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Property profile & analytics
OFF-MARKET
Estimated value
$5,525,000
Outlet malls
8401 Mike Shapiro Dr Clinton, MD 20735-2145
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-2288667
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2002
Construction
BRICK
Total area
53,204 SF
Lot
10.98 ac (478,289 SF)
Zoning code
CGO
APN
09-0865980
UPID
US40-2288667
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
-
WeAquatics Swimming School
-
One life fitness Gym & Fitness Center
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$5.53M
Owner & transaction history
Sw Clinton Fitness LLC · 3 yrs held
Sw Clinton Fitness LLC
since 2022
Last sale
$5.1M
4 recorded transactions
Zoning & alternative use
CGO · Clinton, 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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$5,995,000
ML approach
$5,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.53M
Range $4.97M – $6.08M · ±10% · vs last sale $5.10M (Aug 17 2022)
Last sale anchor
$5.10M
Aug 17 2022
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
$104 / 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
$56,083
Tax year 2023
Assessed value
$5,043,400
Assessed 2023
Previous assessed
$5,198,500
-3.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$4,782,800
Assessed improvement
$260,600
Land market value
$4,782,800
Improvement market value
$260,600
Total market value
$5,043,400
Applied tax rate
9.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
53,204 SF
Lot
10.98 ac (478,289 SF)
Zoning code
CGO
APN
09-0865980
UPID
US40-2288667
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Clinton, MDZoning CGO · permitted uses
CGO · Clinton, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
10.98 ac
Current owner
From public records · entity-resolved
Sw Clinton Fitness LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9595 WILSHIRE BLVD STE #700, BEVERLY HILLS, CA 90212-2507
Ownership since
2022
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
Mar 17, 2025
—
Sw Clinton Fitness LLC
—
Deed
related
$5,000,000 · Morgan Stanley Private Bank NA
Aug 17, 2022
$5,100,000
Sw Clinton Fitness LLC
Clinton Gym Building LLC
Special Warranty Deed
—
Aug 8, 2001
$3,900,000
Toys R Us-delaware INC
Union Bank Of California
Grant Deed
—
Nov 24, 1998
$1,400,000
Bank Of California
Dreyfuss,gilbert
Trustees Deed
related
—
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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