Technical
Financial
Distress signals
Property profile

1408 Merritt Blvd Baltimore, MD 21222

OFF-MARKET
Retail space
Property ID
US40-1718235
8,593 SF 2.63 ac lot Built 2001
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction BRICK
Total area 8,593 SF
Lot 2.63 ac (114,563 SF)
Zoning code BM
APN 12-1800004817
UPID US40-1718235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office
  • Auto Parts Store
  • Storage Facility

Location

1408 Merritt Blvd Baltimore, MD 21222-2110
Baltimore metro Census 420701 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2017
$175,000

Zoning & alternative use

BM · Baltimore, MD
Top alternative use upside
Auto repair, garage $2.0M +65.7%
Restaurant $2.0M +63.3%
Office building $1.8M +47.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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