Financial
Distress signals
Property profile

115 Melrose Ave Baltimore, MD 21228

OFF-MARKET
Investment properties
Property ID
US40-1363412
1,040 SF 0.19 ac lot Built 1976
Last sale Jun 2023 · $298,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$207k
Assessed land$93k
Assessed improvement$114k
Effective rate0.98%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$305k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$148 – $272
Qualifying comparables22

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BLCCC
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.3
Cafe & Coffee Shop10.2
Garden Center10.1

Location

115 Melrose Ave Baltimore, MD 21228-4527
County assessor Recorded deeds · 5 transfers 22 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Bishops, Catonsville, MD 21228-4601 $400,000 Jun 2025 1,170 SF
19 Chrysler, Baltimore, MD 21228-1709 $166,000 Aug 2023 1,092 SF
14 Egges, Baltimore, MD 21228-4511 $352,000 Aug 2021 1,152 SF
14 Winters, Baltimore, MD 21228-4432 $225,000 Mar 2021 1,152 SF
15 Egges, Baltimore, MD 21228-4512 $110,000 Mar 2020 980 SF
5 Winters, Catonsville, MD 21228-4433 $170,000 Jun 2019 960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Melrose Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message