Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rockville Pike, MD

    • Drive through restaurants
    • 5,178 SF
    • 1.71 lot acres
    OFF-MARKET
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1738907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details

    Year built
    2013
    Lot size
    1.71 lot acres
    Property size
    5,178 SF
    Zone code
    RMX3C
    Property type
    Drive through restaurants
    APN
    04-03692627
    APU
    403692627

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockville Pike
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1517
    Latitude
    39.0801
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $1,078,700
    $3,123,300
    $4,202,000
    -
    $1,078,700
    $3,123,300
    $4,202,000

    Comparable in this City

    • Value Estimation
      $365,000
      2,616 SF

      Harford Rd, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,616 SF
      Harford Rd, MD
      View Details
    • Value Estimation by Request
      3,387 SF

      Joppa Rd, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,387 SF
      Joppa Rd, MD
      View Details
    • Value Estimation
      $160,000
      600 SF

      Old State House Rd, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 600 SF
      Old State House Rd, MD
      View Details
    • Value Estimation by Request
      2,840 SF

      Perry Hall Blvd, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,840 SF
      Perry Hall Blvd, MD
      View Details
    • Value Estimation
      $420,000
      2,434 SF

      Eastern Ave, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,434 SF
      Eastern Ave, MD
      View Details
    • Value Estimation
      $505,000
      2,471 SF

      Middlebrook Rd, MD

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,471 SF
      Middlebrook Rd, MD
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

      Restaurant Space with FFE

      Fully built-out restaurant space available for sale.
      7000 Muirkirk Mdws Dr, Laurel, MD
      View Details
    • Contact for pricing
      23,004 SF

      Fully Leased Retail Strip Center

      Multi-tenant strip center in Middle River, MD, fully leased.
      105 Beacon Rd, Middle River, MD
      View Details
    • $2,300,000
      3,040 SF

      Joppatowne C-Store Owner-User Opportunity

      3,040 SF C-Store in Joppatowne, MD for sale.
      602 Pulaski Hwy, Joppa, MD
      View Details
    • Contact for pricing
      160,181 SF

      Two-Story Commercial Building in Marlow Heights

      160,181 SF commercial building at a major intersection.
      4101 Br Ave, Marlow Heights, MD
      View Details
    • Contact for pricing
      99,463 SF

      Retail Center in Prime Location

      High-performing retail center in Rockville, Maryland, 100% leased.
      Rockville Pike 1765, Rockville, MD
      View Details
    • $1,200,000
      3,996 SF

      Profitable Gas Station For Sale

      Gas station with carwash, laundromat, and deli; passive income.
      400 Bi-State Blvd, Delmar, MD
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,196 SF

      Retail Space in Forestville Center

      Retail space available in a high-traffic Forestville shopping center.
      2050-2950 Donnell Dr, Forestville, MD
      View Details
    • Contact for pricing

      Retail Space in Dunkirk, MD

      Retail spaces available in grocery-anchored shopping center.
      8093 Deer Trl Blvd, Dunkirk, MD
      View Details
    • $20 SF/Yr
      3,000 SF

      Retail Pad Site with Drive-Thru

      Retail pad site with drive-thru potential in Salisbury, MD.
      504 Coventry Ln, Salisbury, MD
      View Details
    • $900,000
      416 SF

      Former Bank with Drive-Thru

      Former Bank of America with drive-thru, high traffic location.
      8509 Oak St, Laurel, MD
      View Details
    • Contact for pricing
      1,456 SF

      Westbard Square Retail Opportunity

      Retail and restaurant spaces available in Bethesda's Westbard Square.
      Westbard Cir & Westbard Ave, Bethesda, MD
      View Details
    • Contact for pricing
      9,300 SF

      Retail Space in Mixed-Use Project

      Retail space in a multi-phased, mixed-use development.
      6201 Mango Tree Rd, Columbia, MD
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rockville Pike, MD
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.