1040 REVERE BEACH PARKWAY
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Location
1040 REVERE BEACH PARKWAY
Mblu
75/ / 12D/ /
Acct#
103817
Owner
PARKWAY PLAZA VENTURE II LLC
Total Market Value
$2,234,700
PID
103817
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,742,300$492,400$2,234,700

Owner of Record
OwnerPARKWAY PLAZA VENTURE II LLC
Co-OwnerC/O FEDERAL REALTY INVESTMENT TRUST
Address909 ROSE AVENUE, SUITE #200

NORTH BETHESDA, MD 20852
Sale Price$1
Certificate
Book & Page 38132/0324
Sale Date09/28/2005
Instrument1F

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PARKWAY PLAZA VENTURE II LLC$1 38132/03241F09/28/2005

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 5,367
Replacement Cost: $1,606,838
Building Percent Good: 89
Replacement Cost
Less Depreciation:

$1,430,100
Building Attributes
FieldDescription
Style:Restaurant
ModelCommercial
GradeGood+10
Stories:1 Story
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseREST/CLUBS MDL-94
Total Rooms3
Total Bedrms0
Total Baths2
Systems Stat 
Residential Units 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height12.00
% Comn Wall0.00
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 5,367 5,367
CANCanopy 157 0
FEPPorch, Enclosed, Finished 168 0
   5,692 5,367

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET5876.00 S.F.$6,7001
CLR1COOLER224.00 S.F.$6,9001
CLR2FREEZER TEMPS80.00 S.F.$3,3001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS MDL-94  
ZoneSHOP CTR
Neighborhood3020
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)13571
Frontage0
Total Market Land$492,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  24000.00 S.F.$54,0001
LT1LIGHTS-IN W/PL  9.00 UNITS$8,9001
LT10W/DOUBLE LIGHT  2.00 UNITS$6,1001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,729,200$468,900$2,198,100
2024$1,666,700$446,500$2,113,200
2023$1,361,600$446,500$1,808,100

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