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    Property profile & analytics

    512 Harwood Ave Baltimore, MD 21212-3915

    • Assisted living facilities
    • 3,032 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US40-0803125
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • People Encouraging / Physical Therapy Clinic

    Property Details for 512 Harwood Ave

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.24 lot acres
    Property size
    3,032 SF
    Zone code
    R-3
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    27-53-5148A-007
    APU
    27535148A007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $390,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $415,000
      Mixed-Use
      $440,000
      Hospitality
      $360,000
      Educational
      $335,000
      Residential Income
      $335,000
      Energy
      $320,000
      Income-Based Land
      $355,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6082
    Latitude
    39.3577
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $63,000
    $123,300
    $186,300
    -
    $63,000
    $123,300
    $186,300

    Comparable in this City

    • Value Estimation by Request
      17,220 SF

      801 Woodbourne Ave

      HOMES (RETIRED, NURSING) • 17,220 SF
      801 Woodbourne Ave, Baltimore, MD 21212
      View Details
    • Value Estimation by Request
      59,392 SF

      6451 Charles St

      HOMES (RETIRED, NURSING) • 59,392 SF
      6451 Charles St, Baltimore, MD 21212-1010
      View Details
    • Value Estimation by Request
      45,869 SF

      115 Melrose Ave

      HOSPITAL - PRIVATE • 45,869 SF
      115 Melrose Ave, Baltimore, MD 21212-2945
      View Details
    • Value Estimation by Request
      9,805 SF

      5225 York Rd

      MEDICAL BUILDING • 9,805 SF
      5225 York Rd, Baltimore, MD 21212-4256
      View Details
    • Value Estimation by Request
      30,191 SF

      6000 Bellona Ave

      HOSPITAL - PRIVATE • 30,191 SF
      6000 Bellona Ave, Baltimore, MD 21212-2922
      View Details
    • Value Estimation
      $230,000
      2,462 SF

      5708 Bellona Ave

      DENTAL BUILDING • 2,462 SF
      5708 Bellona Ave, Baltimore, MD 21212-3509
      View Details

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    Similar Nearby for Lease

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      Commercial space suitable for medical, retail, office, and educational tenants.
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    512 Harwood Ave
    Baltimore, MD 21212-3915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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