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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Drive through restaurants
5726 Ritchie Hwy Brooklyn, MD 21225-3641
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-1127961
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1986
Construction
BRICK
Total area
1,916 SF
Lot
12.34 ac (537,530 SF)
Zoning code
C3
APN
05-000-09871400
UPID
US40-1127961
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$345k
Blend (final)
Blend
$520k
Owner & transaction history
The Leru Company · 4 yrs held
The Leru Company
since 2021
2 recorded transactions
Zoning & alternative use
C3 · Brooklyn, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$440,000
+1.5%
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 Brooklyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn 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
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$435,000
Current use
AUTO REPAIR, GARAGE
$440,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$395,000
Change: -10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$350,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$271 / 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
$153,848
Tax year 2023
Assessed value
$14,088,600
Assessed 2023
Previous assessed
$16,231,500
-13.2% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,925,700
Assessed improvement
$8,162,900
Land market value
$5,925,700
Improvement market value
$8,162,900
Total market value
$14,088,600
Applied tax rate
5.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1986
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
4
Stories
1
Units
4
Total area
1,916 SF
Lot
12.34 ac (537,530 SF)
Zoning code
C3
APN
05-000-09871400
UPID
US40-1127961
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Brooklyn, MD
Zoning C3 · permitted uses
C3 · Brooklyn, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$435,000
AUTO REPAIR, GARAGE
Est. value
$440,000
OFFICE BUILDING
Est. value
$395,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$350,000
RESTAURANT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
12.34 ac
Current owner
From public records · entity-resolved
The Leru Company
Entity
Free & Clear · 4 yrs held
Mailing address
450 FASHION AVE FL #45, NEW YORK, NY 10123-4599
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
The Leru Company
The Leru Company
Intrafamily Transfer
related
—
—
—
Leru Co
—
Deed Of Trust
related
$10,000,000 · Residential Funding Corp
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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