New search
Property profile & analytics
FOR SALE
Auto shops
1811 Maryland Ave Baltimore, MD 21201
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-0103584
For Sale
1 / 3
$1,200,000
1811 Maryland Ave, Baltimore, MD 21201
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1915
Construction
BRICK
Total area
9,580 SF
Lot
0.23 ac (9,888 SF)
Zoning code
TOD-4
APN
12-09-0388 -026
UPID
US40-0103584
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
-
J & K Auto Specialist Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.20M
Owner & transaction history
1811 Morton Alley LLC · 5 yrs held
1811 Morton Alley LLC
since 2021
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
TOD-4 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.18M (Feb 12 2021)
Last sale anchor
$1.18M
Feb 12 2021
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
$125 / 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
$14,903
Tax year 2023
Assessed value
$631,500
Assessed 2023
Previous assessed
$409,400
+54.3% YoY
Effective rate
2.36%
On assessed value
Land market value
$148,300
Improvement market value
$927,400
Total market value
$1,075,700
Applied tax rate
12.0000
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
For Sale
Year built
1915
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Total area
9,580 SF
Lot
0.23 ac (9,888 SF)
Zoning code
TOD-4
APN
12-09-0388 -026
UPID
US40-0103584
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
TOD-4 · Baltimore, MD
Zoning TOD-4 · permitted uses
TOD-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.
Building & site characteristics
From public records
Year built
1915
Construction
BRICK
Heating
FORCED AIR
Stories
2
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
1811 Morton Alley LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1501 SAINT PAUL ST STE #119, BALTIMORE, MD 21202-2861
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
$1,175,000
1811 Morton Alley LLC
1811 Maryland Ave LLC
Special Warranty Deed
—
Jul 7, 2004
$325,000
1811 Maryland Ave LLC
Smith,talbot R & Shirley E
Grant Deed
$225,000 · Big Brother Bail Bonds
Jul 6, 2004
$325,000
1811 Maryland Ave LLC
Smith,talbot R & Shirley E
Grant Deed
$225,000 · Talbot R & Shirley E Smith
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
