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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Investment properties
525 Charles St Baltimore, MD 21201-5082
Entity Owned
Free & Clear
Property ID
US40-0852219
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
BRICK
Total area
6,060 SF
Lot
0.07 ac (3,072 SF)
Zoning code
OR-2
APN
11-11-0552 -033
UPID
US40-0852219
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
-
Barrett Real Estate Investments Property Investment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$800k
Owner & transaction history
Five25 North Charles LLC
Five25 North Charles LLC
since 2025
7 recorded transactions
Zoning & alternative use
OR-2 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+51.8%
Warehouse, storage
$920,000
+26.1%
Medical building
$880,000
+20.5%
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 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
COMMERCIAL (GENERAL)
$730,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,110,000
Change: +52% · Conversion: Difficult
WAREHOUSE, STORAGE
$920,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$880,000
Change: +20% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$785,000
Change: +7% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$665,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$132 / 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
$10,424
Tax year 2023
Assessed value
$441,700
Assessed 2023
Previous assessed
$519,300
-14.9% YoY
Effective rate
2.36%
On assessed value
Assessed land
$122,800
Assessed improvement
$318,900
Land market value
$122,800
Improvement market value
$318,900
Total market value
$441,700
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
1
Total area
6,060 SF
Lot
0.07 ac (3,072 SF)
Zoning code
OR-2
APN
11-11-0552 -033
UPID
US40-0852219
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
OR-2 · Baltimore, MD
Zoning OR-2 · permitted uses
OR-2 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baltimore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$920,000
MEDICAL BUILDING
Est. value
$880,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$785,000
INDUSTRIAL (GENERAL)
Est. value
$665,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1900
Construction
BRICK
Heating
HOT WATER
Stories
3
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Five25 North Charles LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2612 MARYLAND AVE FL #2, BALTIMORE, MD 21218-4517
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2025
—
Five25 North Charles LLC
525 N Charles LLC
Deed
—
Jun 22, 2016
—
525 N Charles LLC
—
Deed
related
$432,000 · Rosedale Fed'l S&l Assn
May 18, 2016
$536,000
525 N Charles LLC
Far Baltimore LLC
Grant Deed
—
Apr 17, 2015
$325,000
Far Baltimore LLC
Drazin Russell S|savannah Dev Corp
Trustees Deed
—
—
—
Savannah Dev Corp
—
Deed Of Trust
related
$472,000 · Harbor Bank Of Maryland
—
—
525 N Charles LLC
—
Deed Of Trust
related
$432,000 · Rosedale Fed'l S&l Assn
—
—
Savannah Dev Corp
—
Deed Of Trust
related
$460,000 · First Mariner Bank
—
—
Savannah Dev Corp
—
Deed Of Trust
related
$250,000 · Betty J Murphy
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.
Try Rey
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