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Property profile & analytics
OFF-MARKET
Estimated value
$5,185,000
Auto shops
1800 Frankfurst Ave Baltimore, MD 21226-1024
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-1426691
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Construction
BRICK
Total area
7,200 SF
Lot
18.15 ac (790,614 SF)
Zoning code
MI
APN
25-07-7323C-002
UPID
US40-1426691
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
-
Sunoco LP Fuel Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$5.19M
Owner & transaction history
Sunoco LLC · 4 yrs held
Sunoco LLC
since 2022
Last sale
$5.4M
2 recorded transactions
Zoning & alternative use
MI · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The MI Maritime Industrial Zoning District is intended to ensure the preservation of deep-water frontage of the Port of Baltimore for maritime industrial uses by delineating an area where maritime shipping and maritime industrial uses can be conducted without the intrusion of non-industrial uses and where investment in maritime infrastructure is encouraged.
Zone name
Maritime Industrial
General category
INDUSTRIAL
Zone area
5,482.16 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$3.4M
+103.2%
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
Method
Estimation
Statistic approach
$5,285,000
ML approach
$4,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,375,000
Change: +103% · Conversion: Moderate
Blend value · Realmo final
$5.19M
Range $4.67M – $5.70M · ±10% · vs last sale $5.40M (Jan 6 2022)
Last sale anchor
$5.40M
Jan 6 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$720 / SF
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
$153,067
Tax year 2023
Assessed value
$6,485,900
Assessed 2023
Previous assessed
$6,485,833
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$2,268,700
Assessed improvement
$4,217,200
Land market value
$2,268,700
Improvement market value
$4,217,200
Total market value
$6,485,900
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
1981
Construction
BRICK
Heating
STEAM
Stories
1
Units
1
Total area
7,200 SF
Lot
18.15 ac (790,614 SF)
Zoning code
MI
APN
25-07-7323C-002
UPID
US40-1426691
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
MI · Baltimore, MDZoning MI · permitted uses
MI · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The MI Maritime Industrial Zoning District is intended to ensure the preservation of deep-water frontage of the Port of Baltimore for maritime industrial uses by delineating an area where maritime shipping and maritime industrial uses can be conducted without the intrusion of non-industrial uses and where investment in maritime infrastructure is encouraged.
Zone name
Maritime Industrial
General category
INDUSTRIAL
Zone area
5,482.16 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.4M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
BRICK
Heating
STEAM
Stories
1
Units
1
Lot
18.15 ac
Current owner
From public records · entity-resolved
Sunoco LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
$5,396,544
Sunoco LLC
Nustar Terminals Operations Prtnrsh
Deed
—
Dec 5, 2014
—
Terminals Operations Pt Nustar
Nustar Terminals Services INC
Quit Claim Deed
related
—
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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