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Property profile & analytics
OFF-MARKET
Estimated value
$45,015,000
Hotels
300 Lgt St, Baltimore, MD 21202-1012
Individually Owned
Free & Clear
Property ID
US40-1430013
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1981
Construction
BRICK
Total area
497,360 SF
Lot
1.71 ac (74,488 SF)
Zoning code
C-5DC
APN
22-01-0694 -001
UPID
US40-1430013
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
-
Baltimore Rotary Club Nightclub Music Venue
-
Cakes By The Pound Bakery Specialty Food Shop
-
Help You Grow Media Baltimore MD | Digital Marketing Baltimore MD Advertising Agency Marketing & Advertising
-
LAZ Parking Hyatt Baltimore Garage Parking Lot & Garage
-
Total Life Changes (IBO) Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$46.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$45.02M
Owner & transaction history
MAYOR & CITY COUNCIL
MAYOR & CITY COUNCIL
Zoning & alternative use
C-5DC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$49,895,000
6.5%
$46,055,000
7%
$42,765,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$72,270,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$64,290,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$45.02M
Range $40.51M – $49.52M · ±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
$91 / 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
$1,014,800
Tax year 2023
Assessed value
$43,000,000
Assessed 2023
Previous assessed
$43,000,000
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$14,897,000
Assessed improvement
$28,103,000
Land market value
$14,897,000
Improvement market value
$28,103,000
Total market value
$43,000,000
Applied tax rate
22.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1981
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
13
Units
475
Total area
497,360 SF
Lot
1.71 ac (74,488 SF)
Zoning code
C-5DC
APN
22-01-0694 -001
UPID
US40-1430013
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
MEDICAL BUILDING
Est. value
$72.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$64.3M
MEDICAL BUILDING
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
1981
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
13
Units
475
Lot
1.71 ac
Current owner
From public records · entity-resolved
MAYOR & CITY COUNCIL
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 2196, CHICAGO, IL 60690-2196
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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