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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Motels
9719 Washingtonian Blvd Gaithersburg, MD 20878-5359
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0792639
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Construction
BRICK
Total area
33,500 SF
Lot
3.45 ac (150,323 SF)
Zoning code
MXD
APN
09-03185747
UPID
US40-0792639
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$2.56M
Owner & transaction history
Grand Prix Gaithersburg LLC · 19 yrs held
Grand Prix Gaithersburg LLC
since 2007
6 recorded transactions
Zoning & alternative use
MXD · Gaithersburg, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.2M
+203.3%
Industrial (general)
$4.1M
+195.6%
Apartment house (5+ units)
$2.6M
+87.8%
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 Gaithersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gaithersburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,220,000
Change: +203% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,110,000
Change: +196% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,610,000
Change: +88% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,330,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±10%
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
$76 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$217,398
Tax year 2022
Assessed value
$16,301,000
Assessed 2023
Previous assessed
$16,301,000
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,032,300
Assessed improvement
$14,268,700
Land market value
$2,032,300
Improvement market value
$14,268,700
Total market value
$16,301,000
Applied tax rate
13.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
132
Total area
33,500 SF
Lot
3.45 ac (150,323 SF)
Zoning code
MXD
APN
09-03185747
UPID
US40-0792639
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
MXD · Gaithersburg, MD
Zoning MXD · permitted uses
MXD · Gaithersburg, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gaithersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.3M
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1998
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
2
Units
132
Lot
3.45 ac
Current owner
From public records · entity-resolved
Grand Prix Gaithersburg LLC
Entity
Mailing address
545 E JOHN CARPENTER FWY STE #1400, IRVING, TX 75062-3933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Dec 11, 2019
—
Grand Prix Gaithersburg LLC
—
Deed
related
$755,000,000 · Bank Of America NA
Jun 6, 2017
—
Grand Prix Gaithersburg LLC
—
Deed
related
$25,971,350 · Morgan Stanley Bk
Jul 18, 2007
$27,547,169
Grand Prix Gaithersburg LLC
Innkeepers Ri General
Deed Of Trust
related
$825,402,542 · Lehman Ali INC
Jul 13, 1998
$11,272,668
Ri General LP Innkeepers
Residence Inn
Grant Deed
—
—
—
Grand Prix Gaithersburg LLC
—
Deed Of Trust
related
—
—
—
Grand Prix Gaithersburg LLC
—
Deed Of Trust
related
$635,000,000 · Jp Morgan Chase 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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