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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Turn key restaurants
555 Dundalk Ave, Baltimore, MD 21224-2903
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-2394614
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2022
Construction
FRAME
Total area
2,535 SF
Lot
0.57 ac (24,916 SF)
Zoning code
I-1
APN
26-01-6694 -141
UPID
US40-2394614
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
-
Dunkin Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$595k
Owner & transaction history
555 Dundalk LLC · 19 yrs held
555 Dundalk LLC
since 2006
1 recorded transaction
Zoning & alternative use
I-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$740,000
+46.8%
Auto repair, garage
$585,000
+16.2%
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
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
RESTAURANT
$505,000
Current use
OFFICE BUILDING
$740,000
Change: +47% · Conversion: Moderate
AUTO REPAIR, GARAGE
$585,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$235 / 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
$27,677
Tax year 2023
Assessed value
$1,172,767
Assessed 2023
Previous assessed
$326,800
+258.9% YoY
Effective rate
2.36%
On assessed value
Land market value
$350,300
Improvement market value
$909,400
Total market value
$1,259,700
Applied tax rate
26.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,535 SF
Lot
0.57 ac (24,916 SF)
Zoning code
I-1
APN
26-01-6694 -141
UPID
US40-2394614
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
I-1 · Baltimore, MD
Zoning I-1 · permitted uses
I-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
RESTAURANT Current
Est. value
$505,000
OFFICE BUILDING
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$465,000
RESTAURANT Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2022
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
555 Dundalk LLC
Entity
Free & Clear · 19 yrs held
Mailing address
9919 GOLF CRSE RD, OCEAN CITY, MD 21842-9515
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2006
$522,000
555 Dundalk LLC
Gretz Francis E
Grant Deed
—
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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