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Property profile & analytics
OFF-MARKET
Office buildings
1404 Joppa Rd, Baltimore, MD 21286-5909
Entity Owned
Free & Clear
Property ID
US40-0080157
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1942
Construction
BRICK
Total area
1,511 SF
Lot
0.13 ac (5,808 SF)
Zoning code
RO
APN
09-0904200100
UPID
US40-0080157
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
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
Zigmund LLC
Zigmund LLC
since 2026
Last sale
$340,000
6 recorded transactions
Zoning & alternative use
RO · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,981
Tax year 2023
Assessed value
$287,500
Assessed 2023
Previous assessed
$288,700
-0.4% YoY
Effective rate
0.69%
On assessed value
Assessed land
$174,200
Assessed improvement
$113,300
Land market value
$174,200
Improvement market value
$113,300
Total market value
$287,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1942
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
1,511 SF
Lot
0.13 ac (5,808 SF)
Zoning code
RO
APN
09-0904200100
UPID
US40-0080157
Jurisdiction
BALTIMORE
Zoning & alternative use
RO · Baltimore, MD
Zoning RO · permitted uses
RO · 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.
Building & site characteristics
From public records
Year built
1942
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Zigmund LLC
Entity
Free & Clear · 0 yrs held
Mailing address
212 MORRIS AVE, LUTHERVILLE, MD 21093-5324
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
$340,000
Zigmund LLC
Rwr Holdings LLC
Deed
—
Jan 3, 2020
—
Rwr Holdings LLC
—
Deed
related
$150,500 · M&t Bk
Oct 24, 2019
$215,000
Rwr Holdings LLC
Duyen T M Tran
Grant Deed
—
Jun 8, 2017
—
Duyen T M Tran
Tran,hung Q
Quit Claim Deed
related
—
Nov 15, 2006
$475,000
Dzd LLC
Byrnes,edward C & Lisa S
Grant Deed
—
—
—
Rwr Holdings LLC
—
Deed Of Trust
related
$150,500 · M&t Bk
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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