New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Distribution centers
8501 Ardwick Ardmore Rd, Landover, MD 20785-2304
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0359446
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1960
Construction
BRICK
Total area
16,613 SF
Lot
2.36 ac (102,758 SF)
Zoning code
IE
APN
20-2278646
UPID
US40-0359446
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Ardwick Development II LLC · 4 yrs held
Ardwick Development II LLC
since 2022
5 recorded transactions
Zoning & alternative use
IE · Landover, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$15,820
Tax year 2023
Assessed value
$1,422,700
Assessed 2023
Previous assessed
$1,345,000
+5.8% YoY
Effective rate
1.11%
On assessed value
Assessed land
$616,600
Assessed improvement
$806,100
Land market value
$616,600
Improvement market value
$806,100
Total market value
$1,422,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1960
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
16,613 SF
Lot
2.36 ac (102,758 SF)
Zoning code
IE
APN
20-2278646
UPID
US40-0359446
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.
Building & site characteristics
From public records
Year built
1960
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Ardwick Development II LLC
Entity
Mailing address
5101 WISCONSIN AVE NW STE #200, WASHINGTON, DC 20016-4136
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2023
—
Ardwick Development II LLC
—
Deed
related
$8,232,189 · John Marshall Bank
Mar 25, 2022
—
Ardwick Development II LLC
Berkeley M Shervin Revocable Trust
Special Warranty Deed
—
Feb 6, 2018
$1,775,000
Ardwick Development II LLC
Hillian Jeremiah
Grant Deed
—
Oct 12, 1999
$500,000
Jeremiah Hillian
White,robert
Grant Deed
$480,000 · First Union National Bank
—
—
Jeremiah Hillian
—
Deed Of Trust
related
$1,000,000 · General Electric Capital Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8501 Ardwick Ardmore Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
