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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Medical Office Space
4710 Pennington Ave, Baltimore, MD 21226-1405
Entity Owned
~
Est. High Equity
Property ID
US40-2216042
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,936 SF
Lot
0.19 ac (8,400 SF)
Zoning code
OR-1
APN
25-08-7192 -027
UPID
US40-2216042
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
-
Gehlert Carter Fisher Mds Physician
-
Hudyma Eugene DPM Physician
-
New Vision Behavioral Health Crisis Center Medical Clinic
-
The Well (Drink at The Well INC) Charitable Organization Social Service Agency
-
Mira Tamader H MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$650k
Owner & transaction history
4710 Pennington Avenue LLC
4710 Pennington Avenue LLC
since 2026
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
OR-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $850k (Feb 11 2026)
Last sale anchor
$850k
Feb 11 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
$65 / 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
$14,066
Tax year 2023
Assessed value
$596,000
Assessed 2023
Previous assessed
$584,100
+2.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$126,000
Assessed improvement
$470,000
Land market value
$126,000
Improvement market value
$470,000
Total market value
$596,000
Applied tax rate
25.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
9,936 SF
Lot
0.19 ac (8,400 SF)
Zoning code
OR-1
APN
25-08-7192 -027
UPID
US40-2216042
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
OR-1 · Baltimore, MD
Zoning OR-1 · permitted uses
OR-1 · 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.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
4710 Pennington Avenue LLC
Entity
Mailing address
4700 PENNINGTON AVE, BALTIMORE, MD 21226
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
4710 Pennington Avenue LLC
—
Deed
related
$300,000
Feb 11, 2026
$850,000
4710 Pennington Avenue LLC
Dwell Properties LLC
Deed
$240,000 · Amanda Memmel
Sep 20, 2021
—
Dwell Properties LLC
Amanda Memmel
Deed
—
Jun 24, 2016
—
Jordlie LLC
—
Deed
related
$70,000 · M&t Bk
Apr 3, 2013
$300,000
Ashland New Homes IV LLC
Dubose Richard A III
Trustees Deed
$300,000 · Pomeranz Alvin Trust
—
—
Jordlie LLC
—
Deed Of Trust
related
$70,000 · M&t Bk
—
—
Jordlie LLC
—
Deed Of Trust
related
$330,000 · M&t Bk
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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