Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Office buildings
8516 Rainswood Dr Landover, MD 20785-2322
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0319683
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
BRICK
Total area
9,744 SF
Lot
1.99 ac (86,780 SF)
Zoning code
IE
APN
20-2200541
UPID
US40-0319683
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
$2.45M
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$2.50M
Owner & transaction history
Blt Properties LLC · 7 yrs held
Blt Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
IE · Landover, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+131.3%
Auto repair, garage
$4.0M
+129.9%
Commercial (general)
$3.3M
+85.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,645,000
6.5%
$2,445,000
7%
$2,270,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,755,000
Current use
RETAIL STORES
$4,065,000
Change: +131% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,040,000
Change: +130% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,250,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±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
$256 / 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
$29,484
Tax year 2023
Assessed value
$2,651,400
Assessed 2023
Previous assessed
$2,279,467
+16.3% YoY
Effective rate
1.11%
On assessed value
Assessed land
$864,600
Assessed improvement
$1,786,800
Land market value
$864,600
Improvement market value
$1,786,800
Total market value
$2,651,400
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
1971
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
9,744 SF
Lot
1.99 ac (86,780 SF)
Zoning code
IE
APN
20-2200541
UPID
US40-0319683
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
OFFICE BUILDING Current
Est. value
$1.8M
RETAIL STORES
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1971
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
1.99 ac
Current owner
From public records · entity-resolved
Blt Properties LLC
Entity
Mailing address
8516 RAINSWOOD DR, LANDOVER, MD 20785-2322
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 3, 2019
$2,750,000
Blt Properties LLC
Harris Properties LLC
Deed
$2,200,000 · Revere Bank
Jul 11, 2001
$1,200,000
Harris Properties LLC
Bader,judith L
Grant Deed
$1,130,000 · Eagle Bank
Jul 11, 2001
—
Judith L Bader
Rainswood Property Group
Grant Deed
related
—
—
—
Harris Properties LLC
—
Deed Of Trust
related
$390,000 · Eagle Bank
—
—
Harris Properties LLC
—
Deed Of Trust
related
$1,325,000 · Severn Svgs Bk Fsb
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 8516 Rainswood Dr?
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.
