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Property profile & analytics
OFF-MARKET
Estimated value
$7,105,000
Grocery and convenience stores
4624 Edmondson Ave Baltimore, MD 21229-1407
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0883427
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Construction
BRICK
Total area
48,445 SF
Lot
4.23 ac (184,259 SF)
Zoning code
C-3
APN
28-05-7900 -001
UPID
US40-0883427
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
-
Giant Food Grocery & Convenience Store Food Market
-
LibertyX Bitcoin ATM Atm
-
Giant Pharmacy Pharmacy
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.79M
Comparable Approach
Comparable
$7.34M
Blend (final)
Blend
$7.11M
Owner & transaction history
Edmonson Square Partners I INC
Edmonson Square Partners I INC
1 recorded transaction
Zoning & alternative use
C-3 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.2M
+65.7%
Restaurant
$11.0M
+63.3%
Office building
$10.0M
+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%
$9,525,000
6.5%
$8,790,000
7%
$8,165,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,750,000
Current use
AUTO REPAIR, GARAGE
$11,180,000
Change: +66% · Conversion: Difficult
RESTAURANT
$11,015,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$9,950,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,870,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,990,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$7,370,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$7,040,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$7.11M
Range $6.39M – $7.82M · ±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
$147 / 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
$113,042
Tax year 2023
Assessed value
$4,789,900
Assessed 2023
Previous assessed
$4,658,300
+2.8% YoY
Effective rate
2.36%
On assessed value
Assessed land
$634,800
Assessed improvement
$4,155,100
Land market value
$634,800
Improvement market value
$4,155,100
Total market value
$4,789,900
Applied tax rate
28.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
48,445 SF
Lot
4.23 ac (184,259 SF)
Zoning code
C-3
APN
28-05-7900 -001
UPID
US40-0883427
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-3 · Baltimore, MD
Zoning C-3 · permitted uses
C-3 · 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
RETAIL STORES Current
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$11.2M
RESTAURANT
Est. value
$11.0M
OFFICE BUILDING
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$8.0M
WAREHOUSE, STORAGE
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$7.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1998
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
4.23 ac
Current owner
From public records · entity-resolved
Edmonson Square Partners I INC
Entity
Mailing address
605 S EDEN ST STE #250, BALTIMORE, MD 21231-2897
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Edmonson Square Partners I INC
—
Deed Of Trust
related
$8,400,000 · Conseco Mortgage Capital INC
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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