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Property profile & analytics
OFF-MARKET
Retail space
106 Eastern Blvd, Baltimore, MD 21221-7020
Entity Owned
~
Est. High Equity
Property ID
US40-1060205
Property summary
AI-generated overview
Exceptional opportunity to acquire the Fruitland Produce Market, a well-established business operating for over 50 years in Essex, Maryland. This sale includes both the thriving business and the accompanying 3,732 square foot building located at 106 Eastern Blvd, zip code 21221. The asking price is $650,000, representing a price per square foot of $174.17. This presents a unique chance to inherit a reputable, community-trusted brand, or to redevelop the property entirely. The current owner is retiring and offers flexibility
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
3,732 SF
Lot
0.47 ac (20,500 SF)
Zoning code
BRCS1
APN
15-1511151400
UPID
US40-1060205
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
-
Fruitland Produce Market LLC Food Market Specialty Food Shop
-
NAIL care and spa Nail 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
Olmos Properties LLC
Olmos Properties LLC
since 2026
Last sale
$375,000
4 recorded transactions
Zoning & alternative use
BRCS1 · 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
$3,742
Tax year 2023
Assessed value
$283,400
Assessed 2023
Previous assessed
$283,400
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$231,500
Assessed improvement
$51,900
Land market value
$231,500
Improvement market value
$51,900
Total market value
$283,400
Applied tax rate
15.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
3,732 SF
Lot
0.47 ac (20,500 SF)
Zoning code
BRCS1
APN
15-1511151400
UPID
US40-1060205
Jurisdiction
BALTIMORE
Zoning & alternative use
BRCS1 · Baltimore, MD
Zoning BRCS1 · permitted uses
BRCS1 · 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
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Olmos Properties LLC
Entity
Mailing address
7424 MILARDO DR, KINGSVILLE, MD 21087-1710
Ownership since
2026
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
Jan 2, 2026
$480,000
Olmos Properties LLC
Fruitland Produce Market LLC
Deed
$312,000 · Bay Vanguard Bank
Mar 11, 2024
$375,000
Fruitland Produce Market LLC
Linda E Isennock
Deed
$281,250 · Bay Vanguard Bank
Aug 18, 2005
—
Linda E Isennock
Kemp,walter P
Grant Deed
related
—
Nov 23, 2004
—
Linda E Isennock
Kemp Margaret M Trust
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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