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Property profile & analytics
OFF-MARKET
Estimated value
$22,360,000
Apartment buildings
20 Howard St, Baltimore, MD 21201-3420
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0999178
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2005
Construction
BRICK
Total area
249,450 SF
Lot
0.99 ac (42,994 SF)
Zoning code
C-5DC
APN
04-10-0632 -001
UPID
US40-0999178
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
-
MRI Studios Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.52M
Blend (final)
Blend
$22.36M
Owner & transaction history
Mf Blue Valley Aprtments LLC · 2 yrs held
Mf Blue Valley Aprtments LLC
since 2024
5 recorded transactions
Zoning & alternative use
C-5DC · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$36.3M
+12.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$32,245,000
Current use
MEDICAL BUILDING
$36,250,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$30,085,000
Change: -7% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$27,295,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$22.36M
Range $20.12M – $24.60M · ±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
$90 / 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
$24,591
Tax year 2023
Assessed value
$21,956,500
Assessed 2023
Previous assessed
$21,956,500
+0.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$1,676,700
Assessed improvement
$20,279,800
Land market value
$1,676,700
Improvement market value
$20,279,800
Total market value
$21,956,500
Applied tax rate
4.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
3
Units
222
Total area
249,450 SF
Lot
0.99 ac (42,994 SF)
Zoning code
C-5DC
APN
04-10-0632 -001
UPID
US40-0999178
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-5DC · Baltimore, MD
Zoning C-5DC · permitted uses
C-5DC · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$32.2M
MEDICAL BUILDING
Est. value
$36.3M
COMMERCIAL (GENERAL)
Est. value
$30.1M
INDUSTRIAL (GENERAL)
Est. value
$27.3M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Units
222
Lot
0.99 ac
Current owner
From public records · entity-resolved
Mf Blue Valley Aprtments LLC
Entity
Mailing address
900 19TH ST NW, WASHINGTON, DC 20006-2105
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
—
Mf Blue Valley Aprtments LLC
Fixture Filing Ftp Centerpoint LP
Trustees Deed
related
—
Mar 20, 2024
$48,425,000
Mf Blue Valley Apartments LLC
Ftp Centerpoint L
Trustees Deed
related
—
Dec 12, 2013
$45,308,000
Ftp Centerpoint LP
Centerpoint Tower Of Garage Holdi
Grant Deed
—
Jun 30, 2004
—
Centerpoint Theater LLC
Centerpoint Holding LLC
Quit Claim Deed
related
—
Jun 12, 2003
—
Centerpoint Holding LLC
—
Trustees Deed
related
$27,700,000 · Banc Of America Cde LLC
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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