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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Drive through restaurants
1915 Joppa Rd Baltimore, MD 21234-2729
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0934240
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
BRICK
Total area
808 SF
Lot
0.62 ac (26,857 SF)
Zoning code
BLCS2
APN
09-0901542220
UPID
US40-0934240
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
-
Checkers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Joppa Re LLC · 4 yrs held
Joppa Re LLC
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
BLCS2 · 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
$1,100,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.13M (Jan 26 2022)
Last sale anchor
$1.13M
Jan 26 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
$1,380 / 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
$8,679
Tax year 2023
Assessed value
$920,967
Assessed 2023
Previous assessed
$833,300
+10.5% YoY
Effective rate
0.94%
On assessed value
Land market value
$671,400
Improvement market value
$424,900
Total market value
$1,096,300
Applied tax rate
9.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
PACKAGE
Buildings
2
Stories
1
Units
1
Total area
808 SF
Lot
0.62 ac (26,857 SF)
Zoning code
BLCS2
APN
09-0901542220
UPID
US40-0934240
Jurisdiction
BALTIMORE
Zoning & alternative use
BLCS2 · Baltimore, MD
Zoning BLCS2 · permitted uses
BLCS2 · 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
1999
Construction
BRICK
Heating
PACKAGE
Stories
1
Buildings
2
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Joppa Re LLC
Entity
Mailing address
1915 E JOPPA RD, PARKVILLE, MD 21234-2729
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
$1,125,000
Joppa Re LLC
Dorsey Management Company INC
Deed
$731,250 · M & T Bank
May 23, 2019
—
Dorsey Management Co INC
—
Deed
related
$30,000 · Miscellaneous Govt Agcy
May 8, 2014
$1,100,000
Dorsey Management Co INC
Joppa Mart LLC
Trustees Deed
$1,160,000 · Community Bk/chesapeake
Dec 27, 2013
$6,875,000
Joppa Mart LLC
Joppa Perring LLC
Grant Deed
$3,000,000 · Susquehanna Bank
Jun 19, 2008
$6,800,000
Joppa Perring LLC
Joppa Perring Limited Partnership
Deed
—
—
—
Dorsey Management Co INC
—
Deed Of Trust
related
$30,000 · Miscellaneous Govt Agcy
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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