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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
2901 Childs St, Baltimore, MD 21226-1015
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-1180953
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
BRICK
Total area
1,440 SF
Lot
42.12 ac (1,834,747 SF)
Zoning code
MI
APN
25-07-7323B-002
UPID
US40-1180953
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
-
Hoegh Shipping Company Freight Service
-
Chrysler-Port Operations Car Dealership
-
Amports Warehouse & Storage
-
Autocomm Inc. Business Management Consultant
-
Wasim Shipping Cars Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$330k
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$505k
Owner & transaction history
Aps East Coast INC · 6 yrs held
Aps East Coast INC
since 2020
7 recorded transactions
Zoning & alternative use
MI · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$675,000
+128.3%
Auto repair, garage
$330,000
+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
$530,000
CAP Approach
CAP Return
Estimation
6%
$355,000
6.5%
$330,000
7%
$305,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$675,000
Change: +128% · Conversion: Easy
AUTO REPAIR, GARAGE
$330,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$351 / 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
$217,453
Tax year 2023
Assessed value
$9,214,100
Assessed 2023
Previous assessed
$9,171,367
+0.5% YoY
Effective rate
2.36%
On assessed value
Assessed land
$4,212,400
Assessed improvement
$5,001,700
Land market value
$4,212,400
Improvement market value
$5,001,700
Total market value
$9,214,100
Applied tax rate
25.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
3
Total area
1,440 SF
Lot
42.12 ac (1,834,747 SF)
Zoning code
MI
APN
25-07-7323B-002
UPID
US40-1180953
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
MI · Baltimore, MD
Zoning MI · permitted uses
MI · 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
COMMERCIAL (GENERAL)
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$330,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1987
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
42.12 ac
Current owner
From public records · entity-resolved
Aps East Coast INC
Entity
Free & Clear · 6 yrs held
Mailing address
10060 SKINNER LK DR FL #2, JACKSONVILLE, FL 32246-8495
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 10, 2020
—
Aps East Coast INC
—
Deed
related
—
Apr 4, 2018
—
Aps East Coast INC
—
Deed
related
$137,500 · Bank Of Ny Mellon
Apr 12, 2017
—
Ld Acquisition Co 18 LLC
—
Grant Deed
related
$64,000,000 · Legacy Bk/tx
Jun 7, 2007
—
Aps East Coast INC
—
Deed Of Trust
related
$270,000,000 · Citibank NA
May 31, 2006
—
Aps East Coast INC
—
Deed Of Trust
related
$92,500,000 · Comerica Bank
—
—
Aps East Coast INC
—
Loan Modification
related
—
—
—
Aps East Coast INC
—
Deed Of Trust
related
$1,250,000 · Sumitomo Mitsui Bkng
—
—
Aps East Coast INC
—
Deed Of Trust
related
$137,500 · Bank Of Ny Mellon
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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