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Property profile & analytics
OFF-MARKET
Estimated value
$9,715,000
Hospitals
5009 Frankford Ave Baltimore, MD 21206-5353
Entity Owned
~
Est. High Equity
Property ID
US40-0740830
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1990
Construction
BRICK
Total area
49,463 SF
Lot
7.19 ac (313,109 SF)
Zoning code
R-5
APN
26-24-5974 -007
UPID
US40-0740830
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
-
Katharine M. Gamon, PTA Physician
-
Millennium Pharmacy System Inc Pharmacy
-
Michael C. Ventura, PT Physician
-
Soulsman Marcia R Physician
-
William White Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.36M
Blend (final)
Blend
$9.72M
Owner & transaction history
Post Acute Care Center Opco LLC
Post Acute Care Center Opco LLC
since 2025
6 recorded transactions
Zoning & alternative use
R-5 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-5 Transitional Residential Zoning District is intended for those areas that facilitate a transition from primarily single-family neighborhoods to neighborhoods that contain a wider mix of housing types.
Zone name
Row House And Multifamily Residential
General category
RESIDENTIAL
Zone area
3,858.20 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$11.4M
+58.8%
Restaurant
$11.3M
+56.5%
Office building
$10.2M
+41.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,185,000
Current use
AUTO REPAIR, GARAGE
$11,415,000
Change: +59% · Conversion: Difficult
RESTAURANT
$11,250,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$10,160,000
Change: +41% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,060,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,525,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$6,890,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$9.72M
Range $8.74M – $10.69M · ±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
$196 / 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
$500,029
Tax year 2023
Assessed value
$21,187,667
Assessed 2023
Previous assessed
$19,622,167
+8.0% YoY
Effective rate
2.36%
On assessed value
Land market value
$1,095,800
Improvement market value
$20,679,700
Total market value
$21,775,500
Applied tax rate
26.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
3
Units
1
Total area
49,463 SF
Lot
7.19 ac (313,109 SF)
Zoning code
R-5
APN
26-24-5974 -007
UPID
US40-0740830
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
R-5 · Baltimore, MDZoning R-5 · permitted uses
R-5 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-5 Transitional Residential Zoning District is intended for those areas that facilitate a transition from primarily single-family neighborhoods to neighborhoods that contain a wider mix of housing types.
Zone name
Row House And Multifamily Residential
General category
RESIDENTIAL
Zone area
3,858.20 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$11.4M
RESTAURANT
Est. value
$11.3M
OFFICE BUILDING
Est. value
$10.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.1M
WAREHOUSE, STORAGE
Est. value
$7.5M
RETAIL STORES
Est. value
$6.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RETAIL STORES
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
1990
Construction
BRICK
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
3
Units
1
Lot
7.19 ac
Current owner
From public records · entity-resolved
Post Acute Care Center Opco LLC
Entity
Mailing address
945 BROADWAY, WOODMERE, NY 11598-1733
Ownership since
2025
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
Oct 1, 2025
—
Post Acute Care Center Opco LLC
Md Mt Ap LLC
Deed
$61,585,100 · Greystone Funding Company LLC
Mar 25, 2021
—
Post Acute Care Center Propco LLC
—
Deed
related
$64,000,000 · Israel Discount Bank Of New York
Jul 15, 2019
—
Post Acute Care Center Propco LLC
—
Deed
related
$4,800,000 · Metropolitan Commercial Bank
May 23, 2019
$23,360,000
Acute Care Center Propco LLC
Senior Living II LLC
Special Warranty Deed
$37,549,000 · Citizens Bank NA
May 1, 2007
$12,615,000
Woods Senior Living Brinton II
Mangione,nicholas SR & Mary C
Deed Of Trust
related
$15,000,000 · Capital Lending & Mtg Grp LLC
—
—
Post-acute Care Ctr Propco LLC
—
Deed Of Trust
related
$32,601,927 · Citizens Bk NA
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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