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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Individual retail properties
5511 Baltimore National Pike, Baltimore, MD 21228-1532
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0937383
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
2009
Total area
9,300 SF
Lot
1.22 ac (53,143 SF)
Zoning code
BLCCC
APN
01-2500004164
UPID
US40-0937383
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
-
Sudsville Laundry Systems Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$865k
Owner & transaction history
Quartner Commercial Props LLC · 18 yrs held
Quartner Commercial Props LLC
since 2008
5 recorded transactions
Zoning & alternative use
BLCCC · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+35.9%
Office building
$1.2M
+33.5%
Retail stores
$1.1M
+28.9%
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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LAUNDROMAT (SELF-SERVICE)
$875,000
Current use
RESTAURANT
$1,185,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$1,165,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$1,125,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,030,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$93 / 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
$67,141
Tax year 2023
Assessed value
$1,249,600
Assessed 2023
Previous assessed
$1,249,600
+0.0% YoY
Effective rate
5.37%
On assessed value
Assessed land
$488,000
Assessed improvement
$761,600
Land market value
$488,000
Improvement market value
$761,600
Total market value
$1,249,600
Applied tax rate
1.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Stories
1
Units
1
Total area
9,300 SF
Lot
1.22 ac (53,143 SF)
Zoning code
BLCCC
APN
01-2500004164
UPID
US40-0937383
Jurisdiction
BALTIMORE
Zoning & alternative use
BLCCC · Baltimore, MD
Zoning BLCCC · permitted uses
BLCCC · 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
LAUNDROMAT (SELF-SERVICE) Current
Est. value
$875,000
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
LAUNDROMAT (SELF-SERVICE) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2009
Heating
FORCED AIR
Stories
1
Units
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Quartner Commercial Props LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1933 GREENSPRING DR, TIMONIUM, MD 21093-4113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2009
—
Quartner Commercial Props LLC
—
Deed Of Trust
related
$1,500,000 · Pnc Bank
Feb 21, 2008
—
Quartner Commercial Props LLC
Abglo Associates LLC
Quit Claim Deed
related
—
Feb 21, 2008
$2,000,000
Quartner Commercial Props LLC
Gallerizzo,michael G
Trustees Deed
—
Apr 30, 2004
$275,010
Q-c Catonsville LLC
Ab-glo Associates
Quit Claim Deed
related
—
—
—
Quartner Commercial Props LLC
—
Deed Of Trust
related
$750,000 · Pnc Bank
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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