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Property profile & analytics
FOR SALE
Commercial real estate
1 E Chase St R3H Baltimore, MD 21202
Entity Owned
12-yr Hold
Free & Clear
Property ID
US40-0123345
For Sale
1 / 14
$117,500
1 E Chase St,Unit R3H, Baltimore, MD 21202
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Total area
759 SF
Lot
0.02 ac (759 SF)
Zoning code
C-2
APN
11-12-0506 -215
UPID
US40-0123345
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
Current use
Occupant on record · Public records
-
Belvedere Hotel Wedding Service
-
Auto Ignition Repair Property Management Company Emergency Locksmith Service
-
Dr. Melvena L. Sherard, DDS Dental Office
-
Dr. John Taylor III, DDS Dental Office
-
Law Office of Hayley Tamburello Law Firm
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
Belvedere LLC · 12 yrs held
Belvedere LLC
since 2013
4 recorded transactions
Zoning & alternative use
C-2 · Baltimore, 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 Baltimore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baltimore 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,074
Tax year 2023
Assessed value
$45,500
Assessed 2023
Previous assessed
$56,900
-20.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$13,600
Assessed improvement
$31,900
Land market value
$13,600
Improvement market value
$31,900
Total market value
$45,500
Applied tax rate
11.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
For Sale
Heating
NONE
Units
1
Total area
759 SF
Lot
0.02 ac (759 SF)
Zoning code
C-2
APN
11-12-0506 -215
UPID
US40-0123345
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-2 · Baltimore, MD
Zoning C-2 · permitted uses
C-2 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baltimore. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Belvedere LLC
Entity
Free & Clear · 12 yrs held
Mailing address
28 LITTLE VINE RD, HILLSVILLE, VA 24343-4246
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2013
—
Belvedere LLC
Harris,deresse W
Grant Deed
—
Jun 2, 2005
$64,500
Beldevere LLC
Harris,deresse W
Grant Deed
—
Sep 5, 2003
$49,900
Deresse W Harris
Cmz,tr
Grant Deed
$40,000 · Robert G Bohli
Jan 15, 1999
$35,000
Cmz Trust
Baltimore Belvedere Investors
Grant Deed
$38,000 · Thomas A Taylor Bpt
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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