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Property profile & analytics
OFF-MARKET
Estimated value
$9,535,000
Distribution centers
801 Kresson St, Baltimore, MD 21205-2908
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-1259907
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Construction
BRICK
Total area
90,234 SF
Lot
3.59 ac (156,380 SF)
Zoning code
I-2
APN
26-20-6169 -010A
UPID
US40-1259907
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
-
PPC Lubricants, a RelaDyne Company Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.54M
CAP Approach
CAP
$9.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.54M
Owner & transaction history
Fnlr Non Friction LLC · 2 yrs held
Fnlr Non Friction LLC
since 2024
Last sale
$9.5M
3 recorded transactions
Zoning & alternative use
I-2 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.9M
+8.4%
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
$9,535,000
ML approach
$9,535,000
CAP Approach
CAP Return
Estimation
6%
$9,905,000
6.5%
$9,145,000
7%
$8,490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,725,000
Current use
COMMERCIAL (GENERAL)
$14,880,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$13,110,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,665,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$9.54M
Range $8.58M – $10.49M · ±10% · vs last sale $9.53M (May 28 2024)
Last sale anchor
$9.53M
May 28 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
$106 / 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
$86,754
Tax year 2023
Assessed value
$3,676,000
Assessed 2023
Previous assessed
$3,676,000
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$625,500
Assessed improvement
$3,050,500
Land market value
$625,500
Improvement market value
$3,050,500
Total market value
$3,676,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Construction
BRICK
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
90,234 SF
Lot
3.59 ac (156,380 SF)
Zoning code
I-2
APN
26-20-6169 -010A
UPID
US40-1259907
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
WAREHOUSE, STORAGE Current
Est. value
$13.7M
COMMERCIAL (GENERAL)
Est. value
$14.9M
MEDICAL BUILDING
Est. value
$13.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.7M
WAREHOUSE, STORAGE Current
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
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
3.59 ac
Current owner
From public records · entity-resolved
Fnlr Non Friction LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1611 SAN VICENTE BLVD FL #10, LOS ANGELES, CA 90049
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
May 28, 2024
$9,534,975
Fnlr Non Friction LLC
Ppc Lubricants LLC
Special Warranty Deed
—
Dec 1, 2011
$3,400,000
Ppc Lubricants INC
Echo Cove LLC
Grant Deed
—
Apr 12, 2011
—
Echo Cove LLC
—
Deed Of Trust
related
$1,500,000 · Blue Ridge Bank & Trust Co
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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