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Property profile & analytics
FOR LEASE
Office buildings
8507 Oxon Hill Rd Fort Washington, MD 20744
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US40-0343144
For Lease
1 / 6
$6,730,000
8507 Oxon Hill Rd, Fort Washington, MD 20744
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
BRICK
Total area
39,196 SF
Lot
1.28 ac (55,757 SF)
Zoning code
CGO
APN
12-1262914
UPID
US40-0343144
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
-
301 749 0096 Hospital
-
Arbiter Consulting Group LLC Business Service Center
-
Bella Butterfly Effect Alternative Medicine Practice Spa & Massage Center
-
Galaxy Consulting LLC Association / Organization
-
Community Services Group, LLC Property Management Company Debt Collection Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.93M
Blend (final)
Blend
$6.73M
Owner & transaction history
Ikon L L C Jemals · 27 yrs held
Ikon L L C Jemals
since 1999
5 recorded transactions
Zoning & alternative use
CGO · Fort Washington, 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 Fort Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Washington 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
OFFICE BUILDING
$9,980,000
Current use
Blend value · Realmo final
$6.73M
Range $6.06M – $7.40M · ±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
$172 / 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
$29,998
Tax year 2023
Assessed value
$2,697,700
Assessed 2023
Previous assessed
$2,580,200
+4.6% YoY
Effective rate
1.11%
On assessed value
Land market value
$347,000
Improvement market value
$2,468,200
Total market value
$2,815,200
Applied tax rate
12.0000
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
For Lease
Year built
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
3
Units
1
Total area
39,196 SF
Lot
1.28 ac (55,757 SF)
Zoning code
CGO
APN
12-1262914
UPID
US40-0343144
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CGO · Fort Washington, MD
Zoning CGO · permitted uses
CGO · Fort Washington, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Washington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.0M
OFFICE BUILDING Current
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
1990
Construction
BRICK
Heating
HEAT PUMP
Stories
3
Units
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Ikon L L C Jemals
Individual
Mailing address
655 NEW YORK AVE NW STE #830, WASHINGTON, DC 20001-5795
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
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
May 10, 2019
—
Jemals Ikon LLC
—
Grant Deed
related
$1,935,903 · Miscellaneous Ins Co
May 18, 2001
—
Jemals Ikon LLC
—
Deed Of Trust
related
$3,150,000 · Equitable Bank
Feb 19, 1999
$1,600,000
Ikon L L C Jemals
Mpi Business
Grant Deed
—
—
—
Jemals Ikon LLC
—
Deed Of Trust
related
$2,200,000 · First Virginia Community Bank
—
—
Jemals Ikon LLC
—
Deed Of Trust
related
$492,625 · Branch Banking & Trust Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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