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Property profile & analytics
FOR LEASE
Warehouses
9311 Old Marlboro Pike Upper Marlboro, MD 20772
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-1223427
For Lease
$2,275,000
9311 Old Marlboro Pike, Upper Marlboro, MD 20772
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
BRICK
Total area
18,680 SF
Lot
1.83 ac (79,715 SF)
Zoning code
IE
APN
15-1786789
UPID
US40-1223427
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
-
Marlboro Competitive Cheer Marketing & Advertising Event Planning
-
Church Church
-
Team Tenacious Youth Organization Charitable Organization Social Service Agency
-
Republic Services - Upper Marlboro Waste Management Facility Hazardous Waste Disposal
-
Margo Moore-Valentine Ministries Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
American Towers LLC · 1 yrs held
American Towers LLC
since 2025
3 recorded transactions
Zoning & alternative use
IE · Upper Marlboro, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$122 / 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
$24,193
Tax year 2023
Assessed value
$2,175,667
Assessed 2023
Previous assessed
$2,152,000
+1.1% YoY
Effective rate
1.11%
On assessed value
Land market value
$698,500
Improvement market value
$1,524,500
Total market value
$2,223,000
Applied tax rate
15.0000
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
For Lease
Year built
1991
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
18,680 SF
Lot
1.83 ac (79,715 SF)
Zoning code
IE
APN
15-1786789
UPID
US40-1223427
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.
Building & site characteristics
From public records
Year built
1991
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
American Towers LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11421 CRONHILL DR STE G, OWINGS MILLS, MD 21117-2222
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
—
American Towers LLC
Eip Holdings II LLC
Deed
—
Oct 2, 2015
$980,000
Max LLC
Williams Family Living Trust
Grant Deed
$784,000 · Williams Family Living Tr (lt)
—
—
Max LLC
—
Deed Of Trust
related
$950,000 · Community Bk/chesapeake
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?”
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