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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Turn key restaurants
9700 Ft Meade Rd, Laurel, MD 20707-4406
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1937380
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
BRICK
Total area
2,769 SF
Lot
0.62 ac (27,004 SF)
Zoning code
LAUR
APN
10-1009273
UPID
US40-1937380
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
-
Taqueria El Patron Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$980k
Owner & transaction history
L D Belexa LLC · 5 yrs held
L D Belexa LLC
since 2021
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
LAUR · Laurel, 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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
$1,170,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $950k (Apr 8 2021)
Last sale anchor
$950k
Apr 8 2021
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
$354 / 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
$12,087
Tax year 2023
Assessed value
$733,000
Assessed 2023
Previous assessed
$635,100
+15.4% YoY
Effective rate
1.65%
On assessed value
Land market value
$432,000
Improvement market value
$496,800
Total market value
$928,800
Applied tax rate
90.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,769 SF
Lot
0.62 ac (27,004 SF)
Zoning code
LAUR
APN
10-1009273
UPID
US40-1937380
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LAUR · Laurel, MD
Zoning LAUR · permitted uses
LAUR · Laurel, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
L D Belexa LLC
Entity
Free & Clear · 5 yrs held
Mailing address
17206 DOCTOR BIRD RD, SANDY SPRING, MD 20860-1205
Ownership since
2021
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
Apr 8, 2021
$950,000
L D Belexa LLC
Buas Bayside Hotel INC
Deed
—
Jan 8, 2009
$600,000
Buas Bayside Hotel INC
Spirit Master Funding III LLC
Grant Deed
—
Jan 5, 2007
$551,443
Spirit Master Funding III LLC
Potomac Pizza Hut INC
Grant Deed
related
$550,000 · Citibank NA
—
—
Adf Midatlantic LLC
—
Deed Of Trust
related
$500,000 · Ares Capital Corp
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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