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Property profile & analytics
OFF-MARKET
Estimated value
$19,245,000
Warehouses
5801 Reisterstown Rd, Baltimore, MD 21215-3410
Entity Owned
5-yr Hold
Free & Clear
Property ID
US40-1511653
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
93,162 SF
Lot
1.56 ac (67,779 SF)
Zoning code
C-3
APN
27-23-4421B-001
UPID
US40-1511653
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
-
AUTO GLASS FITTERS Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Public Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.51M
Comparable Approach
Comparable
$24.28M
Blend (final)
Blend
$19.25M
Owner & transaction history
Ps Atlantic Coast 2021 A LLC · 5 yrs held
Ps Atlantic Coast 2021 A LLC
since 2021
Last sale
$19.7M
2 recorded transactions
Zoning & alternative use
C-3 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$21.5M
+51.7%
Restaurant
$21.2M
+49.5%
Office building
$19.1M
+35.0%
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
$24,845,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,635,000
6.5%
$13,510,000
7%
$12,545,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,170,000
Current use
AUTO REPAIR, GARAGE
$21,495,000
Change: +52% · Conversion: Easy
RESTAURANT
$21,185,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$19,130,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,060,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$13,535,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$12,975,000
Change: -8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,150,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$19.25M
Range $17.32M – $21.17M · ±10% · vs last sale $19.67M (May 28 2021)
Last sale anchor
$19.67M
May 28 2021
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
$207 / 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
$255,226
Tax year 2023
Assessed value
$10,814,667
Assessed 2023
Previous assessed
$9,648,500
+12.1% YoY
Effective rate
2.36%
On assessed value
Land market value
$813,300
Improvement market value
$12,831,500
Total market value
$13,644,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
4
Units
2
Total area
93,162 SF
Lot
1.56 ac (67,779 SF)
Zoning code
C-3
APN
27-23-4421B-001
UPID
US40-1511653
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
C-3 · Baltimore, MD
Zoning C-3 · permitted uses
C-3 · 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
WAREHOUSE, STORAGE Current
Est. value
$14.2M
AUTO REPAIR, GARAGE
Est. value
$21.5M
RESTAURANT
Est. value
$21.2M
OFFICE BUILDING
Est. value
$19.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.1M
MEDICAL BUILDING
Est. value
$13.5M
RETAIL STORES
Est. value
$13.0M
COMMERCIAL (GENERAL)
Est. value
$12.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
4
Buildings
2
Units
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Ps Atlantic Coast 2021 A LLC
Entity
Free & Clear · 5 yrs held
Mailing address
701 WESTERN AVE, GLENDALE, CA 91201-2349
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
May 28, 2021
$19,671,463
Ps Atlantic Coast 2021 A LLC
Reisterstown Road Land Lllp
Special Warranty Deed
—
Nov 20, 2018
—
Reisterstown Road Land Lllp
—
Deed
related
$2,000,000 · Howard 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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