New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,935,000
Hotels
4 University Pkwyinn, Baltimore, MD 21218-2387
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US40-1116962
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1989
Construction
BRICK
Total area
85,909 SF
Lot
1.97 ac (85,909 SF)
Zoning code
R-10
APN
12-18-3695A-088
UPID
US40-1116962
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.94M
Owner & transaction history
Rwn-colonnade Hotel LLC · 19 yrs held
Rwn-colonnade Hotel LLC
since 2007
4 recorded transactions
Zoning & alternative use
R-10 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$19.8M
+49.7%
Restaurant
$19.5M
+47.5%
Neighborhood: shopping center
$15.7M
+18.8%
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
HOTEL/MOTEL
$13,245,000
Current use
AUTO REPAIR, GARAGE
$19,820,000
Change: +50% · Conversion: Difficult
RESTAURANT
$19,535,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,735,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$13,070,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$12,485,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$11,965,000
Change: -10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,105,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$12.94M
Range $11.64M – $14.23M · ±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
$151 / 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
$294,975
Tax year 2023
Assessed value
$12,498,933
Assessed 2023
Previous assessed
$13,586,700
-8.0% YoY
Effective rate
2.36%
On assessed value
Land market value
$1,374,500
Improvement market value
$12,212,200
Total market value
$13,586,700
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
125
Total area
85,909 SF
Lot
1.97 ac (85,909 SF)
Zoning code
R-10
APN
12-18-3695A-088
UPID
US40-1116962
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
R-10 · Baltimore, MD
Zoning R-10 · permitted uses
R-10 · 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
HOTEL/MOTEL Current
Est. value
$13.2M
AUTO REPAIR, GARAGE
Est. value
$19.8M
RESTAURANT
Est. value
$19.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.7M
WAREHOUSE, STORAGE
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$12.5M
RETAIL STORES
Est. value
$12.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.1M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
1989
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
125
Lot
1.97 ac
Current owner
From public records · entity-resolved
Rwn-colonnade Hotel LLC
Entity
Mailing address
4 W UNIVERSITY PKWY, BALTIMORE, MD 21218-2387
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2007
$15,000,000
Rwn-colonnade Hotel LLC
University Parkway Nominee Cor
Grant Deed
$17,250,000 · Cwcapital LLC
Oct 3, 2001
—
University Parkway Nominee Co
—
Deed Of Trust
related
$10,300,000 · Deutsche Banc Mortgage Capital
Aug 21, 2001
—
University Parkway Trustee
Bresler & Reiner INC
Grant Deed
related
—
—
—
Rwn-colonnade Hotel LLC
—
Deed Of Trust
related
$22,700,000 · Cantor Com'l R/e Lndg
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4 University Pkwyinn?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
