Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    521 Hvn St Baltimore, MD 21205-2902

    • Warehouses
    • 4,140 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    8.5%
    Warehouses
    Location Intelligence
    Property ID
    US40-2346628
    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

    • Axel Tires / Tire Shop

    Property Details for 521 Hvn St

    Year built
    2018
    Lot size
    0.39 lot acres
    Property size
    4,140 SF
    Zone code
    I-2
    Property type
    Warehouses
    APN
    26-20-6167 -001B
    APU
    26206167001B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $455,000
      6.5%
      $420,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $366,000
      Market price range: $125k - $366k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.5627
    Latitude
    39.298
    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
    $8,371
    $78,000
    $276,700
    $354,700
    -
    $78,000
    $276,700
    $354,700

    Comparable in this City

    • Value Estimation
      $380,000
      7,830 SF

      813 Castle St

      WAREHOUSE, STORAGE • 7,830 SF
      813 Castle St, Baltimore, MD 21205-1523
      View Details
    • Value Estimation
      $265,000
      8,052 SF

      814 Chester St

      WAREHOUSE, STORAGE • 8,052 SF
      814 Chester St, Baltimore, MD 21205-1526
      View Details
    • Value Estimation by Request
      76,583 SF

      6301 Erdman Ave

      WAREHOUSE, STORAGE • 76,583 SF
      6301 Erdman Ave, Baltimore, MD 21205-3506
      View Details
    • Value Estimation by Request
      41,576 SF

      6519 Quad Ave

      WAREHOUSE, STORAGE • 41,576 SF
      6519 Quad Ave, Baltimore, MD 21205-3513
      View Details
    • Value Estimation by Request
      12,600 SF

      6420 Erdman Ave

      WAREHOUSE, STORAGE • 12,600 SF
      6420 Erdman Ave, Baltimore, MD 21205-3509
      View Details
    • Value Estimation by Request
      11,507 SF

      718 Debelius Ave

      WAREHOUSE, STORAGE • 11,507 SF
      718 Debelius Ave, Baltimore, MD 21205-3401
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,000 SF

      Prime Baltimore Warehouse For Sale

      12,000 SF Warehouse, I-1 Zoning
      1001 Rose St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      11,000 SF

      Canton Warehouse with Office Space

      11,000 SF warehouse with two-story office in Canton.
      1000 S Linwood Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing
      10,825 SF

      Leased Industrial Property with Yard

      Industrial property 100% leased with prime outdoor storage yard.
      4420 E Eager St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      1 SF

      Prime East Baltimore Warehouse Land

      14 Acres, I-2 Zoning, Industrial Opportunity
      4120 Chase St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      50,995 SF

      Industrial Warehouse Near Port of Baltimore

      50,995 SF industrial/warehouse with access to major highways.
      6001 Erdman Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing
      12,000 SF

      Baltimore Warehouse with Fenced Parking

      12,000 SF warehouse with dock and drive-in door.
      1001 N Rose St, Baltimore, MD 21205
      View Details

    Similar Nearby for Lease

    • $150 SF/Yr
      18,000 SF

      Baltimore Industrial Flex Space

      Prime Baltimore location, versatile layout
      900 Lehigh St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      19,000 SF

      Renovated Flex Building For Lease

      19,000 SF flex building available for lease in Baltimore.
      800 Debelius Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing
      136,100 SF

      Baltimore Warehouse Space Available

      136,100 square foot warehouse space for rent in Baltimore.
      6401 Quad Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing

      Industrial Property with Concrete Apron

      Industrial property featuring a concrete apron and ample power.
      828 North Point Rd, Baltimore, MD 21205
      View Details
    • Contact for pricing
      14,314 SF

      Baltimore Warehouse with Outdoor Storage

      14,314 SF warehouse with ample outdoor storage available for lease.
      1003 N Kresson St, Baltimore, MD 21205
      View Details
    • $7 SF/Yr
      15,000 SF

      Downtown Baltimore Flex Space

      15,000 SF Flex Space, Prime Location
      1010 Chester St, Baltimore, MD 21205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    521 Hvn St
    Baltimore, MD 21205-2902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.