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Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Strip malls
5400 York Rd, Baltimore, MD 21212-3831
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-2212143
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1940
Construction
BRICK
Total area
15,148 SF
Lot
1.4 ac (60,984 SF)
Zoning code
C-1
APN
27-11-5026A-001
UPID
US40-2212143
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
-
Beauty Point (Bike/Boat/Book/etc) Store Cosmetic Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.04M
CAP Approach
CAP
$3.77M
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$4.04M
Owner & transaction history
York Investment INC · 2 yrs held
York Investment INC
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
C-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+26.0%
Restaurant
$3.4M
+24.2%
Office building
$3.1M
+12.1%
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
$4,040,000
ML approach
$4,040,000
CAP Approach
CAP Return
Estimation
6%
$4,080,000
6.5%
$3,765,000
7%
$3,495,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,775,000
Current use
AUTO REPAIR, GARAGE
$3,495,000
Change: +26% · Conversion: Difficult
RESTAURANT
$3,445,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$3,110,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,500,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±10% · vs last sale $4.04M (Apr 17 2024)
Last sale anchor
$4.04M
Apr 17 2024
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
$267 / 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
$54,508
Tax year 2023
Assessed value
$2,309,667
Assessed 2023
Previous assessed
$2,297,533
+0.5% YoY
Effective rate
2.36%
On assessed value
Land market value
$609,800
Improvement market value
$1,712,000
Total market value
$2,321,800
Applied tax rate
27.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
15,148 SF
Lot
1.4 ac (60,984 SF)
Zoning code
C-1
APN
27-11-5026A-001
UPID
US40-2212143
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-1 · Baltimore, MD
Zoning C-1 · permitted uses
C-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
RESTAURANT
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
COMMERCIAL (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
1940
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
York Investment INC
Entity
Mailing address
5400 YORK RD BALTIMORE
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$4,040,000
York Investment INC
Homeland Retail Center LLC
Deed
$2,700,000 · Wesbanco Bank INC
Nov 5, 2008
$3,225,000
Homeland Retail Center LLC
Weiskopf Barry
Deed Of Trust
related
$1,800,000 · Manufacturers Traders & Trust
Feb 1, 2008
—
5400 York LLC
—
Trustees Deed
related
$200,000 · Joseph N Franco
Jan 28, 2008
$1,000,000
5400 York LLC
5400 York LLC
Grant Deed
related
—
Oct 15, 2007
—
5400 York LLC
—
Deed Of Trust
related
$3,100,000 · Zions First National Bank
Oct 4, 2004
$4,000,000
5400 York LLC
Homeland Center LLC
Grant Deed
$4,216,000 · Oba Fsb
Apr 2, 2003
—
Homeland Center LLC
Jain,mishrilal
Grant Deed
related
—
—
—
Homeland Retail Center LLC
—
Deed Of Trust
related
$1,680,000 · M&t Bk
—
—
Homeland Center LLC
—
Deed Of Trust
related
$300,000 · Mishrilal Jain
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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