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    Property profile & analytics

    1412 Merritt Blvd Baltimore, MD 21222-2110

    • Turn key restaurants
    • 4,478 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 13, 2024
    Location Intelligence
    Property ID
    US40-1395113
    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

    • Turn key restaurants

    Property Details for 1412 Merritt Blvd

    Year built
    1983
    Construction
    BRICK
    Lot size
    1.24 lot acres
    Property size
    4,478 SF
    Zone code
    BM
    Property type
    Turn key restaurants
    APN
    12-1900008391
    APU
    121900008391

    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
    -76.5044
    Latitude
    39.2757
    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
    $13,723
    $914,400
    $359,700
    $1,274,100
    -
    $914,400
    $359,700
    $1,274,100

    Comparable in this City

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      7700 Wise Ave

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      2816 Pt Rd

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      6705 Holabird Ave

      RESTAURANT • 4,356 SF
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    • Value Estimation by Request
      1,722 SF

      2713 Pt Rd

      RESTAURANT • 1,722 SF
      2713 Pt Rd, Baltimore, MD 21222-1635
      View Details
    • Value Estimation
      $220,000
      3,979 SF

      7625 German Hl Rd

      RESTAURANT • 3,979 SF
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      View Details

    Similar Nearby for Sale

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      0.36 Acres

      Turn-Key Restaurant and Lounge

      Fully equipped restaurant and lounge in Dundalk, Maryland for sale.
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    • $769,000
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    • $1,700,000
      9,792 SF

      Dundalk Retail Property - Huge Potential

      Prime Dundalk location, multi-use building, high visibility.
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    • $100,000
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      Prime Retail Space, Dundalk, MD

      High-traffic location, excellent visibility, investment opportunity.
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    • $385,000

      Renovated Commercial Buildings on Wise

      Two renovated commercial buildings on Wise Avenue, excellent investment opportunity.
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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Restaurant Space For Lease

      2,000 SF restaurant space available, anchored by Gold’s Gym.
      1131-1205 Merritt Blvd, Dundalk, MD 21222
      View Details
    • Contact for pricing
      1,800 SF

      Restaurant Space in Dundalk, MD

      2,000 SF restaurant space available for lease.
      1115 Merritt Blvd, Dundalk, MD 21222
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    • Contact for pricing
      1,503 SF

      Remodeled Shopping Center Retail Space

      Remodeled shopping center with restaurants, retail, and community services.
      1730 Merritt Blvd, Dundalk, MD 21222
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    • Contact for pricing
      3,000 SF

      Retail Pad Site with Drive-Thru

      Retail pad site with drive-thru available for lease.
      1576 Merritt Blvd, Dundalk, MD 21222
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    • Contact for pricing
      9,061 SF

      Dundalk Village Retail Space

      Retail space in Dundalk Village with high foot traffic.
      29-31 Shipping Pl, Dundalk, MD 21222
      View Details
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    Baltimore, MD 21222-2110
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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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