Realmo Analytics

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Property profile

5 Allegheny Ave Baltimore, MD 21204

FOR LEASE
Office buildings
Property ID
US40-1066634
2,883 SF 0.17 ac lot Built 1964
Last sale Mar 2026 · $1,443,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 5 Allegheny Avenue in Baltimore is a retail/commercial space with an existing interior build-out and a flexible commercial layout. The configuration is designed to support a range of uses, including boutique retail, professional services, studio use, and specialty-store operations. The building was constructed in 1964 and is located in the Towson Circle area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$701k
Effective rate0.65%

Value estimate

· Oct 2026
$490k
$441k – $539k
Submarket $/SF estimate$961k
NOI build-up
Gross scheduled income$192k
Vacancy & credit loss−$32k
Operating expenses−$40k
NOI · 4,294.46% cap applied$120k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$146 – $333
Qualifying comparables9

Cap rate analysis

How does the asset earn?
4,294.46%
$120k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BMCT
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.9
Auto Parts Store13.9
Barber Shop11.5

Location

5 Allegheny Ave Baltimore, MD 21204
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
304 Pennsylvania, Baltimore, MD 21204-4424 $450,000 Jun 2025 2,560 SF
312 Chesapeake, Towson, MD 21204-4410 $400,000 Aug 2024 3,099 SF
405 Central, Baltimore, MD 21204-4216 $381,600 Dec 2023 2,482 SF
309 Pennsylvania, Towson, MD 21204-4419 $450,000 Jun 2023 2,500 SF
402 Pennsylvania, Towson, MD 21204-4228 $695,000 Jun 2022 3,468 SF
300 Allegheny, Towson, MD 21204-4217 $845,000 May 2022 3,027 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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