New search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
8008 Pinewood Rd, Baltimore, MD 21222-2418
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-2079426
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
BRICK
Total area
2,800 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BL
APN
15-1516602440
UPID
US40-2079426
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
-
Ace Metal Products Co Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Reff Real Estate Investments LLC · 1 yrs held
Reff Real Estate Investments LLC
since 2024
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
BL · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+51.7%
Office building
$575,000
+35.0%
Neighborhood: shopping center
$515,000
+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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$425,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$575,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$460,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Sep 18 2024)
Last sale anchor
$700k
Sep 18 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
$250 / 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
$1,220
Tax year 2023
Assessed value
$161,900
Assessed 2024
Previous assessed
$161,900
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$101,500
Assessed improvement
$60,400
Land market value
$101,500
Improvement market value
$60,400
Total market value
$161,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
2,800 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BL
APN
15-1516602440
UPID
US40-2079426
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Baltimore, MD
Zoning BL · permitted uses
BL · 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
$425,000
AUTO REPAIR, GARAGE
Est. value
$645,000
OFFICE BUILDING
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$460,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1967
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Reff Real Estate Investments LLC
Entity
Mailing address
2410 HIGHTEE CT, CROFTON, MD 21114-2551
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2024
$700,000
Reff Real Estate Investments LLC
Td Properties 3 LLC
Deed
$658,000 · South State Bank NA
Feb 8, 2024
$600,000
Td Properties 3 LLC
8008 Pinewood LLC
Deed
$600,000 · Construction Finance Company LLC
Oct 6, 2023
$325,000
8008 Pinewood LLC
Linda Porter
Deed
—
Sep 6, 2012
—
Gordon D Porter
Porter,gordon D
Quit Claim Deed
related
—
Dec 26, 2007
$122,500
Gordon D Porter
Porter,ruth I
Grant Deed
related
$104,125 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8008 Pinewood Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
