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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
5411 York Rd, Baltimore, MD 21212-3832
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0014113
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
BRICK
Total area
5,179 SF
Lot
0.15 ac (6,480 SF)
Zoning code
C-1
APN
27-53-5152 -032A
UPID
US40-0014113
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
-
Rosen's Fine Wine & Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Rosen's Liquor store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$610k
Owner & transaction history
Next 1 LLC · 3 yrs held
Next 1 LLC
since 2023
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
C-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$950,000
+31.5%
Commercial (general)
$855,000
+18.4%
Warehouse, storage
$790,000
+9.2%
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
$545,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$950,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$855,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$790,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$755,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $600k (Apr 4 2023)
Last sale anchor
$600k
Apr 4 2023
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
$118 / 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
$10,238
Tax year 2023
Assessed value
$433,800
Assessed 2024
Previous assessed
$433,800
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$64,800
Assessed improvement
$369,000
Land market value
$64,800
Improvement market value
$369,000
Total market value
$433,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
5,179 SF
Lot
0.15 ac (6,480 SF)
Zoning code
C-1
APN
27-53-5152 -032A
UPID
US40-0014113
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
RETAIL STORES Current
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$790,000
MEDICAL BUILDING
Est. value
$755,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1955
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Next 1 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
180 HIGH PARK LN APT #326, SILVER SPRING, MD 20910-3196
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Apr 4, 2023
$600,000
Next 1 LLC
Ki Bong Song
Deed
—
Aug 16, 2005
$500,000
Ki B Song
Park,william T & Estelle S
Grant Deed
$400,000 · Nara Bank
—
—
Ki B Song
—
Deed Of Trust
related
$157,000 · Td Bank NA
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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