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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Bars & Pubs
4802 Benson Ave, Halethorpe, MD 21227-1501
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US40-0198149
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1935
Construction
BRICK
Total area
5,004 SF
Lot
1.12 ac (48,787 SF)
Zoning code
ML
APN
13-1305430000
UPID
US40-0198149
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
$967k
Blend (final)
Blend
$740k
Owner & transaction history
Fisher Properties LLC · 23 yrs held
Fisher Properties LLC
since 2002
7 recorded transactions
Zoning & alternative use
ML · Halethorpe, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+1.5%
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
RESTAURANT
$1,140,000
Current use
AUTO REPAIR, GARAGE
$1,155,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,030,000
Change: -10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$148 / 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
$8,843
Tax year 2023
Assessed value
$680,300
Assessed 2023
Previous assessed
$661,300
+2.9% YoY
Effective rate
1.30%
On assessed value
Land market value
$280,000
Improvement market value
$438,300
Total market value
$718,300
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1935
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Total area
5,004 SF
Lot
1.12 ac (48,787 SF)
Zoning code
ML
APN
13-1305430000
UPID
US40-0198149
Jurisdiction
BALTIMORE
Zoning & alternative use
ML · Halethorpe, MD
Zoning ML · permitted uses
ML · 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
RESTAURANT Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
RESTAURANT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1935
Construction
BRICK
Heating
FORCED AIR
Stories
1
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Fisher Properties LLC
Entity
Mailing address
4802 BENSON AVE, HALETHORPE, MD 21227-1501
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
—
Fisher Properties LLC
—
Deed
related
$425,000 · Truist Bk
Mar 8, 2019
—
Fisher Properties LLC
—
Deed
related
$300,000 · Branch Bk&tr
Apr 16, 2018
—
Fisher Properties LLC
—
Deed
related
$300,000 · Urban Renaissance Builders LLC
Dec 13, 2002
$475,000
Fisher Properties LLC
Fischer,paul G & Elizabeth J
Grant Deed
$475,000 · Paul G & Elizabeth J Fischer
Jun 12, 2001
—
Paul G Fischer
Fischer,paul G
Quit Claim Deed
related
$162,000 · First Union National Bank
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$300,000 · Branch Bk&tr
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$100,000 · Branch Bk&tr
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$600,000 · First Mariner Bank
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$60,216 · Private Lender
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$300,000 · Urban Renaissance Builders LLC
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$425,000 · Truist Bk
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$490,000 · First Mariner Bank
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$100,000 · First Mariner Bank
—
—
Fisher Properties LLC
—
Deed Of Trust
related
$100,000 · First Mariner 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.
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