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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
419 Charles St, Baltimore, MD 21201-4405
Entity Owned
~
Est. High Equity
Property ID
US40-2404815
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
BRICK
Total area
3,560 SF
Lot
0.04 ac (1,548 SF)
Zoning code
C-5HT
APN
04-01-0566 -010
UPID
US40-2404815
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
Current use
Occupant on record · Public records
-
Chesapeake Design Group Inc Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$530k
Blend (final)
Blend
$585k
Owner & transaction history
Davicks419 Limited Liabilty Company
Davicks419 Limited Liabilty Company
since 2026
Last sale
$772,500
6 recorded transactions
Zoning & alternative use
C-5HT · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+138.5%
Neighborhood: shopping center
$650,000
+89.3%
Warehouse, storage
$540,000
+57.2%
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%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$820,000
Change: +138% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$650,000
Change: +89% · Conversion: Difficult
WAREHOUSE, STORAGE
$540,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$515,000
Change: +50% · Conversion: Easy
COMMERCIAL (GENERAL)
$430,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $773k (Feb 25 2026)
Last sale anchor
$773k
Feb 25 2026
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
$164 / 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
$11,175
Tax year 2023
Assessed value
$473,500
Assessed 2023
Previous assessed
$473,500
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$77,400
Assessed improvement
$396,100
Land market value
$77,400
Improvement market value
$396,100
Total market value
$473,500
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
3,560 SF
Lot
0.04 ac (1,548 SF)
Zoning code
C-5HT
APN
04-01-0566 -010
UPID
US40-2404815
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-5HT · Baltimore, MD
Zoning C-5HT · permitted uses
C-5HT · 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
AUTO REPAIR, GARAGE
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$540,000
MEDICAL BUILDING
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$430,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1920
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Davicks419 Limited Liabilty Company
Entity
Mailing address
419 N CHARLES ST, BALTIMORE, MD 21201-4405
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Feb 25, 2026
$772,500
Davicks419 Limited Liabilty Company
419 Charles LLC
Deed
$733,875 · Wesbanco Bank INC
Sep 22, 2006
$500,000
419 Charles LLC
Yousefi,mohammad & Meimanat
Grant Deed
$1,075,000 · Bank Of America
Dec 3, 2004
$371,250
Mohammad Yousefi
419 North Charles Street LLC
Grant Deed
$278,600 · Virginia Commerce Bank
Apr 15, 2003
—
419 North Charles Street LLC
Tsimis,eugenia M & Michael S
Grant Deed
related
—
—
—
419 Charles LLC
—
Deed Of Trust
related
$135,000 · Manufacturers Traders & Trust
—
—
419 Charles LLC
—
Deed Of Trust
related
$820,000 · Manufacturers Traders & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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