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Property profile & analytics
FOR SALE
Bowling alleys
2105 Eastern Ave, Baltimore, MD 21231
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-1415465
For Sale
1 / 3
$720,000
2105 Eastern Ave, Baltimore, MD 21231
View Listing →
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1930
Construction
BRICK
Total area
9,004 SF
Lot
0.1 ac (4,502 SF)
Zoning code
C-1
APN
01-04-1784 -040
UPID
US40-1415465
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
-
Patterson Bowling Center Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Standard Insurance Company · 1 yrs held
Standard Insurance Company
since 2024
7 recorded transactions
Zoning & alternative use
C-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,905
Tax year 2023
Assessed value
$292,600
Assessed 2023
Previous assessed
$290,900
+0.6% YoY
Effective rate
2.36%
On assessed value
Assessed land
$207,500
Assessed improvement
$85,100
Land market value
$207,500
Improvement market value
$85,100
Total market value
$292,600
Applied tax rate
1.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
For Sale
Year built
1930
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Total area
9,004 SF
Lot
0.1 ac (4,502 SF)
Zoning code
C-1
APN
01-04-1784 -040
UPID
US40-1415465
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-1 · Baltimore, MD
Zoning C-1 · permitted uses
C-1 · 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
1930
Construction
BRICK
Heating
HOT WATER
Stories
2
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Free & Clear · 1 yrs held
Mailing address
2224 E LOMBARD ST, BALTIMORE, MD 21231-2023
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
—
2105 Eastern Avenue Realty LLC
—
Deed
related
$2,450,000 · Homewood Fsb
Sep 13, 2024
—
Standard Insurance Company
Bh Hawthorne Plaza LLC
Deed
—
Sep 13, 2024
$6,400,000
Bh Hawthorne Plaza LLC
Hawthorne INC
Special Warranty Deed
$4,600,000 · Standard Insurance Co
Feb 27, 2023
—
2105 Eastern Avenue Realty LLC
Patterson Park Lanes LLC
Special Warranty Deed
—
Jan 9, 2023
—
Hawthorne INC
—
Deed
related
$1,460,000 · Rosedale Fsla
Nov 28, 2016
—
Park LLC
—
Deed
related
$200,000 · Peoples Bank
Feb 24, 2016
—
Patterson Park Lanes LLC
Mcelhose,charles O SR & Theresa A
Grant Deed
related
—
—
—
Patterson Park Lanes LLC
—
Deed Of Trust
related
$500,000 · Charles O SR & Theresa A Mcelhose
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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