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Property profile & analytics
FOR LEASE
Apartment buildings
101 North Wolfe St, Baltimore, MD 21231
Individually Owned
4-yr Hold
Property ID
US40-0340925
For Lease
1 / 7
Contact for pricing
101 North Wolfe St, Baltimore, MD 21231
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Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2015
Total area
380,279 SF
Lot
5.57 ac (242,760 SF)
Zoning code
R-8
APN
06-11-1702 -001
UPID
US40-0340925
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
-
Coinhub Bitcoin ATM Teller Atm
-
CVS Cosmetic Store
-
UPS Access Point location Courier Service Postal Service
-
LibertyX Bitcoin ATM Atm
-
CDReload - Online Bitcoin ATM Atm Money Transfer Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$76.22M
Comparable Approach
Comparable
$59.25M
Blend (final)
Blend
$91.99M
Owner & transaction history
Hz Jefferson Square Dst · 4 yrs held
Hz Jefferson Square Dst
since 2022
Last sale
$92.0M
5 recorded transactions
Zoning & alternative use
R-8 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$87.7M
+78.5%
Restaurant
$86.5M
+75.9%
Office building
$78.1M
+58.9%
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
Method
Estimation
Statistic approach
$90,130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$82,575,000
6.5%
$76,220,000
7%
$70,780,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$87,740,000
Change: +79% · Conversion: Difficult
RESTAURANT
$86,475,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$78,095,000
Change: +59% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$69,645,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$62,755,000
Change: +28% · Conversion: Moderate
WAREHOUSE, STORAGE
$57,850,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$55,260,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$91.99M
Range $82.79M – $101.18M · ±10% · vs last sale $92.00M (May 23 2022)
Last sale anchor
$92.00M
May 23 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$242 / SF
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
$1,773,517
Tax year 2023
Assessed value
$75,149,033
Assessed 2023
Previous assessed
$75,149,033
+0.0% YoY
Effective rate
2.36%
On assessed value
Land market value
$7,232,900
Improvement market value
$82,570,600
Total market value
$89,803,500
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 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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
For Lease
Year built
2015
Heating
YES
Cooling
YES
Buildings
2
Stories
6
Units
120
Total area
380,279 SF
Lot
5.57 ac (242,760 SF)
Zoning code
R-8
APN
06-11-1702 -001
UPID
US40-0340925
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
R-8 · Baltimore, MD
Zoning R-8 · permitted uses
R-8 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$87.7M
RESTAURANT
Est. value
$86.5M
OFFICE BUILDING
Est. value
$78.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$69.6M
COMMERCIAL (GENERAL)
Est. value
$62.8M
WAREHOUSE, STORAGE
Est. value
$57.9M
MEDICAL BUILDING
Est. value
$55.3M
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
YES
Cooling
Yes
Stories
6
Buildings
2
Units
120
Lot
5.57 ac
Current owner
From public records · entity-resolved
Hz Jefferson Square Dst
Individual
Mailing address
37 N GRAHAM ST STE 200B, SAN FRANCISCO, CA 94129-1724
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
$92,000,000
Hz Jefferson Square Dst
North Wolfe Property Corp
Special Warranty Deed
$55,903,000 · Jill Real Estate Capital LLC
Jun 23, 2017
$73,250,000
North Wolfe Propery Corp
Jag Wahingto Gateway LLC
Special Warranty Deed
$180,000 · Hunt Mortgage Partners LLC
Jan 9, 2008
—
Capital Dev LLC
—
Deed Of Trust
related
$1,650,000 · Pnc Bank
Dec 31, 2002
$4,500,000
Capital Development LLC
Chapel Housing LP
Grant Deed
related
$3,600,000 · James L Hook Ttee
—
—
Jag Washington Gateway LLC
—
Deed Of Trust
related
$44,785,000 · Wells Fargo 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.
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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