Property profile

1 Joppa Rd 2 Baltimore, MD 21286

OFF-MARKET
Warehouses
Property ID
US40-0646170
150,429 SF 3.46 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1966
Construction BRICK
Total area 150,429 SF
Lot 3.46 ac (150,805 SF)
APN 09-2300001781
UPID US40-0646170

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Clothing & Fashion Store
  • Spa & Massage Center Alternative Medicine Practice
  • Hair Salon
  • Hair Salon

Location

1 Joppa Rd, Unit 2 Baltimore, MD 21286-3119
Baltimore metro Census 490900 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$30.98M
Blend (final) Blend
$22.23M

Owner & transaction history

since 2019
5 recorded transactions
2019
$285,883
1997
$4.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $34.7M +51.7%
Restaurant $34.2M +49.5%
Office building $30.9M +35.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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