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Property profile & analytics
OFF-MARKET
Office buildings
Washington Blvd, Savage, MD 20763
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1684720
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
BRICK
Total area
748 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CECLI
APN
06-425275
UPID
US40-1684720
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
by Request
Owner & transaction history
Peter W Esveld JR · 5 yrs held
Peter W Esveld JR
since 2020
3 recorded transactions
Zoning & alternative use
CECLI · Savage, 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 Savage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savage 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
—
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
$3,251
Tax year 2022
Assessed value
$285,900
Assessed 2023
Previous assessed
$288,700
-1.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$243,000
Assessed improvement
$42,900
Land market value
$243,000
Improvement market value
$42,900
Total market value
$285,900
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1970
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
748 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CECLI
APN
06-425275
UPID
US40-1684720
Jurisdiction
HOWARD
Zoning & alternative use
CECLI · Savage, MD
Zoning CECLI · permitted uses
CECLI · Savage, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Savage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Peter W Esveld JR
Individual
Free & Clear · 5 yrs held
Mailing address
4507 10TH OAKS RD, DAYTON, MD 21036-1128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
—
Peter W Esveld JR
Cte X3 LLC
Grant Deed
related
—
Jun 30, 2010
$510,000
Ctex 3 LLC
Esveld,peter W JR
Warranty Deed
$500,000 · Revere Bank
—
—
Peter W Esveld
—
Deed Of Trust
related
$525,000 · Business Loan Center INC
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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