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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
5701 Newbury St, Baltimore, MD 21209-3605
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-1434732
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,856 SF
Lot
0.11 ac (4,835 SF)
Zoning code
C-1
APN
27-17-4652J-002
UPID
US40-1434732
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
-
Europa International Salon Hair Salon Nail Salon
-
Ruby Renee Wigs Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Jupiter Salons Studio Theater & Performing Art Venue
-
Lost Office Key Baltimore MD Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$540k
Owner & transaction history
5701 Newbury LLC · 3 yrs held
5701 Newbury LLC
since 2022
5 recorded transactions
Zoning & alternative use
C-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$660,000
+65.7%
Office building
$585,000
+47.4%
Neighborhood: shopping center
$525,000
+31.5%
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
RETAIL STORES
$400,000
Current use
AUTO REPAIR, GARAGE
$660,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$525,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$470,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$435,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$415,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$189 / 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
$10,022
Tax year 2023
Assessed value
$424,667
Assessed 2023
Previous assessed
$411,733
+3.1% YoY
Effective rate
2.36%
On assessed value
Land market value
$96,700
Improvement market value
$340,900
Total market value
$437,600
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
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,856 SF
Lot
0.11 ac (4,835 SF)
Zoning code
C-1
APN
27-17-4652J-002
UPID
US40-1434732
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
$400,000
AUTO REPAIR, GARAGE
Est. value
$660,000
OFFICE BUILDING
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$470,000
WAREHOUSE, STORAGE
Est. value
$435,000
MEDICAL BUILDING
Est. value
$415,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
5701 Newbury LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6009 BERKELEY AVE, BALTIMORE, MD 21209-4013
Ownership since
2022
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
Dec 19, 2022
—
5701 Newbury LLC
K&s Newbury LLC
Deed
—
Jul 13, 2021
—
K & S Newbury LLC
—
Deed
related
$600,000 · Farmers & Merchants Bank
Sep 29, 2020
$442,500
K & S Newbury LLC
Dk Rose LLC
Grant Deed
$460,000 · Pimlico Group LLC
Jun 27, 2007
$361,250
Dk Rose LLC
Hagen Patrick J
Grant Deed
$692,000 · Provident Bank INC
—
—
Dk Rose LLC
—
Deed Of Trust
related
$412,250 · Columbia Bk
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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