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Property profile & analytics
OFF-MARKET
Medical Office Space

5616 Park Hts Ave Baltimore, MD 21215-3969

10,101 SF 0.17 ac lot Built 1968
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US40-0786726
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,101 SF
Lot 0.17 ac (7,413 SF)
Zoning code OR-1
APN 27-23-4429 -009
UPID US40-0786726
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
  • Madison Street Build and Design Group LLC General Contractor
  • Phoenix Health Services Crisis Center Medical Clinic
  • Stepping Stones Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Heights Coalition LLC|grimes Park · 11 yrs held
Heights Coalition LLC|grimes Park
since 2014
7 recorded transactions
2019
Price N/A
2016
Price N/A
2016
Price N/A
2014
Price N/A
2014
$525,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OR-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

OR Office-Residential Zoning Districts are intended for areas where there is a mix of office and residential uses. The regulations for this district is designed to ensure that office uses remain compatible with residential uses, thereby permitting the area to maintain a more residential character.

Zone name Office Residential
General category RESIDENTIAL
Zone area 207.81 ac
Source Realmo
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