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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Medical Office Space
6819 Reisterstown Rd Baltimore, MD 21215-1418
Entity Owned
7-yr Hold
Free & Clear
Property ID
US40-0646311
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,793 SF
Lot
0.31 ac (13,438 SF)
Zoning code
OR-1
APN
27-23-4218J-004
UPID
US40-0646311
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$870k
Owner & transaction history
Ds Associates 1 LLC · 7 yrs held
Ds Associates 1 LLC
since 2019
3 recorded transactions
Zoning & alternative use
OR-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
OR Office-Residential Zoning Districts are intended for areas where there is a mix of office and residential uses. The regulations for this district is designed to ensure that office uses remain compatible with residential uses, thereby permitting the area to maintain a more residential character.
Zone name
Office Residential
General category
RESIDENTIAL
Zone area
207.81 ac
Source
Realmo
Top alternative use upside
Office building
$1.4M
+41.3%
Neighborhood: shopping center
$1.2M
+26.0%
Warehouse, storage
$1.0M
+4.7%
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
MEDICAL BUILDING
$985,000
Current use
OFFICE BUILDING
$1,395,000
Change: +41% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,245,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,035,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$945,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$885,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$128 / 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
$19,756
Tax year 2023
Assessed value
$837,100
Assessed 2023
Previous assessed
$837,100
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$134,300
Assessed improvement
$702,800
Land market value
$134,300
Improvement market value
$702,800
Total market value
$837,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,793 SF
Lot
0.31 ac (13,438 SF)
Zoning code
OR-1
APN
27-23-4218J-004
UPID
US40-0646311
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
OR-1 · Baltimore, MDZoning OR-1 · permitted uses
OR-1 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
OR Office-Residential Zoning Districts are intended for areas where there is a mix of office and residential uses. The regulations for this district is designed to ensure that office uses remain compatible with residential uses, thereby permitting the area to maintain a more residential character.
Zone name
Office Residential
General category
RESIDENTIAL
Zone area
207.81 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$885,000
MEDICAL BUILDING Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Ds Associates 1 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
9 BROOKSTONE CT, LUTHERVILLE, MD 21093-3703
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 12, 2019
—
Ds Associates 1 LLC
Saluja,darshan S & Gurmeet K
Correction Deed
—
May 11, 2017
—
Ds Associates 2 LLC
Saluja,darshan S & Gurmeet K
Quit Claim Deed
—
Jul 11, 2007
—
Saluja Darshan S & G K Trust
Saluja,darshan S & Gurmeet K
Quit Claim Deed
related
—
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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