Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
120 Burke Ave Baltimore, MD 21286-1119
Entity Owned
21-yr Hold
Free & Clear
Property ID
US40-1254294
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
BRICK
Total area
4,594 SF
Lot
0.22 ac (9,375 SF)
Zoning code
BL
APN
09-0918000866
UPID
US40-1254294
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
-
Rosebud Flea Market (Bike/Boat/Book/etc) Store
-
Radebaugh Florist and Greenhouses (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$625k
Owner & transaction history
C M & J L Radebaugh Co Lllp · 21 yrs held
C M & J L Radebaugh Co Lllp
since 2004
1 recorded transaction
Zoning & alternative use
BL · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+47.4%
Neighborhood: shopping center
$840,000
+31.5%
Commercial (general)
$755,000
+18.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$640,000
Current use
OFFICE BUILDING
$945,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$755,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$700,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$670,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$136 / 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
$3,690
Tax year 2023
Assessed value
$523,600
Assessed 2023
Previous assessed
$524,400
-0.2% YoY
Effective rate
0.70%
On assessed value
Assessed land
$328,100
Assessed improvement
$195,500
Land market value
$328,100
Improvement market value
$195,500
Total market value
$523,600
Applied tax rate
9.0000
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
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Total area
4,594 SF
Lot
0.22 ac (9,375 SF)
Zoning code
BL
APN
09-0918000866
UPID
US40-1254294
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$640,000
OFFICE BUILDING
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$755,000
WAREHOUSE, STORAGE
Est. value
$700,000
MEDICAL BUILDING
Est. value
$670,000
RETAIL STORES Current
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
1940
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
C M & J L Radebaugh Co Lllp
Entity
Free & Clear · 21 yrs held
Mailing address
120 BURKE AVE, BALTIMORE, MD 21286-1119
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2004
—
C M & J L Radebaugh Co Lllp
Radebaugh,george W
Quit Claim 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.
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 120 Burke 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
