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Property profile & analytics
OFF-MARKET
Estimated value
$11,245,000
Commercial real estate
9521 Baltimore Ave College Park, MD 20740
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2184229
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Total area
1,936 SF
Lot
0.5 ac (21,732 SF)
Zoning code
NAC
APN
21-2395564
UPID
US40-2184229
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
$11.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.25M
Owner & transaction history
Group 1 Realty INC · 2 yrs held
Group 1 Realty INC
since 2024
Last sale
$11.2M
6 recorded transactions
Zoning & alternative use
NAC · College Park, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve the surrounding neighborhood, to provide a mix of uses that serve local neighborhood needs.
Zone name
Neighborhood Activity Center Zone
General category
MIXED_USE
Zone area
184.76 ac
Source
Realmo
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
$11,245,000
ML approach
$11,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.25M
Range $10.12M – $12.37M · ±10% · vs last sale $11.25M (Feb 22 2024)
Last sale anchor
$11.25M
Feb 22 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
$5,808 / 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
$8,164
Tax year 2023
Assessed value
$592,567
Assessed 2023
Previous assessed
$584,533
+1.4% YoY
Effective rate
1.38%
On assessed value
Land market value
$543,300
Improvement market value
$57,300
Total market value
$600,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1938
Heating
RADIANT
Stories
2
Bathrooms
2
Total area
1,936 SF
Lot
0.5 ac (21,732 SF)
Zoning code
NAC
APN
21-2395564
UPID
US40-2184229
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NAC · College Park, MDZoning 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
Zoning description
The purposes of the Neighborhood Activity Center (NAC) Zone are to provide lands for lower density, small scale, mixed use centers that are attractive to employers and employees, are well connected to transit, and serve the surrounding neighborhood, to provide a mix of uses that serve local neighborhood needs.
Zone name
Neighborhood Activity Center Zone
General category
MIXED_USE
Zone area
184.76 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1938
Heating
RADIANT
Stories
2
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Group 1 Realty INC
Entity
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
$11,245,000
Group 1 Realty INC
Blk Real Estate L L C
Special Warranty Deed
$1,680,000 · Wells Fargo Bank NA
Apr 26, 2021
—
Blk Real Estate LLC
—
Deed
related
$9,000,000 · Truist Bank
Aug 30, 2002
—
Blk Real Estate LLC
—
Deed Of Trust
related
$3,315,000 · Suntrust Bank NA
May 26, 2000
$2,375,000
Blk Real Estate LLC
Devoira S Sherman Estate
Grant Deed
$2,000,000 · Citizens National Bank
—
—
Blk Real Estate LLC
—
Loan Modification
related
—
—
—
Blk Real Estate LLC
—
Loan Modification
related
$3,400,000 · Suntrust Bank NA
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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