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Property profile & analytics
OFF-MARKET
Estimated value
$4,815,000
Office buildings
Technology Way Frederick, MD 21703
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0378230
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
32,263 SF
Lot
7.57 ac (329,683 SF)
Zoning code
LI
APN
28-602005
UPID
US40-0378230
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
$4.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$4.82M
Owner & transaction history
7430 Technology Way II LLC · 4 yrs held
7430 Technology Way II LLC
since 2022
Last sale
$5.0M
5 recorded transactions
Zoning & alternative use
LI · Frederick, MD
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 Frederick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frederick 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
$4,590,000
ML approach
$4,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.82M
Range $4.33M – $5.30M · ±10% · vs last sale $5.00M (Jul 27 2022)
Last sale anchor
$5.00M
Jul 27 2022
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
$149 / 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
$23,190
Tax year 2023
Assessed value
$2,168,200
Assessed 2024
Previous assessed
$1,921,333
+12.8% YoY
Effective rate
1.07%
On assessed value
Assessed land
$923,500
Assessed improvement
$1,244,700
Land market value
$923,500
Improvement market value
$1,244,700
Total market value
$2,168,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
32,263 SF
Lot
7.57 ac (329,683 SF)
Zoning code
LI
APN
28-602005
UPID
US40-0378230
Jurisdiction
FREDERICK
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
LI · Frederick, MDZoning LI · permitted uses
LI · Frederick, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 4 - ZONING
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Cooling
Yes
Stories
1
Units
1
Lot
7.57 ac
Current owner
From public records · entity-resolved
7430 Technology Way II LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3200 RAMSLAND WAY, FREDERICK, MD 21704-7663
Ownership since
2022
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 2, 2022
—
7430 Technology Way II LLC
—
Deed
related
$3,250,000 · Community Bank Of The Chesapeake
Jul 27, 2022
$5,000,000
7430 Technology Way II LLC
Mfs Abs Frederick LLC
Special Warranty Deed
—
Aug 2, 2021
—
Mfs Frederick LLC
—
Deed
related
$33,750,000 · City National Bank
Mar 19, 2020
$43,000,000
Mfs-abs Frederick LLC
Technology Pk Maryland L 270
Grant Deed
—
Feb 15, 2019
—
270 Technology Park Lender LLC
—
Deed
related
$127,937,715 · Citibank
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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