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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Investment properties
5302 Ee Dr, Halethorpe, MD 21227-2664
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-0874192
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Construction
BRICK
Total area
6,664 SF
Lot
0.16 ac (7,171 SF)
Zoning code
BL
APN
13-1311770381
UPID
US40-0874192
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.18M
Owner & transaction history
5300 East Drive LLC · 6 yrs held
5300 East Drive LLC
since 2019
4 recorded transactions
Zoning & alternative use
BL · Halethorpe, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+45.5%
Restaurant
$1.5M
+43.4%
Office building
$1.4M
+29.5%
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 Halethorpe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halethorpe 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)
$1,055,000
Current use
AUTO REPAIR, GARAGE
$1,540,000
Change: +45% · Conversion: Difficult
RESTAURANT
$1,515,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$1,370,000
Change: +29% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,220,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,015,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: -8% · Conversion: Easy
RETAIL STORES
$930,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$176 / 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
$6,052
Tax year 2023
Assessed value
$705,367
Assessed 2023
Previous assessed
$694,600
+1.6% YoY
Effective rate
0.86%
On assessed value
Land market value
$143,400
Improvement market value
$583,500
Total market value
$726,900
Applied tax rate
13.0000
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
Construction
BRICK
Heating
RADIANT
Buildings
2
Stories
2
Units
2
Total area
6,664 SF
Lot
0.16 ac (7,171 SF)
Zoning code
BL
APN
13-1311770381
UPID
US40-0874192
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Halethorpe, MD
Zoning BL · permitted uses
BL · Halethorpe, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Halethorpe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$970,000
RETAIL STORES
Est. value
$930,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
Construction
BRICK
Heating
RADIANT
Stories
2
Buildings
2
Units
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
5300 East Drive LLC
Entity
Mailing address
4408 BENNION RD, SILVER SPRING, MD 20906-4652
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
—
5300 East Drive LLC
—
Deed
related
$792,000 · Nymeo FCU
Sep 5, 2019
$830,000
5300 East Drive LLC
5300 East LLC
Grant Deed
$664,000 · Navy FCU
Oct 26, 2009
$400,000
5300 East LLC
Snellings,ilga
Grant Deed
—
Jan 8, 1998
—
Aina Smerdzinski Ilga Ratermanis
Ratermanis,aina
Quit Claim Deed
related
—
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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