Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3433 Greenmount Ave Baltimore, MD 21218-2824

    • Investment properties
    • 1,890 SF
    • 0.03 lot acres
    OFF-MARKET
    Last Sale
    Apr 10, 2023
    $207,000
    Value Estimations
    $210,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0645350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chickfinity / Breakfast Restaurant / Brunch Restaurant
    • Niya.B Stylez / Hair Salon

    Property Details for 3433 Greenmount Ave

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.03 lot acres
    Property size
    1,890 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    09-02-4049C-013
    APU
    09024049C013

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $225,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $164,000
      Market price range: $142k - $285k
      AI Estimate
      $169,000
      Market price range: $153k - $591k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $210,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $345,000
      Change: +65% Conversion: Difficult
      WAREHOUSE, STORAGE
      $290,000
      Change: +37% Conversion: Difficult
      MEDICAL BUILDING
      $275,000
      Change: +31% Conversion: Easy
      RETAIL STORES
      $265,000
      Change: +25% Conversion: Easy
      OFFICE BUILDING
      $210,000
      Change: +1% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6092
    Latitude
    39.3308
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,423
    $0.00
    $0.00
    $60,300
    -
    $18,200
    $46,300
    $64,500

    Comparable in this City

    • Value Estimation by Request
      1,790 SF

      2700 Harford Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,790 SF
      2700 Harford Rd, Baltimore, MD 21218-4930
      View Details
    • Value Estimation by Request
      1,400 SF

      2104 Greenmount Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,400 SF
      2104 Greenmount Ave, Baltimore, MD 21218-5821
      View Details
    • Value Estimation by Request
      2,610 SF

      2419 Maryland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,610 SF
      2419 Maryland Ave, Baltimore, MD 21218-9806
      View Details
    • Value Estimation by Request
      4,970 SF

      2022 Charles St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,970 SF
      2022 Charles St, Baltimore, MD 21218-5926
      View Details
    • Value Estimation by Request
      41,685 SF

      2436 Charles St

      OFFICE/RESIDENTIAL (MIXED USE) • 41,685 SF
      2436 Charles St, Baltimore, MD 21218-5161
      View Details
    • Value Estimation by Request
      6,496 SF

      2200 Charles St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,496 SF
      2200 Charles St, Baltimore, MD 21218-5718
      View Details

    Similar Nearby for Sale

    • $359,000
      0.03 Acres

      Charles Village Townhouse: Office-Residential Zoned

      Historic townhouse with flexible office and residential space.
      2510 Maryland Ave, Baltimore, MD 21218
      View Details
    • $248,000

      Mixed-Use Corner Building For Sale

      Two-story mixed-use corner building on Greenmount commercial corridor.
      3200 Greenmount Ave, Baltimore, MD 21218
      View Details
    • $995,000
      9,755 SF

      Prime Charles Village Multifamily

      7-unit building, high NOI, strong cap rate.
      38 25Th St, Baltimore, MD 21218
      View Details
    • $975,000
      9,755 SF

      Charles Village Mixed-Use Corner Property

      Two buildings with apartments, office, and commercial spaces.
      38-40 E 25Th St, Baltimore, MD 21218
      View Details
    • $225,000
      4,283 SF

      Baltimore Mixed-Use Investment Opportunity

      Mixed-use property with residential and commercial potential in Baltimore.
      1849 E 29Th St, Baltimore, MD 21218
      View Details
    • $250,000

      Four-Level Mixed-Use Building

      Mixed-use building with retail and residential/commercial potential.
      500 23Rd St E, Baltimore, MD 21218
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      70,000 SF

      70,000 SF Industrial Building

      Industrial building for lease, suitable for various operations.
      1220 Curtain Ave, Baltimore, MD 21218
      View Details
    • Contact for pricing
      2,250 SF

      Office Space for Rent

      2,250 SF office space available for rent.
      2507 N Howard St, Baltimore, MD 21218
      View Details
    • Contact for pricing
      1,870 SF

      Retail-Office Space Available For Lease

      Retail-office space available for lease across three properties.
      3360 Greenmount Ave, Baltimore, MD 21218
      View Details
    • $3,200 /Mo
      2,178 SF

      Renovated Office Building on Harford

      Renovated two-level office building suitable for medical or professional services.
      2224 Harford Rd E, Baltimore, MD 21218
      View Details
    • $15 SF/Yr
      3,000 SF

      Prime Maryland Ave Retail Space

      Historic Charm, Modern Updates, High Visibility
      2126 Maryland Ave, Baltimore, MD 21218
      View Details
    • Contact for pricing
      25,000 SF

      Winthrop House Executive Office Suite

      Prime Baltimore Office Space Available
      4100 Charles St, Baltimore, MD 21218
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3433 Greenmount Ave
    Baltimore, MD 21218-2824
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.