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    1040 W Franklin St Baltimore, MD 21223

    For Sale
    Contact for pricing

    LAND - BALTIMORE, MD

    Days on Market:
    57
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 1040 W Franklin St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Smart Realty (301) 445-1395 [email protected]

    Listing agent Crystal M Jackson (301) 445-1395 License #628957

    Listing date Oct 13, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land in Baltimore

    This parcel of land in Baltimore City is zoned for residential use and offers development options. The property is situated in a popular area with views of the downtown Baltimore cityscape. It is conveniently located near major highways, public transportation, and local amenities, including Whole Foods, Harlem Park, the Edgar Allen Poe House and Museum, Franklin Square, Hollins Market, and The Walters Art Museum. All necessary utilities, including water, sewer, and electricity, are readily available on-site. The property is located in a revitalizing area with strong demand for housing, presenting an opportunity for investors and developers to capitalize on Baltimore's growth. There were 3 adjacent properties on this land that the city tore down, leaving the perfect space for a new development project. The offer deadline is Monday, June 9th, 2025, at 11:59 pm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.63533
    Latitude
    39.29447

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    FAQs

    What type of property is this?
    Land - Prime residential development opportunity in a popular Baltimore location.
    Where is this land located?
    The property is located at 1040 W Franklin St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $24,000.
    What are key features of this property?
    This property features: - Prime development opportunity in a popular Baltimore location with breathtaking bridge views of the downtown cityscape.; - Zoned for residential use, allowing for lucrative development options.; - Conveniently located near major highways, public transportation, and local amenities.
    (301) 445-1395
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    1040 W Franklin St Baltimore, MD 21223
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    Baltimore, MD 21223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 W Franklin St Baltimore, MD 21223
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