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Property profile & analytics
OFF-MARKET
Estimated value
$3,520,000
Office buildings
8319 Ardwick Ardmore Rd Landover, MD 20785-1622
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-1528230
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
BRICK
Total area
3,440 SF
Lot
1.53 ac (66,488 SF)
Zoning code
IE
APN
20-2195006
UPID
US40-1528230
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.52M
Owner & transaction history
8319 Ardwick Ardmore LLC · 4 yrs held
8319 Ardwick Ardmore LLC
since 2021
Last sale
$3.2M
4 recorded transactions
Zoning & alternative use
IE · Landover, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.7M
+331.7%
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 Landover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landover 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
$3,880,000
ML approach
$3,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,680,000
Change: +332% · Conversion: Difficult
Blend value · Realmo final
$3.52M
Range $3.17M – $3.87M · ±10% · vs last sale $3.15M (Dec 13 2021)
Last sale anchor
$3.15M
Dec 13 2021
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
$1,023 / 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
$16,965
Tax year 2023
Assessed value
$1,525,600
Assessed 2023
Previous assessed
$1,417,067
+7.7% YoY
Effective rate
1.11%
On assessed value
Assessed land
$697,300
Assessed improvement
$828,300
Land market value
$697,300
Improvement market value
$828,300
Total market value
$1,525,600
Applied tax rate
20.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
2
Total area
3,440 SF
Lot
1.53 ac (66,488 SF)
Zoning code
IE
APN
20-2195006
UPID
US40-1528230
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Landover, MD
Zoning IE · permitted uses
IE · Landover, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Landover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
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
1969
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
2
Units
2
Lot
1.53 ac
Current owner
From public records · entity-resolved
8319 Ardwick Ardmore LLC
Entity
Mailing address
925 MERRITT BLVD, DUNDALK, MD 21222-1435
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2025
—
8319 Ardwick Ardmore LLC
—
Deed
related
$2,125,200 · Truist Bank
Dec 13, 2021
$3,150,000
8319 Ardwick Ardmore LLC
8319 Ardwick Ardmore LLC
Special Warranty Deed
$6,360,000 · Manufacturers & Traders Trust Co
May 19, 2008
$1,740,000
8319 Ardwick Ardmore LLC
Landover Investments LLC
Grant Deed
$1,811,000 · Manufacturers Traders & Trust
Sep 8, 1999
$1,050,000
Landover Investments LLC
Penske Truck Leasing Co LP
Grant Deed
$1,000,000 · Mercantile-safe Deposit & Trus
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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