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Property profile & analytics
OFF-MARKET
Office buildings
1 Randall Ave, Baltimore, MD 21208-5301
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US40-0793177
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1938
Construction
BRICK
Total area
4,613 SF
Lot
0.19 ac (8,132 SF)
Zoning code
BL
APN
03-0308032880
UPID
US40-0793177
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
-
Solid Rock Health Educators, LLC Training Center
-
Golden Tip Beauty Nail Salon
-
J Revive Hair Salon
-
Primak Flowers (Bike/Boat/Book/etc) Store Florist
-
Aris Monyette Beauty Hair Salon
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
Michael Vardi · 27 yrs held
Michael Vardi
since 1998
3 recorded transactions
Zoning & alternative use
BL · 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
$2,147
Tax year 2023
Assessed value
$307,600
Assessed 2023
Previous assessed
$305,600
+0.7% YoY
Effective rate
0.70%
On assessed value
Land market value
$90,600
Improvement market value
$219,000
Total market value
$309,600
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1938
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
4,613 SF
Lot
0.19 ac (8,132 SF)
Zoning code
BL
APN
03-0308032880
UPID
US40-0793177
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Baltimore, MD
Zoning BL · permitted uses
BL · 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
Year built
1938
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Michael Vardi
Individual
Mailing address
3 STONEHENGE CIR APT #9, BALTIMORE, MD 21208-3222
Ownership since
1998
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
Aug 11, 1998
$150,000
Michael Vardi
Zemlak,howard & Joane S
Grant Deed
$150,000 · Individual
—
—
Michael Vardi
—
Deed Of Trust
related
$200,000 · K Bank
—
—
Michael Vardi
—
Deed Of Trust
related
$456,000 · K Bank
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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