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Property profile & analytics
FOR LEASE
Distribution centers
7675 Canton Center Dr, Baltimore, MD 21224
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-0806687
For Lease
1 / 4
$2,180,000
7675 Canton Center Dr, Baltimore, MD 21224
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1978
Construction
BRICK
Total area
15,564 SF
Lot
2.24 ac (97,574 SF)
Zoning code
MH-IM
APN
15-1600003781
UPID
US40-0806687
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
-
Dunbar Armored Inc Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.65M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$2.18M
Owner & transaction history
7675 Canton Center Owner LLC · 1 yrs held
7675 Canton Center Owner LLC
since 2024
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
MH-IM · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+51.7%
Restaurant
$3.1M
+30.6%
Neighborhood: shopping center
$2.9M
+20.4%
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%
$1,780,000
6.5%
$1,645,000
7%
$1,525,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,370,000
Current use
AUTO REPAIR, GARAGE
$3,590,000
Change: +52% · Conversion: Easy
RESTAURANT
$3,090,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,850,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,265,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$2,260,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,010,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10% · vs last sale $2.20M (May 8 2024)
Last sale anchor
$2.20M
May 8 2024
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
$140 / 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
$8,764
Tax year 2023
Assessed value
$1,368,500
Assessed 2023
Previous assessed
$1,368,500
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$728,000
Assessed improvement
$640,500
Land market value
$728,000
Improvement market value
$640,500
Total market value
$1,368,500
Applied tax rate
15.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1978
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
15,564 SF
Lot
2.24 ac (97,574 SF)
Zoning code
MH-IM
APN
15-1600003781
UPID
US40-0806687
Jurisdiction
BALTIMORE
Zoning & alternative use
MH-IM · Baltimore, MD
Zoning MH-IM · permitted uses
MH-IM · 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
$2.4M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RESTAURANT
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1978
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
7675 Canton Center Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
235 SCHILLING CIR STE #109, HUNT VALLEY, MD 21031-1118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 28, 2024
—
7675 Canton Center Owner LLC
—
Deed
related
$100,000,000 · Axos Bank
Aug 8, 2024
$2,200,000
7675 Canton Center Owner LLC
Dunbar Properties LLC
Special Warranty Deed
—
May 18, 2018
$1,368,500
Dunbar Properties LLC
Dunbar Armored INC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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