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Property profile & analytics
OFF-MARKET
Estimated value
$10,850,000
Hospitals
3320 Benson Ave, Baltimore, MD 21227-1035
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US40-2040834
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1992
Construction
BRICK
Total area
78,411 SF
Lot
9.02 ac (392,911 SF)
Zoning code
R-6
APN
25-01-7654H-006
UPID
US40-2040834
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
-
Senior Life Services Charitable Organization Social Service Agency
-
Saint Elizabeth Rehabilitation And Nursing Nursing Home
-
Megha Mandalaywala Physician
-
St Elizabeth Rehabilitation and Nursing Center Nursing Home
-
Goldsborough Jennifer L Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.63M
Blend (final)
Blend
$10.85M
Owner & transaction history
St Elizabeth Propco LLC · 1 yrs held
St Elizabeth Propco LLC
since 2024
Last sale
$8.0M
3 recorded transactions
Zoning & alternative use
R-6 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.8M
+56.5%
Office building
$16.1M
+41.3%
Neighborhood: shopping center
$14.4M
+26.0%
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
$11,395,000
Current use
RESTAURANT
$17,830,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$16,100,000
Change: +41% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,360,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,435,000
Change: +9% · Conversion: Easy
WAREHOUSE, STORAGE
$11,930,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$10,920,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$10.85M
Range $9.77M – $11.94M · ±10% · vs last sale $8.00M (Sep 4 2024)
Last sale anchor
$8.00M
Sep 4 2024
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
$138 / 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
Assessed value
$29,576,400
Assessed 2023
Previous assessed
$28,857,067
+2.5% YoY
Assessed land
$1,353,000
Assessed improvement
$28,223,400
Land market value
$1,353,000
Improvement market value
$28,223,400
Total market value
$29,576,400
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1992
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Units
1
Total area
78,411 SF
Lot
9.02 ac (392,911 SF)
Zoning code
R-6
APN
25-01-7654H-006
UPID
US40-2040834
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
R-6 · Baltimore, MD
Zoning R-6 · permitted uses
R-6 · 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
$11.4M
RESTAURANT
Est. value
$17.8M
OFFICE BUILDING
Est. value
$16.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.4M
COMMERCIAL (GENERAL)
Est. value
$12.4M
WAREHOUSE, STORAGE
Est. value
$11.9M
RETAIL STORES
Est. value
$10.9M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
Year built
1992
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
1
Lot
9.02 ac
Current owner
From public records · entity-resolved
St Elizabeth Propco LLC
Entity
Mailing address
320 CATHEDRAL ST, BALTIMORE, MD 21201-4421
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
$8,000,000
St Elizabeth Propco LLC
Jenkins Memorial Nursing Home INC
Special Warranty Deed
$17,000,000 · Time Bank
Jun 20, 2008
$120,750
Scott D Hillhouse
Dmytrow,helen E
Grant Deed
$108,675 · Phh Mortgage Services Corp
Sep 4, 2001
—
Associated Catholic Charities
Jenkins Memorial Nursing Home
Grant Deed
$250,000 · Suntrust Bank NA
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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