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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Industrial properties
8444 Ballew Ave Berwyn Heights, MD 20740-2205
Entity Owned
Free & Clear
Property ID
US40-0889477
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.03 ac (44,760 SF)
Zoning code
IE
APN
21-2291284
UPID
US40-0889477
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
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Charlton Heights Properties Lllp
Charlton Heights Properties Lllp
since 2025
Last sale
$925,000
5 recorded transactions
Zoning & alternative use
IE · Berwyn Heights, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from the high traffic generating commercial zones and residential communities, to provide lands to serve light industrial uses while prohibiting m…
Zone name
Industrial Employment
General category
INDUSTRIAL
Zone area
10.76 ac
Source
Realmo
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 Berwyn Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berwyn Heights 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
$940,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $925k (Oct 22 2020)
Last sale anchor
$925k
Oct 22 2020
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
—
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
$5,625
Tax year 2023
Assessed value
$370,300
Assessed 2023
Previous assessed
$370,300
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$358,000
Assessed improvement
$12,300
Land market value
$358,000
Improvement market value
$12,300
Total market value
$370,300
Applied tax rate
75.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.03 ac (44,760 SF)
Zoning code
IE
APN
21-2291284
UPID
US40-0889477
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Berwyn Heights, MDZoning IE · permitted uses
IE · Berwyn Heights, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Industrial, Employment (IE) Zone are to provide for a mix of employment, research and development, and light industrial development, with an expectation of high quality design that is set apart from the high traffic generating commercial zones and residential communities, to provide lands to serve light industrial uses while prohibiting more intensive forms of industrial development.
Zone name
Industrial Employment
General category
INDUSTRIAL
Zone area
10.76 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.03 ac
Current owner
From public records · entity-resolved
Charlton Heights Properties Lllp
Entity
Free & Clear · 0 yrs held
Mailing address
10518 WARFIELD ST, KENSINGTON, MD 20895-2424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Nov 24, 2025
$2,075,000
Charlton Heights Properties Lllp
Shorb Properties II LLC
Deed
—
Oct 22, 2020
$925,000
Shorb Properties Hu LLC
Tobin Berwyn LLC
Grant Deed
$725,000 · Tobin Berwyn LLC
Aug 11, 2020
—
Tobin Berwyn LLC
Tobin Berwyn LLC
Correction Deed
related
—
Mar 14, 2014
—
Matthew O Tobin
Tobin Robert G JR Trust B
Quit Claim Deed
related
—
Dec 21, 2010
—
Matthew O Tobin
Tobin Robert G Trust
Quit Claim 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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