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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Hospitals
2327 Charles St, Baltimore, MD 21218-5128
Entity Owned
23-yr Hold
Free & Clear
Property ID
US40-0134948
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,461 SF
Lot
0.35 ac (15,377 SF)
Zoning code
C-1
APN
12-06-3820 -012
UPID
US40-0134948
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
-
FutureCare Charles Villages Rehabilitation Center
-
Susan A. Kahlil, LPTA Physician
-
Sean C. Scott, OTR Physician
-
Jonathan Johnson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.88M
Blend (final)
Blend
$4.35M
Owner & transaction history
2327 North Charles LLC · 23 yrs held
2327 North Charles LLC
since 2003
4 recorded transactions
Zoning & alternative use
C-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.2M
+4.7%
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
MEDICAL BUILDING
$5,880,000
Current use
WAREHOUSE, STORAGE
$6,155,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$5,635,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,230,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±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
$108 / 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
$106,608
Tax year 2023
Assessed value
$4,517,300
Assessed 2023
Previous assessed
$3,464,900
+30.4% YoY
Effective rate
2.36%
On assessed value
Land market value
$384,400
Improvement market value
$6,237,700
Total market value
$6,622,100
Applied tax rate
12.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
109
Total area
40,461 SF
Lot
0.35 ac (15,377 SF)
Zoning code
C-1
APN
12-06-3820 -012
UPID
US40-0134948
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.9M
WAREHOUSE, STORAGE
Est. value
$6.2M
RETAIL STORES
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
109
Lot
0.35 ac
Current owner
From public records · entity-resolved
2327 North Charles LLC
Entity
Free & Clear · 23 yrs held
Mailing address
8028 RITCHIE HWY STE 210B, PASADENA, MD 21122-1059
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2003
$1,000,000
2327 North Charles LLC
C Gordon Gilbert & Stephen Gil
Grant Deed
—
—
—
2327 North Charles LLC
—
Deed Of Trust
related
$2,852,200 · Capital Funding INC
—
—
2327 North Charles LLC
—
Deed Of Trust
related
$2,983,500 · Columbia Real Estate Finance LLC
—
—
2327 North Charles LLC
—
Deed Of Trust
related
$2,750 · Mercantile-safe Deposit & Trus
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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