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Property profile & analytics
OFF-MARKET
Bowling alleys
1101 Merritt Blvd, Baltimore, MD 21222-1400
Individually Owned
22-yr Hold
Free & Clear
Property ID
US40-0060394
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1961
Construction
BRICK
Total area
39,648 SF
Lot
3.09 ac (134,600 SF)
Zoning code
BL
APN
12-1213056521
UPID
US40-0060394
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
-
Bowling Association-Baltimore Bowling Alley
-
Bowler's Corner Pro Shop (Bike/Boat/Book/etc) Store Bowling Alley
-
Cardtronics ATM Atm
-
AMF Dundalk Lanes Bowling Alley
-
AMF - Bar Big Box & Wholesale Store Bar & Pub
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
Bowling Centers Istar II · 22 yrs held
Bowling Centers Istar II
since 2004
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
$10,968
Tax year 2023
Assessed value
$1,809,833
Assessed 2023
Previous assessed
$1,694,667
+6.8% YoY
Effective rate
0.61%
On assessed value
Land market value
$927,000
Improvement market value
$998,000
Total market value
$1,925,000
Applied tax rate
12.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1961
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
39,648 SF
Lot
3.09 ac (134,600 SF)
Zoning code
BL
APN
12-1213056521
UPID
US40-0060394
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
1961
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
3.09 ac
Current owner
From public records · entity-resolved
Bowling Centers Istar II
Individual
Free & Clear · 22 yrs held
Mailing address
7313 BELL CRK RD, MECHANICSVILLE, VA 23111-3551
Ownership since
2004
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
Apr 25, 2022
—
Cnli Amf II LP
—
Deed
related
$722,000,000 · Jpmorgan Chase Bank NA
Mar 22, 2004
$816,172
Bowling Centers Istar II
Amf Bowling Centers INC
Grant Deed
—
—
—
Amf Bowling Centers INC
—
Deed Of Trust
related
$350,000 · Bankers Trust Co
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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