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Property profile & analytics
OFF-MARKET
Estimated value
$3,515,000
Warehouses
4111 Washington Blvd Halethorpe, MD 21227-4136
Entity Owned
~
Est. High Equity
Property ID
US40-1413503
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1953
Construction
BRICK
Total area
33,600 SF
Lot
2.4 ac (104,544 SF)
Zoning code
BR
APN
13-1319070850
UPID
US40-1413503
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
$2.59M
Blend (final)
Blend
$3.52M
Owner & transaction history
Abby Commercial Properties LLC
Abby Commercial Properties LLC
since 2025
Last sale
$4.9M
4 recorded transactions
Zoning & alternative use
BR · Halethorpe, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+4.3%
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 Halethorpe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halethorpe 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
WAREHOUSE, STORAGE
$5,110,000
Current use
COMMERCIAL (GENERAL)
$5,330,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$4,880,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$4,680,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$3.52M
Range $3.16M – $3.87M · ±10% · vs last sale $4.90M (Aug 3 2025)
Last sale anchor
$4.90M
Aug 3 2025
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
$105 / 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
$1,526
Tax year 2023
Assessed value
$1,501,300
Assessed 2023
Previous assessed
$1,490,400
+0.7% YoY
Effective rate
0.10%
On assessed value
Land market value
$720,000
Improvement market value
$792,200
Total market value
$1,512,200
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1953
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
33,600 SF
Lot
2.4 ac (104,544 SF)
Zoning code
BR
APN
13-1319070850
UPID
US40-1413503
Jurisdiction
BALTIMORE
Zoning & alternative use
BR · Halethorpe, MD
Zoning BR · permitted uses
BR · Halethorpe, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Halethorpe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$4.9M
RETAIL STORES
Est. value
$4.7M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1953
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Abby Commercial Properties LLC
Entity
Mailing address
4111 WASHINGTON BLVD, HALETHORPE, MD 21227-4136
Ownership since
2025
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
Nov 3, 2025
$4,900,000
Abby Commercial Properties LLC
Vehicles For Change INC
Special Warranty Deed
$3,920,000 · M & T Bank
Mar 12, 2018
—
Vehicles For Change INC
—
Deed
related
$1,100,000 · Bay Bank
Aug 21, 2012
$1,350,000
For Change Vehicles
Dmh Commercial Properties LLC
Deed Of Trust
$1,080,000 · Pnc Bank
Sep 15, 2009
—
Dmh Commercial Properties LLC
Hendricks,diane M
Grant Deed
related
—
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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