Property profile

16 Center Pl Dundalk, MD 21222

FOR LEASE
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US40-2393326
10,200 SF 0.83 ac Built 1949
Last sale May 2025·$567,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$364k
Assessed land$249k
Assessed improvement$115k
Effective rate0.89%

Value estimate

· Nov 2026
$4.59M
$4.13M – $5.04M
AI approach$4.71M
NOI build-up
Gross scheduled income$220k
Vacancy & credit loss−$14k
Operating expenses−$62k
NOI · 999.09% cap applied$144k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
Submarket average, outlier-cleaned · 387 recorded sales of this use type
Observed band · Q1–Q3$57 – $235
Qualifying comparables6

Cap rate analysis

How does the asset earn?
999.09%
$144k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BM
The intent of this zone is to provide convalescent home, tourist home, boarding or rooming houses, fast food, drive through-only restaura...
General categoryCOMMERCIAL
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Law Firm18.6
Spa & Massage17.8

Location

16 Center Pl Dundalk, MD 21222
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Merritt, Baltimore, MD 21222 $11,000,000 Apr 2025 5,814 SF
1408 Merritt, Baltimore, MD 21222-2110 $175,000 Nov 2024 8,593 SF
7845 Wise, Baltimore, MD 21222-3339 $2,814,784 Aug 2022 10,650 SF
7620 German Hl, Dundalk, MD 21222-1596 $1,075,000 Jun 2021 5,600 SF
6914 Holabird, Dundalk, MD 21222-1747 $250,000 Mar 2021 8,330 SF
3803 Dundalk, Baltimore, MD 21222 $2,063,745 Feb 2021 8,424 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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