Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Retail space
4111 Wholesale Clb Dr Baltimore, MD 21236-3409
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0723667
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
BRICK
Total area
5,400 SF
Lot
2.01 ac (87,556 SF)
Zoning code
BR
APN
14-2200016283
UPID
US40-0723667
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
$1.18M
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$875k
Owner & transaction history
Belair Road White Marsh Joint Ventu · 4 yrs held
Belair Road White Marsh Joint Ventu
since 2022
3 recorded transactions
Zoning & alternative use
BR · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+65.7%
Restaurant
$1.2M
+63.3%
Office building
$1.1M
+47.4%
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%
$1,275,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
RETAIL STORES
$750,000
Current use
AUTO REPAIR, GARAGE
$1,245,000
Change: +66% · Conversion: Difficult
RESTAURANT
$1,230,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$1,110,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$990,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$820,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$162 / 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
$14,116
Tax year 2023
Assessed value
$1,665,000
Assessed 2023
Previous assessed
$1,665,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,005,000
Assessed improvement
$660,000
Land market value
$1,005,000
Improvement market value
$660,000
Total market value
$1,665,000
Applied tax rate
14.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
3
Total area
5,400 SF
Lot
2.01 ac (87,556 SF)
Zoning code
BR
APN
14-2200016283
UPID
US40-0723667
Jurisdiction
BALTIMORE
Zoning & alternative use
BR · Baltimore, MDZoning BR · permitted uses
BR · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$990,000
WAREHOUSE, STORAGE
Est. value
$820,000
MEDICAL BUILDING
Est. value
$785,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1990
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
3
Lot
2.01 ac
Current owner
From public records · entity-resolved
Belair Road White Marsh Joint Ventu
Individual
Mailing address
501 FAIRMOUNT AVE STE #101, TOWSON, MD 21286-5462
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 17, 2022
—
Belair Road White Marsh Joint Ventu
—
Deed
related
$17,825,000 · Rga Reinsurance Company
—
—
Belair Road White Marsh Jv
—
Loan Modification
related
$12,700,000 · Susquehanna Bank
—
—
Belair Road White Marsh Jv
—
Deed Of Trust
related
$12,700 · Susquehanna 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.
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 4111 Wholesale Clb Dr?
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.
