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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
1940 Baltimore St Baltimore, MD 21223-2245
Entity Owned
Free & Clear
Property ID
US40-0954230
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1953
Construction
BRICK
Total area
11,076 SF
Lot
0.13 ac (5,535 SF)
Zoning code
H
APN
20-15-0192 -001
UPID
US40-0954230
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
-
Midy Jean-Albert MD Physician
-
Mohamed Sheku Dauda Pediatrician Physician
-
Mrs. Kimberly Briscoe Asante Marriage Or Relationship Counselor
-
Amlani Mohan MD Physician
-
Ufomadu Chukwuemeka MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$390k
Blend (final)
Blend
$515k
Owner & transaction history
BON SECOURS HOSPITAL BALTIMORE INC
BON SECOURS HOSPITAL BALTIMORE INC
Zoning & alternative use
H · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
H Hospital Campus Zoning Districts are intended to address the special needs and impacts of large-scale, multi-functional hospitals and medical campuses, including hospital-related and support service uses, such as offices and commercial uses
Zone name
Hospital Campus
General category
CIVIC_INSTITUTIONAL
Zone area
605.29 ac
Source
Realmo
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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$46 / 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
Assessed value
$624,000
Assessed 2023
Previous assessed
$615,167
+1.4% YoY
Assessed land
$66,400
Assessed improvement
$557,600
Land market value
$66,400
Improvement market value
$557,600
Total market value
$624,000
Applied tax rate
20.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1953
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
4
Units
1
Total area
11,076 SF
Lot
0.13 ac (5,535 SF)
Zoning code
H
APN
20-15-0192 -001
UPID
US40-0954230
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
H · Baltimore, MDZoning H · permitted uses
H · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
H Hospital Campus Zoning Districts are intended to address the special needs and impacts of large-scale, multi-functional hospitals and medical campuses, including hospital-related and support service uses, such as offices and commercial uses
Zone name
Hospital Campus
General category
CIVIC_INSTITUTIONAL
Zone area
605.29 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1953
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
BON SECOURS HOSPITAL BALTIMORE INC
Entity
Free & Clear · 0 yrs held
Mailing address
2000 W BALTIMORE ST, BALTIMORE, MD 21223-1558
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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