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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Grocery and convenience stores
1801 Washington Blvd Baltimore, MD 21230-1704
Entity Owned
25-yr Hold
Free & Clear
Property ID
US40-0235387
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2012
Total area
5,125 SF
Lot
0.89 ac (38,551 SF)
Zoning code
C-4
APN
21-05-0773 -001E
UPID
US40-0235387
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
-
Margo Bitcoin ATM Atm Crypto Atm
-
Royal Farms Grocery & Convenience Store
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
First National Bank ATM Atm
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.29M
Owner & transaction history
White Tower Associates LLC · 25 yrs held
White Tower Associates LLC
since 2001
4 recorded transactions
Zoning & alternative use
C-4 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+26.0%
Restaurant
$1.2M
+24.2%
Office building
$1.1M
+12.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$940,000
Current use
AUTO REPAIR, GARAGE
$1,180,000
Change: +26% · Conversion: Difficult
RESTAURANT
$1,165,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$1,050,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$905,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10%
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
$251 / 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
$44,982
Tax year 2023
Assessed value
$1,906,000
Assessed 2023
Previous assessed
$1,891,200
+0.8% YoY
Effective rate
2.36%
On assessed value
Assessed land
$963,700
Assessed improvement
$942,300
Land market value
$963,700
Improvement market value
$942,300
Total market value
$1,906,000
Applied tax rate
21.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
5,125 SF
Lot
0.89 ac (38,551 SF)
Zoning code
C-4
APN
21-05-0773 -001E
UPID
US40-0235387
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-4 · Baltimore, MD
Zoning C-4 · permitted uses
C-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$905,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
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
2012
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
White Tower Associates LLC
Entity
Free & Clear · 25 yrs held
Mailing address
3611 ROLAND AVE, BALTIMORE, MD 21211-2408
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2001
$550,000
White Tower Associates LLC
Lee,peter S & Grace S
Grant Deed
—
May 9, 2000
$460,000
Peter S Lee
Hwang,man J & Kong I
Grant Deed
$390,000 · First Mariner Bank
—
—
White Tower Assocs LLC
—
Deed Of Trust
related
$1,200,000 · Susquehanna Bank
—
—
White Tower Associates LLC
—
Deed Of Trust
related
$1,000,000 · Wells Fargo 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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