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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
9940 Crain Hwy, Faulkner, MD 20632-2104
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US40-0080418
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
2,356 SF
Lot
2.08 ac (90,605 SF)
Zoning code
CV/AC
APN
04-005503
UPID
US40-0080418
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
-
United States Postal Service Post Office Logistics Service
-
ATM Atm
-
Red Top (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$535k
Owner & transaction history
Three Zero One LLC · 22 yrs held
Three Zero One LLC
since 2004
2 recorded transactions
Zoning & alternative use
CV/AC · Faulkner, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$675,000
+31.5%
Commercial (general)
$635,000
+24.0%
Warehouse, storage
$560,000
+9.2%
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 Faulkner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Faulkner 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%
$445,000
6.5%
$410,000
7%
$380,000
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
OFFICE BUILDING
$675,000
Change: +32% · Conversion: Easy
COMMERCIAL (GENERAL)
$635,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$560,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$227 / 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
$9,235
Tax year 2023
Assessed value
$670,100
Assessed 2023
Previous assessed
$670,100
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$258,500
Assessed improvement
$411,600
Land market value
$258,500
Improvement market value
$411,600
Total market value
$670,100
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Bathrooms
4
Total area
2,356 SF
Lot
2.08 ac (90,605 SF)
Zoning code
CV/AC
APN
04-005503
UPID
US40-0080418
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CV/AC · Faulkner, MD
Zoning CV/AC · permitted uses
CV/AC · Faulkner, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Faulkner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$515,000
OFFICE BUILDING
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$560,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1954
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
4
Lot
2.08 ac
Current owner
From public records · entity-resolved
Three Zero One LLC
Entity
Mailing address
9940 CRAIN HWY, FAULKNER, MD 20632-2104
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2004
$400,000
Three Zero One LLC
Red Top Store LLC
Grant Deed
$400,000 · Red Top Store LLC
Sep 8, 1998
$314,600
Red Top Store LLC
Fairfax,franklin W
Grant Deed
$204,000 · County First Bank
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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