Entity Owned Property summary
AI-generated overview
The property is a four-story, Class A office building totaling 163,450 square feet, featuring a two-story lobby with an interior fountain. It is equipped with redundant electrical power feeding from the High Ridge substation and has a building design with average column spacing of approximately 25 by 30 feet. Building systems include energy-efficient lighting and HVAC, and the property is LEED Gold certified. The building envelope includes Low-E glass, and the roof system is designed to reflect light and help reduce the heat island effect. The site is complemented by surrounding permanent open space totaling 215 acres, and parking is provided on-site in a free, unreserved configuration at a stated ratio of 4 spaces per 1,000 square feet leased.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
CONCRETE
Total area
156,320 SF
Lot
10.61 ac (462,259 SF)
Zoning code
PEC
APN
06-572219
UPID
US40-0492537
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Federal Government Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$63.49M
Blend (final)
Blend
$25.66M
Owner & transaction history
since 2013
6 recorded transactions
Zoning & alternative use
PEC · Laurel, MD
Top alternative use upside
Auto repair, garage
$57.6M
+25.1%
Retail stores
$46.7M
+1.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$25.66M
Value range
$23.09M – $28.22M
±10% around blend
Estimated value / SF
$164 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$23.09M
blend $25.66M
$28.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
156,320 SF
Lot area
10.61 ac
Year built
2010
Stories
4
APN
06-572219
Zoning
PEC
Assessed value
$35,127,000
Annual tax
$388,816
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$12.63M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.5 mi away · 140,244 SF
17.1 mi away · 158,838 SF
17.2 mi away · 135,102 SF
17.8 mi away · 151,935 SF
18.2 mi away · 195,480 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$25.66M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 75 sales
$295
-44%
County 177 sales
$168
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $164/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+25%
vs current-use indication
Retail Stores
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$35.13M
Move the market yield to see immediate price impact.
Value / SF
$225
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.21M
$44.26M
$31.61M
$24.59M
$2.46M
$49.18M
$35.13M
$27.32M
$2.70M
$54.10M
$38.64M
$30.05M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$19.20M
11.8 mi · Jan 2026 · $158/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$388,816
Tax year 2022
Assessed value
$35,127,000
Assessed 2023
Previous assessed
$34,530,700
+1.7% YoY
Effective rate
1.11%
On assessed value
Land market value
$5,315,000
Improvement market value
$31,004,600
Total market value
$36,319,600
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
156,320 SF
Lot
10.61 ac (462,259 SF)
Zoning code
PEC
APN
06-572219
UPID
US40-0492537
Jurisdiction
HOWARD
Zoning & alternative use
PEC · Laurel, MDZoning PEC · permitted uses
PEC · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
10.61 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PEC
Jurisdiction
Laurel, MD
Recorded code
PEC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PEC in Laurel, MD.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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