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Property profile & analytics
OFF-MARKET
Estimated value
$13,740,000
Warehouses
8520 Pepco Pl Upper Marlboro, MD 20772-2500
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-1315114
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Total area
71,168 SF
Lot
7.83 ac (341,075 SF)
Zoning code
IE
APN
06-3947561
UPID
US40-1315114
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
-
Tsi office Construction Company
-
TSI Corporations Construction Company
-
Harris Company HVAC Service General Contractor
-
Mid Atlantic Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.80M
Blend (final)
Blend
$13.74M
Owner & transaction history
Exeter 8520 Pepco LP · 2 yrs held
Exeter 8520 Pepco LP
since 2024
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
IE · Upper Marlboro, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$21.6M
+35.1%
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 Upper Marlboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upper Marlboro 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
WAREHOUSE, STORAGE
$15,975,000
Current use
MEDICAL BUILDING
$21,590,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$13.74M
Range $12.37M – $15.11M · ±10% · vs last sale $14.50M (Apr 5 2024)
Last sale anchor
$14.50M
Apr 5 2024
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
$193 / 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
$98,952
Tax year 2023
Assessed value
$8,898,600
Assessed 2023
Previous assessed
$8,702,700
+2.3% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,875,900
Assessed improvement
$7,022,700
Land market value
$1,875,900
Improvement market value
$7,022,700
Total market value
$8,898,600
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
71,168 SF
Lot
7.83 ac (341,075 SF)
Zoning code
IE
APN
06-3947561
UPID
US40-1315114
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
IE · Upper Marlboro, MD
Zoning IE · permitted uses
IE · Upper Marlboro, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Upper Marlboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.0M
MEDICAL BUILDING
Est. value
$21.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
2014
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
7.83 ac
Current owner
From public records · entity-resolved
Exeter 8520 Pepco LP
Entity
Mailing address
8520 W PEPCO PL #250, UPPER MARLBORO, MD 20772-2500
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Exeter 8520 Pepco LP
—
Deed
related
$135,000,000 · Pgim Real Estate Loan Services INC
Jul 5, 2024
$14,500,000
Exeter 8520 Pepco LP
Cornell Associates LLC
Deed
$9,425,000 · Eqt Exeter Industrial Core Plus IV
Aug 28, 2018
—
Cornell Associates LLC
—
Deed
related
$505,202 · Old Line Bank
Feb 9, 2018
—
Cornell Associates LLC
—
Grant Deed
related
$1,900,000 · Old Line Bk
Jan 3, 2011
$1,850,000
Cornell Associates LLC
Eastgate Partners LLC
Deed
—
Oct 29, 2004
$725,000
Eastgate Partners LLC
Eastgate Investments LLC
Grant Deed
related
$7,500,000 · Branch Banking & Trust Co
Jul 29, 2003
—
Eastgate Investments LLC
—
Deed Of Trust
related
$1,000,000 · Branch Banking & Trust Co Va
Apr 3, 2003
—
Eastgate Investments LLC
—
Deed Of Trust
related
$1,000,000 · Stephen A Goldberg
Mar 4, 2003
—
Eastgate Investments LLC
Potomac Capital Inv Corp
Grant Deed
related
—
—
—
Cornell Associates LLC
—
Deed Of Trust
related
$6,073 · Branch Banking & Trust Co
—
—
Cornell Associates LLC
—
Deed Of Trust
related
$1,900,000 · Old Line Bk
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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