Property profile

32 Melrose Ave Baltimore, MD 21228

OFF-MARKET
Investment properties
Property ID
US40-2341868
1,936 SF 0.23 ac lot Built 2006
Individually Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2006
Total area 1,936 SF
Lot 0.23 ac (10,192 SF)
Zoning code RO
APN 01-0104500920
UPID US40-2341868

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32 Melrose Ave Baltimore, MD 21228-4524
Baltimore metro Census 401000 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$410k
Comparable Approach Comparable
$526k
Blend (final) Blend
$290k

Owner & transaction history

since 2007
4 recorded transactions
2007
Price N/A
2007
Price N/A
2006
$368,472
2005
$90,000

Zoning & alternative use

RO · Baltimore, MD
Top alternative use upside
Auto repair, garage $445,000 +2.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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