUILDING
Est. value
$9.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
12.23 ac
Current owner
From public records · entity-resolved
Ci Baltimore I-pru LLC
Entity
Mailing address
1412 MAIN ST STE #1500, DALLAS, TX 75202-4801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
—
Ci Baltimore I Pru LLC
—
Deed
related
—
Jan 21, 2020
—
Ci Baltimore I Pru LLC
—
Deed
related
—
Nov 21, 2017
—
Ci Baltimore I-pru LLC
Colfin 2016-1 Indl Owner LLC
Quit Claim Deed
related
$104,400,000 · Miscellaneous Ins Co
Feb 24, 2016
$17,625,000
Colfin 2016-1 Industrial Owner
Gateway Brentwood INC
Grant Deed
—
Oct 15, 1998
$7,358,000
Gateway Brentwood INC
Abkb Atlantic Coast Real Estat
Grant Deed
—
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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