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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Medical Office Space
859 Baltimore St Baltimore, MD 21201
Entity Owned
29-yr Hold
Free & Clear
Property ID
US40-0848308
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Total area
5,280 SF
Lot
0.91 ac (39,516 SF)
Zoning code
BSC
APN
18-09-0220 -001K
UPID
US40-0848308
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$920k
Owner & transaction history
INDEPENDENT DIALYSIS FOUNDATION INC
INDEPENDENT DIALYSIS FOUNDATION INC
Zoning & alternative use
BSC · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The BSC Bio-Science Campus Zoning District is intended to accommodate bio-science campuses, including supportive uses, and some residential uses.
Zone name
Bio Science Campus
General category
RESIDENTIAL
Zone area
49.76 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.2M
+58.8%
Restaurant
$1.2M
+56.5%
Neighborhood: shopping center
$965,000
+26.0%
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%
$1,275,000
6.5%
$1,175,000
7%
$1,095,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$765,000
Current use
AUTO REPAIR, GARAGE
$1,220,000
Change: +59% · Conversion: Difficult
RESTAURANT
$1,200,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$805,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$680,000
Change: -11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$635,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$174 / 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
Assessed value
$3,682,200
Assessed 2023
Previous assessed
$3,682,200
+0.0% YoY
Assessed land
$1,383,000
Assessed improvement
$2,299,200
Land market value
$1,383,000
Improvement market value
$2,299,200
Total market value
$3,682,200
Applied tax rate
18.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
2
Total area
5,280 SF
Lot
0.91 ac (39,516 SF)
Zoning code
BSC
APN
18-09-0220 -001K
UPID
US40-0848308
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
BSC · Baltimore, MDZoning BSC · permitted uses
BSC · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The BSC Bio-Science Campus Zoning District is intended to accommodate bio-science campuses, including supportive uses, and some residential uses.
Zone name
Bio Science Campus
General category
RESIDENTIAL
Zone area
49.76 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$805,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$635,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
INDEPENDENT DIALYSIS FOUNDATION INC
Entity
Free & Clear · 0 yrs held
Mailing address
840 HOLLINS ST, BALTIMORE, MD 21201-1024
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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