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Property profile & analytics
FOR LEASE
Distribution centers
23 Fontana Ln, Rosedale, MD 21237
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-0692008
For Lease
$4,620,000
23 Fontana Ln, Rosedale, MD 21237
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Construction
BRICK
Total area
45,590 SF
Lot
3.75 ac (163,350 SF)
Zoning code
ML
APN
14-2000010430
UPID
US40-0692008
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.62M
Owner & transaction history
Baltimore Infill Tt LLC · 1 yrs held
Baltimore Infill Tt LLC
since 2025
6 recorded transactions
Zoning & alternative use
ML · Rosedale, 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 Rosedale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosedale 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
WAREHOUSE, STORAGE
$6,935,000
Current use
MEDICAL BUILDING
$6,625,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$6,350,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$4.62M
Range $4.16M – $5.08M · ±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
$101 / 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
$25,041
Tax year 2023
Assessed value
$4,057,733
Assessed 2023
Previous assessed
$4,041,767
+0.4% YoY
Effective rate
0.62%
On assessed value
Land market value
$1,125,900
Improvement market value
$2,947,800
Total market value
$4,073,700
Applied tax rate
14.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
45,590 SF
Lot
3.75 ac (163,350 SF)
Zoning code
ML
APN
14-2000010430
UPID
US40-0692008
Jurisdiction
BALTIMORE
Zoning & alternative use
ML · Rosedale, MD
Zoning ML · permitted uses
ML · Rosedale, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosedale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.6M
RETAIL STORES
Est. value
$6.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
3.75 ac
Current owner
From public records · entity-resolved
Baltimore Infill Tt LLC
Entity
Mailing address
90 E 32ND ST, NEW YORK, NY 10016-5503
Ownership since
2025
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
Mar 14, 2025
—
Baltimore Infill Tt LLC
Baltimore Infill LLC
Deed
—
Feb 21, 2025
—
Baltimore Infil Ll LLC
—
Deed
related
$87,000,000 · Bank Of America NA
Oct 3, 2019
$11,200,000
Bre Jupiter Owner W Ne Mw 2 LLC
Icon Dpmd Owner Pool 2 West Northea
Deed
$143,000,000 · Citibank NA
Nov 21, 2017
—
Icon Dp Md Owner Pool 2 West & N
—
Grant Deed
related
$385,000,000 · Miscellaneous Ins Co
Jun 29, 2012
$6,200,000
Bre Of Dp Md LLC
Gr 6 LP
Grant Deed
$11,100,000 · General Electric Capital Corp
Jul 31, 1998
$179,802
Fontana Property 7 LLC
Gr 7 LP
Grant Deed
—
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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