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Property profile & analytics
OFF-MARKET
Estimated value
$3,520,000
Apartment buildings
3401 Guilford Ter, Baltimore, MD 21218
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1540890
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1925
Construction
BRICK
Total area
18,468 SF
Lot
0.29 ac (12,508 SF)
Zoning code
R-6
APN
12-18-3732B-024
UPID
US40-1540890
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.30M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$3.52M
Owner & transaction history
Guilford Apartments LLC · 3 yrs held
Guilford Apartments LLC
since 2023
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
R-6 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.3M
+78.5%
Restaurant
$4.2M
+75.9%
Neighborhood: shopping center
$3.4M
+41.7%
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
$3,780,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,570,000
6.5%
$3,295,000
7%
$3,060,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,385,000
Current use
AUTO REPAIR, GARAGE
$4,260,000
Change: +79% · Conversion: Difficult
RESTAURANT
$4,200,000
Change: +76% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,380,000
Change: +42% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,810,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$2,685,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$2,570,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.52M
Range $3.17M – $3.87M · ±10% · vs last sale $3.50M (Apr 10 2023)
Last sale anchor
$3.50M
Apr 10 2023
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
$191 / 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
$41,791
Tax year 2023
Assessed value
$1,770,800
Assessed 2023
Previous assessed
$1,770,800
+0.0% YoY
Effective rate
2.36%
On assessed value
Land market value
$187,600
Improvement market value
$1,643,600
Total market value
$1,831,200
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1925
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
24
Total area
18,468 SF
Lot
0.29 ac (12,508 SF)
Zoning code
R-6
APN
12-18-3732B-024
UPID
US40-1540890
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RESTAURANT
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1925
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
24
Lot
0.29 ac
Current owner
From public records · entity-resolved
Guilford Apartments LLC
Entity
Mailing address
1014 W 36TH ST, BALTIMORE, MD 21211-2415
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2023
$3,500,000
Guilford Apartments LLC
Guiliford Court LLC
Deed
—
Sep 3, 2015
$2,212,500
Gulford Court LLC
300a II University LLC
Grant Deed
$1,660,000 · Presidential Bk
Sep 22, 2011
$1,375,000
300a II University LLC
Guilford-homewood LP
Grant Deed
—
May 13, 2008
—
Guilford-homewood
—
Deed Of Trust
related
$1,840,000 · Sovereign Bank
—
—
Guilford-homewood LP
—
Deed Of Trust
related
$508,000 · Manufacturers Traders & Trust
—
—
300a II University LLC
—
Deed Of Trust
related
$1,100,000 · M & T Bank
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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