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Property profile & analytics
OFF-MARKET
Auto shops
1300 Chesapeake Ave Baltimore, MD 21226-1022
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US40-0796758
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1993
Construction
BRICK
Total area
2,240 SF
Lot
0.46 ac (20,038 SF)
Zoning code
I-2
APN
25-07-7335A-002
UPID
US40-0796758
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
-
Smart Traffic Services Department Store
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
Exitus Property LLC · 7 yrs held
Exitus Property LLC
since 2018
4 recorded transactions
Zoning & alternative use
I-2 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-2 General Industrial Zoning District is intended to provide for a wide variety of general manufacturing, fabricating, processing, wholesale distributing, and warehousing uses.
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
4,825.73 ac
Source
Realmo
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
$10,254
Tax year 2023
Assessed value
$434,500
Assessed 2023
Previous assessed
$404,000
+7.5% YoY
Effective rate
2.36%
On assessed value
Assessed land
$307,100
Assessed improvement
$127,400
Land market value
$307,100
Improvement market value
$127,400
Total market value
$434,500
Applied tax rate
25.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1993
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
2,240 SF
Lot
0.46 ac (20,038 SF)
Zoning code
I-2
APN
25-07-7335A-002
UPID
US40-0796758
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
I-2 · Baltimore, MDZoning I-2 · permitted uses
I-2 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-2 General Industrial Zoning District is intended to provide for a wide variety of general manufacturing, fabricating, processing, wholesale distributing, and warehousing uses.
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
4,825.73 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1993
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Exitus Property LLC
Entity
Mailing address
8 JERUSALEM GLN CT, KINGSVILLE, MD 21087-1118
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2018
$600,000
Exitus Property LLC
1300 Chesapeake Avenue LLC
Deed
$480,000 · State Employees Cu
Feb 9, 2017
$417,400
1300 Chesapeake Avenue LLC
Weiss,stephen R
Grant Deed
—
Feb 9, 2017
$7,190
1300 Chesapeake Avenue LLC
Abbey Realty Co LLC
Grant Deed
—
Jul 7, 1997
$25,000
Stephen R Weiss
Brooklyn Terminals & Equipt Co
Grant Deed
—
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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