New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,970,000
Retail space
Executive Blvda, Rockville, MD 20852
Entity Owned
~
Est. High Equity
Property ID
US40-1860342
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Total area
55,379 SF
Lot
1.27 ac (55,379 SF)
Zoning code
CR
APN
04-03686295
UPID
US40-1860342
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
by Request
Blend (final)
Blend
$13.97M
Owner & transaction history
Nobe Market Retail LLC
Nobe Market Retail LLC
since 2025
5 recorded transactions
Zoning & alternative use
CR · Rockville, 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 Rockville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$252 / 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
$240,579
Tax year 2022
Assessed value
$18,889,900
Assessed 2023
Previous assessed
$18,889,900
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$534,900
Assessed improvement
$18,355,000
Land market value
$534,900
Improvement market value
$18,355,000
Total market value
$18,889,900
Applied tax rate
65.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
1
Total area
55,379 SF
Lot
1.27 ac (55,379 SF)
Zoning code
CR
APN
04-03686295
UPID
US40-1860342
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR · Rockville, MD
Zoning CR · permitted uses
CR · Rockville, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Nobe Market Retail LLC
Entity
Mailing address
PO BOX 638, ADDISON, TX 75001-0638
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$45,300,000
Nobe Market Retail LLC
Spus8 Nobe LP
Special Warranty Deed
$32,480,000 · Manufacturers & Traders Trust Co
Jan 25, 2018
$194,500,000
Spus8 Nobe LP
North Bethesda Retail LLC
Trustees Deed
$126,450,000 · Landesbank Hessen Thueringen
Oct 26, 2017
—
North Bethesda Retail LLC
—
Loan Modification
related
$129,007,929 · Miscellaneous Ins Co
Nov 3, 2011
—
North Bethesda Retail LLC
White Flint Crossing I LLC
Grant Deed
—
—
—
North Bethesda Residl LLC
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Executive Blvda?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
