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    Property profile & analytics

    1220 Homberg Ave Baltimore, MD 21221-3745

    • Bars
    • 4,105 SF
    • 1.63 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US40-2123965
    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

    • Two Guys Grill & Pub / Delivery Restaurant / Steak House

    Property Details for 1220 Homberg Ave

    Construction
    BRICK
    Lot size
    1.63 lot acres
    Property size
    4,105 SF
    Zone code
    BL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    15-1519391200
    APU
    151519391200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4537
    Latitude
    39.3107
    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
    $5,500
    $181,100
    $89,500
    $270,600
    -
    $181,100
    $89,500
    $270,600

    Comparable in this City

    • Value Estimation
      $660,000
      2,680 SF

      1006 Back Riv Nck Rd

      BAR, TAVERN • 2,680 SF
      1006 Back Riv Nck Rd, Essex, MD 21221-6325
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    • Value Estimation
      $290,000
      4,910 SF

      409 Eastern Blvd

      BAR, TAVERN • 4,910 SF
      409 Eastern Blvd, Essex, MD 21221-6715
      View Details
    • Value Estimation
      $225,000
      4,000 SF

      200 Eastern Blvd

      BAR, TAVERN • 4,000 SF
      200 Eastern Blvd, Baltimore, MD 21221-6903
      View Details
    • Value Estimation
      $590,000
      2,891 SF

      1909 Old Eastern Ave

      BAR, TAVERN • 2,891 SF
      1909 Old Eastern Ave, Baltimore, MD 21221-1434
      View Details
    • Value Estimation
      $435,000
      3,180 SF

      402 Back Riv Nck Rd

      BAR, TAVERN • 3,180 SF
      402 Back Riv Nck Rd, Baltimore, MD 21221-4602
      View Details
    • Value Estimation
      $305,000
      3,366 SF

      405 Mace Ave

      BAR, TAVERN • 3,366 SF
      405 Mace Ave, Essex, MD 21221-6605
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Turn-Key Liquor Store and Bar

      3,500 SF building with liquor license and parking.
      400 Myrth Ave, Essex, MD 21221
      View Details
    • $80,000
      1,250 SF

      Essex Restaurant - $80K

      Established Chinese eatery, strong profits.
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    • $375,000
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      Essex Retail Space - High Potential

      Versatile Retail Building, Vacant Possession
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    • $899,999
      9,668 SF

      Versatile Mixed-Use Property For Sale

      Mixed-use property with income potential, featuring residential and retail spaces.
      1700 Old Eastern Ave, Essex, MD 21221
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    • $300,000
      0.47 Acres

      Eastern Avenue Redevelopment Opportunity

      Redevelopment opportunity on Eastern Avenue, Baltimore. Sold As-Is.
      106 Eastern Ave, Baltimore, MD 21221
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    • Contact for pricing
      0.46 Acres

      Prime Essex Retail Opportunity

      0.46-acre Retail Lot in Essex, MD
      25 Eastern Ave, Essex, MD 21221
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      780 SF

      Bar/Lounge Space in Charles Village

      Second generation bar/lounge space with on-site parking available for lease.
      2129 Maryland Ave, Baltimore, MD 21221
      View Details
    • Contact for pricing
      13,126 SF

      Essex Retail Space - 13,000 SF

      High-visibility retail space in prime Essex location.
      1600 Eastern Blvd, Essex, MD 21221
      View Details
    • Contact for pricing

      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
      1800 Earhart Rd, Essex, MD 21221
      View Details
    • Contact for pricing

      Retail Space in Waterview Center

      Retail space available in a busy shopping center.
      107 Orville Rd, Essex, MD 21221
      View Details
    • $1,213 /Mo
      17,424 SF

      Retail Space on Eastern Boulevard

      Adaptable retail space available with ample parking in Essex, MD.
      404 Eastern Blvd, Baltimore, MD 21221
      View Details
    • Contact for pricing
      3,342 SF

      Retail Space in Waterview Center

      Retail space available in high-traffic Waterview Town Center.
      117-165 Orville Rd, Essex, MD 21221
      View Details
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    1220 Homberg Ave
    Baltimore, MD 21221-3745
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    Realmo Value Estimation

    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.

    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.

    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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