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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Manufacturing properties
6608 Quad Ave Baltimore, MD 21237-1221
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-0675581
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1948
Construction
BRICK
Total area
14,758 SF
Lot
1.02 ac (44,431 SF)
Zoning code
I-2
APN
26-18-6235 -016
UPID
US40-0675581
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
-
Bruno's Appliances Electronics & Wireless Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$925k
Blend (final)
Blend
$1.42M
Owner & transaction history
Moratti Commercial LLC · 3 yrs held
Moratti Commercial LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
I-2 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.2M
+39.0%
Medical building
$2.1M
+32.8%
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
$1,510,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,615,000
Current use
WAREHOUSE, STORAGE
$2,245,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$2,145,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.40M (Mar 30 2023)
Last sale anchor
$1.40M
Mar 30 2023
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
$96 / 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
$10,684
Tax year 2023
Assessed value
$452,700
Assessed 2023
Previous assessed
$452,700
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$153,100
Assessed improvement
$299,600
Land market value
$153,100
Improvement market value
$299,600
Total market value
$452,700
Applied tax rate
26.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1948
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
14,758 SF
Lot
1.02 ac (44,431 SF)
Zoning code
I-2
APN
26-18-6235 -016
UPID
US40-0675581
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
I-2 · Baltimore, MD
Zoning I-2 · permitted uses
I-2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
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
1948
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Moratti Commercial LLC
Entity
Mailing address
1507 GUNPOWDER RDG RD, JOPPA, MD 21085-5432
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
$1,400,000
Moratti Commercial LLC
Ullcap LLC
Special Warranty Deed
$1,120,000 · M & T Bank
Apr 22, 2020
—
Ullcap LLC
—
Deed
related
$780,000 · Centerstone
Jul 7, 2017
—
Ullcap LLC
—
Deed
related
$577,500 · Wells Fargo Bk
Dec 5, 1997
$390,000
Ullcap LLC
Thompson,john C
Grant Deed
$225,000 · Nationsbank
—
—
Ullcap LLC
—
Deed Of Trust
related
$460,000 · Wells Fargo Bk
—
—
Ullcap LLC
—
Deed Of Trust
related
$185,000 · Mid-atlantic Business Finance
—
—
Ullcap LLC
—
Deed Of Trust
related
$120,000 · Wachovia Bank NA
—
—
Ullcap LLC
—
Deed Of Trust
related
$780,000 · Centerstone
—
—
Ullcap LLC
—
Deed Of Trust
related
$200,000 · First Union National Bank
—
—
Ullcap LLC
—
Deed Of Trust
related
$236,000 · Wachovia Bank NA
—
—
Ullcap LLC
—
Deed Of Trust
related
$577,500 · Wells Fargo Bk
—
—
Ullcap LLC
—
Deed Of Trust
related
$175,000 · Wachovia Bank NA
—
—
Ullcap LLC
—
Deed Of Trust
related
$453,000 · Wells Fargo 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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