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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Investment properties
5310 Ritchie Hwy Baltimore, MD 21225-3442
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US40-2382833
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1952
Construction
STONE
Total area
2,247 SF
Lot
0.44 ac (19,375 SF)
Zoning code
C2
APN
05-047-90007686
UPID
US40-2382833
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
-
Walker's Life Memorial Center - Brooklyn Park Social Service Agency
-
Gene's Floral Creations (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$540k
Owner & transaction history
Eugene N Walker · 19 yrs held
Eugene N Walker
since 2006
3 recorded transactions
Zoning & alternative use
C2 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$520,000
+39.9%
Office building
$460,000
+24.6%
Neighborhood: shopping center
$410,000
+11.1%
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)
$370,000
Current use
AUTO REPAIR, GARAGE
$520,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$460,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$340,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$325,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$240 / 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
$3,881
Tax year 2023
Assessed value
$355,400
Assessed 2023
Previous assessed
$328,700
+8.1% YoY
Effective rate
1.09%
On assessed value
Land market value
$286,200
Improvement market value
$122,600
Total market value
$408,800
Applied tax rate
5.0000
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
1952
Construction
STONE
Heating
HEAT PUMP
Cooling
YES
Stories
2
Units
1
Bathrooms
2
Total area
2,247 SF
Lot
0.44 ac (19,375 SF)
Zoning code
C2
APN
05-047-90007686
UPID
US40-2382833
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C2 · Baltimore, MD
Zoning C2 · permitted uses
C2 · 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
$370,000
AUTO REPAIR, GARAGE
Est. value
$520,000
OFFICE BUILDING
Est. value
$460,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$410,000
WAREHOUSE, STORAGE
Est. value
$340,000
MEDICAL BUILDING
Est. value
$325,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1952
Construction
STONE
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Eugene N Walker
Individual
Mailing address
5310 RITCHIE HWY, BALTIMORE, MD 21225-3442
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2006
$374,500
Eugene N Walker
Rezai Nasser
Deed
$347,256 · M & T Mortgage Corp
—
—
Gail S Walker
—
Loan Modification
related
$347,256 · M&t Bk
—
—
Gail S Walker
—
Loan Modification
related
$347,256 · M&t Bk
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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