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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Drive through restaurants
6606 Security Blvd, Baltimore, MD 21207-4010
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US40-0112251
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2012
Total area
4,048 SF
Lot
12.58 ac (547,985 SF)
Zoning code
BM-ML
APN
01-1600013396
UPID
US40-0112251
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
-
Bank of America ATM Atm
-
Price Rite Marketplace of Security Blvd. Grocery & Convenience Store Food Market
-
Global Food Baltimore Grocery & Convenience Store Food Market
-
Tienda Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$650k
Owner & transaction history
Meadows Shopping Center LLC · 19 yrs held
Meadows Shopping Center LLC
since 2006
3 recorded transactions
Zoning & alternative use
BM-ML · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$935,000
+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 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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$920,000
Current use
AUTO REPAIR, GARAGE
$935,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: -10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$161 / 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
$253,724
Tax year 2023
Assessed value
$17,686,700
Assessed 2023
Previous assessed
$17,686,700
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$3,775,000
Assessed improvement
$13,911,700
Land market value
$3,775,000
Improvement market value
$13,911,700
Total market value
$17,686,700
Applied tax rate
1.0000
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
2012
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
4,048 SF
Lot
12.58 ac (547,985 SF)
Zoning code
BM-ML
APN
01-1600013396
UPID
US40-0112251
Jurisdiction
BALTIMORE
Zoning & alternative use
BM-ML · Baltimore, MD
Zoning BM-ML · permitted uses
BM-ML · 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
$920,000
AUTO REPAIR, GARAGE
Est. value
$935,000
OFFICE BUILDING
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
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
2012
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
12.58 ac
Current owner
From public records · entity-resolved
Meadows Shopping Center LLC
Entity
Mailing address
8150 LEESBURG PIKE STE #1100, VIENNA, VA 22182-7730
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2024
—
W Arc Four Sixes LLC
—
Deed
related
$22,000,000 · Bankunited NA
Jun 7, 2016
—
New Nbnc Trust
—
Deed
related
$31,000,000 · Wells Fargo Bank NA
Dec 5, 2006
$12,840,000
Meadows Shopping Center LLC
A & E Partners LP I
Grant Deed
$14,820,000 · Provident Bank INC
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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