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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Strip malls
8414 Philadelphia Rd, Baltimore, MD 21237-3000
Entity Owned
~
Est. High Equity
Property ID
US40-0848773
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Construction
BRICK
Total area
12,545 SF
Lot
1.79 ac (77,972 SF)
Zoning code
BL
APN
14-2000009771
UPID
US40-0848773
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.90M
Owner & transaction history
The Rosedale New Millenium LLC
The Rosedale New Millenium LLC
since 2025
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
BL · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+26.0%
Restaurant
$2.9M
+24.2%
Commercial (general)
$2.8M
+20.1%
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
NEIGHBORHOOD: SHOPPING CENTER
$2,295,000
Current use
AUTO REPAIR, GARAGE
$2,895,000
Change: +26% · Conversion: Difficult
RESTAURANT
$2,855,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,760,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$2,445,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,910,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $3.00M (Jul 28 2025)
Last sale anchor
$3.00M
Jul 28 2025
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
$231 / 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
$14,458
Tax year 2023
Assessed value
$1,833,333
Assessed 2023
Previous assessed
$1,716,267
+6.8% YoY
Effective rate
0.79%
On assessed value
Land market value
$537,900
Improvement market value
$1,462,100
Total market value
$2,000,000
Applied tax rate
14.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,545 SF
Lot
1.79 ac (77,972 SF)
Zoning code
BL
APN
14-2000009771
UPID
US40-0848773
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
The Rosedale New Millenium LLC
Entity
Mailing address
678 REISTERSTOWN RD STE #320, BALTIMORE, MD 21208-5112
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2025
$3,000,000
The Rosedale New Millenium LLC
Rosedale Realty LLC
Deed
$2,400,000 · Atlantic Union Bank
Apr 8, 2020
—
Rosedale Realty LLC
—
Deed
related
$1,700,000 · Bank Of Pa
May 4, 2016
—
Rosedale Realty LLC
—
Deed
related
$1,750,000 · Burke & Herbert Bk&tr
Feb 28, 2007
—
Rosedale Realty LLC
—
Deed Of Trust
related
$1,450,000 · Suntrust Bank NA
Feb 17, 1999
$675,000
Rosedale Realty LLC
Canada Life Insurance
Grant Deed
$506,230 · Canada Life Insurance
May 14, 1998
—
Canada Life Insurance Company Of
Rosedale,associa
Grant Deed
related
—
—
—
Rosedale Realty LLC
—
Deed Of Trust
related
$1,700,000 · Bank Of Pa
—
—
Rosedale Realty LLC
—
Deed Of Trust
related
$1,750,000 · Burke & Herbert Bk&tr
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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