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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Retail space
12518 Eastern Ave Baltimore, MD 21220-1202
Entity Owned
10-yr Hold
Property ID
US40-0293565
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Construction
FRAME
Total area
9,100 SF
Lot
1.77 ac (77,101 SF)
APN
15-1523750211
UPID
US40-0293565
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
-
Dollar General Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.80M
Owner & transaction history
Platsa-2 LLC · 10 yrs held
Platsa-2 LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+76.3%
Auto repair, garage
$2.1M
+65.7%
Restaurant
$2.1M
+63.3%
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%
$2,145,000
6.5%
$1,980,000
7%
$1,840,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,270,000
Current use
COMMERCIAL (GENERAL)
$2,235,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,100,000
Change: +66% · Conversion: Difficult
RESTAURANT
$2,070,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$1,870,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,665,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,385,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$1,320,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$198 / 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
$13,456
Tax year 2023
Assessed value
$2,122,000
Assessed 2023
Previous assessed
$2,081,433
+1.9% YoY
Effective rate
0.63%
On assessed value
Assessed land
$398,200
Assessed improvement
$1,723,800
Land market value
$398,200
Improvement market value
$1,723,800
Total market value
$2,122,000
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
Year built
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
9,100 SF
Lot
1.77 ac (77,101 SF)
APN
15-1523750211
UPID
US40-0293565
Jurisdiction
BALTIMORE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2015
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
1.77 ac
Current owner
From public records · entity-resolved
Platsa-2 LLC
Entity
Mailing address
1306 N GLEBE RD, ARLINGTON, VA 22207-2120
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2015
$2,172,477
Platsa-2 LLC
Acdh Maryland LLC
Grant Deed
$1,627,500 · Branch Bk&tr
Mar 12, 2015
$650,000
Acdh Maryland LLC
Wodarczyk Alexander T & Jessica D
Trustees Deed
$1,539,000 · Branch Bk&tr
Nov 10, 2009
—
Alexander T Wodarczyk
Wodarczyk,alexander T
Quit Claim Deed
related
—
—
—
Barbara A Wodarczyk
—
Deed Of Trust
related
$90,000 · Crestar Bank
—
—
Alexander T Wodarczyk
—
Deed Of Trust
related
$200,000 · Bank Of America
—
—
Alexander T Wodarczyk
—
Deed Of Trust
related
$20,000 · First Mariner Bank
—
—
Barbara A Wodarczyk
—
Deed Of Trust
related
$90,000 · Provident Bank Maryland
—
—
Alexander T Wodarczyk
—
Deed Of Trust
related
$194,500 · Bank Of America
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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