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Property profile & analytics
OFF-MARKET
Estimated value
$10,725,000
Automotive properties
9400 Baltimore Ave, College Park, MD 20740-1320
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-1467788
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1979
Construction
BRICK
Total area
15,441 SF
Lot
3.14 ac (136,855 SF)
Zoning code
NAC
APN
21-2287001
UPID
US40-1467788
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
-
College Park Honda Service Auto Repair Shop
-
College Park Honda (soon Honda of Greenbelt) Car Dealership
-
College Park Honda Car Dealership
-
Pre-Owned College Park Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.11M
Blend (final)
Blend
$10.73M
Owner & transaction history
Group 1 Realty INC · 2 yrs held
Group 1 Realty INC
since 2024
Last sale
$10.7M
4 recorded transactions
Zoning & alternative use
NAC · College Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.0M
+87.8%
Industrial (general)
$10.2M
+59.6%
Restaurant
$9.6M
+49.5%
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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Park 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
$10,725,000
ML approach
$10,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$12,020,000
Change: +88% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,220,000
Change: +60% · Conversion: Easy
RESTAURANT
$9,570,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$6,440,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$10.73M
Range $9.65M – $11.80M · ±10% · vs last sale $10.73M (Feb 21 2024)
Last sale anchor
$10.73M
Feb 21 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
$695 / 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
$62,352
Tax year 2023
Assessed value
$4,525,467
Assessed 2023
Previous assessed
$3,819,333
+18.5% YoY
Effective rate
1.38%
On assessed value
Land market value
$3,831,900
Improvement market value
$1,399,700
Total market value
$5,231,600
Applied tax rate
81.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
15,441 SF
Lot
3.14 ac (136,855 SF)
Zoning code
NAC
APN
21-2287001
UPID
US40-1467788
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NAC · College Park, MD
Zoning NAC · permitted uses
NAC · College Park, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
College Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.0M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
RESTAURANT
Est. value
$9.6M
RETAIL STORES
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1979
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
Group 1 Realty INC
Entity
Free & Clear · 2 yrs held
Mailing address
800 GESSNER RD STE #500, HOUSTON, TX 77024-4498
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
$10,725,000
Group 1 Realty INC
Cphh LLC
Special Warranty Deed
—
Apr 26, 2021
—
Cphh LLC
—
Deed
related
$7,500,000 · Truist Bank
Jan 28, 2003
$5,300,000
Cphh LLC
Lane Associates Maryland LP
Grant Deed
$5,483,333 · Suntrust Bank NA
—
—
Cphh LLC
—
Loan Modification
related
—
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.
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