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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1011 36th St Baltimore, MD 21211-2416

    • Investment properties
    • 2,250 SF
    • 0.03 lot acres
    OFF-MARKET
    Last Sale
    Jun 27, 2022
    $400,000
    Value Estimations
    $460,000
    Show details
    Cap Rate Potential
    6.4%
    Investment properties
    Location Intelligence
    Property ID
    US40-1444001
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mount Everest Restaurant and Bar - Hampden / Nepalese Restaurant / Indian Restaurant

    Property Details for 1011 36th St

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.03 lot acres
    Property size
    2,250 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13-13-3528 -058
    APU
    13133528058

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $485,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $520,000
      6.5%
      $480,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $363,000
      Market price range: $212k - $703k
      AI Estimate
      $357,000
      Market price range: $223k - $858k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $370,000
      Current use
      AUTO REPAIR, GARAGE
      $520,000
      Change: +40% Conversion: Difficult
      OFFICE BUILDING
      $460,000
      Change: +25% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $410,000
      Change: +11% Conversion: Difficult
      WAREHOUSE, STORAGE
      $340,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $325,000
      Change: -12% Conversion: Easy
      RETAIL STORES
      $315,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6331
    Latitude
    39.3309
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,766
    $0.00
    $0.00
    $244,333
    -
    $90,000
    $314,800
    $404,800

    Comparable in this City

    • Value Estimation by Request
      6,257 SF

      3300 Keswick Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,257 SF
      3300 Keswick Rd, Baltimore, MD 21211-2668
      View Details
    • Value Estimation by Request
      3,050 SF

      1025 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,050 SF
      1025 36th St, Baltimore, MD 21211-2416
      View Details
    • Value Estimation by Request
      2,850 SF

      1107 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,850 SF
      1107 36th St, Baltimore, MD 21211-2410
      View Details
    • Value Estimation by Request
      1,236 SF

      809 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,236 SF
      809 36th St, Baltimore, MD 21211-2508
      View Details
    • Value Estimation by Request
      2,700 SF

      1007 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      1007 36th St, Baltimore, MD 21211-2416
      View Details
    • Value Estimation by Request
      1,561 SF

      835 36th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,561 SF
      835 36th St, Baltimore, MD 21211-2508
      View Details

    Similar Nearby for Sale

    • $1,850,000
      8,000 SF

      Redeveloped Mixed-Use Property in Hampden

      Newly redeveloped mixed-use property in Baltimore's Hampden neighborhood.
      1029 W 36Th St, Baltimore, MD 21211
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    • $400,000
      0.07 Acres

      Hampden Mixed-Use Investment Opportunity

      Mixed-use property in vibrant Hampden location with income potential.
      3252 Keswick Ave, Baltimore, MD 21211
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    • $400,000
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      Hampden Multifamily Value-Add Opportunity

      Multifamily property in prime Baltimore neighborhood, excellent investment potential.
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    • Contact for pricing
      4,000 SF

      Clipper Mill Warehouse For Sale

      4,000 SF building in Clipper Mill area for sale.
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      Roland Heights Avenue Property

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      Commercial Land For Sale

      Commercial land available for sale.
      4032 Falls Rd, Baltimore, MD 21211
      View Details

    Similar Nearby for Lease

    • $1,900 /Mo
      3,049 SF

      Hampden Retail Space For Lease

      Retail space in a hip Baltimore location near The Avenue.
      3524 Keswick Rd, Baltimore, MD 21211
      View Details
    • $32 SF/Yr
      1,883 SF

      Baltimore Office Space For Rent

      Office spaces available with on-site amenities and convenient location.
      711 W 40Th St, Baltimore, MD 21211
      View Details
    • $75 SF/Yr
      1,600 SF

      Freestanding Retail Building on Falls

      Freestanding retail building with high visibility on Falls Road.
      4531 Falls Rd, Baltimore, MD 21211
      View Details
    • $20 SF/Yr
      1,500 SF

      Corner Office Space for Rent

      Office space with private offices, bathroom, and kitchenette available.
      2000 Girard Ave, Baltimore, MD 21211
      View Details
    • $25 SF/Yr
      5,920 SF

      Prime Baltimore Restaurant Space

      5,920 SF Restaurant, Baltimore, MD
      3535 Chestnut Ave, Baltimore, MD 21211
      View Details
    • $37 SF/Yr
      3,200 SF

      Turnkey Restaurant Opportunity For Rent

      Restaurant space for rent with liquor license and equipment.
      1101 W 36Th St, Baltimore, MD 21211
      View Details
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    1011 36th St
    Baltimore, MD 21211-2416
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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