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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Manufacturing properties
8531 Pulaski Hwy Baltimore, MD 21237-3005
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1695999
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1955
Construction
BRICK
Total area
17,952 SF
Lot
2.46 ac (107,158 SF)
Zoning code
MLIM
APN
15-1501350780
UPID
US40-1695999
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
-
Carter Machinery - Northern Corporate Office Building Supply Industrial Manufacturer
-
Carter Machinery - North Corporate Office Building Supply Industrial Manufacturer
-
Fed Ex Smart Post Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Mount Sinai Prop Chesapeake Rebuild · 3 yrs held
Mount Sinai Prop Chesapeake Rebuild
since 2022
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
MLIM · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+110.9%
Restaurant
$4.1M
+107.8%
Commercial (general)
$3.9M
+100.9%
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
$3,015,000
ML approach
$3,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,965,000
Current use
AUTO REPAIR, GARAGE
$4,140,000
Change: +111% · Conversion: Easy
RESTAURANT
$4,080,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,945,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$3,500,000
Change: +78% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,290,000
Change: +67% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,730,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$2,610,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $3.08M (Oct 19 2022)
Last sale anchor
$3.08M
Oct 19 2022
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
$170 / 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
$5,491
Tax year 2023
Assessed value
$745,900
Assessed 2023
Previous assessed
$739,200
+0.9% YoY
Effective rate
0.74%
On assessed value
Assessed land
$479,700
Assessed improvement
$266,200
Land market value
$479,700
Improvement market value
$266,200
Total market value
$745,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1955
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
17,952 SF
Lot
2.46 ac (107,158 SF)
Zoning code
MLIM
APN
15-1501350780
UPID
US40-1695999
Jurisdiction
BALTIMORE
Zoning & alternative use
MLIM · Baltimore, MD
Zoning MLIM · permitted uses
MLIM · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RESTAURANT
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1955
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Mount Sinai Prop Chesapeake Rebuild
Individual
Mailing address
1330 LYNCHBURG TPKE, SALEM, VA 24153-5416
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$3,077,257
Mount Sinai Prop Chesapeake Rebuild
James C Alban III
Special Warranty Deed
$2,835,000 · Wells Fargo Bank NA
Aug 8, 2012
$480,000
Alban James C JR Trust
Alban Co
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.
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