Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    600 QUAIL ST Baltimore, MD 21224

    View on Map
    Claim this Listing
    For Sale
    $49,500

    Lots/Land/Farm - BALTIMORE, MD

    Type:Farm
    Lot size:
    0.02 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    118
    Last Refresh:
    Apr 9 at 12:06 pm

    Property Features for 600 QUAIL ST

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    137

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tony (Mig) Migliaccio

    Listing agent Tony (Mig) Migliaccio

    Listing office Perry Hall 8746 Belair Road, MD

    Listing date Dec 12, 2025

    MLS# MDBA2194810 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Corner Lot in Greektown

    This vacant corner lot is situated in the desirable Greektown neighborhood. The location provides convenient access to various goods, services, local restaurants, and everyday conveniences. Major commuter routes, downtown Baltimore, Johns Hopkins Bayview Medical Center, and surrounding neighborhoods are easily accessible from the property. The lot measures approximately 60x35 and offers an opportunity for development in an urban environment. The lot size is 0.02 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.55415
    Latitude
    39.28597

    Nearby Similar for Sale

    • $500,000

      Iconic Inn with Liquor License

      Rare opportunity: well-known landmark with immediate income potential.
      2816 OLD NORTH POINT Road, BALTIMORE, MD 21222
      View Details
    • $450,000

      Retail Building on Belair Road

      Highly visible retail building with frontage and signage potential.
      8836 BELAIR, BALTIMORE, MD 21236
      View Details
    • $699,000
      6,220 SF

      Highlandtown Mixed-Use Property For Sale

      Versatile property in Baltimore's Highlandtown Arts District.
      244 S HIGHLAND Avenue, BALTIMORE, MD 21224
      View Details
    • $500,000

      Two-Unit Retail Investment Property

      Fully leased retail property with recent upgrades, generating immediate income.
      3019-3021 GREENMOUNT Avenue, BALTIMORE, MD 21218
      View Details
    • $839,999

      Three-Story Commercial Property For Sale

      Three-story commercial property with steady income and growth potential.
      7544 HOLABIRD Avenue, BALTIMORE, MD 21222
      View Details
    • $310,000

      Baltimore Restaurant Property For Sale

      Carry-out restaurant property on high-traffic Reisterstown Road.
      5625 REISTERSTOWN Road, BALTIMORE, MD 21215
      View Details
    • $400,000
      7,420 SF

      Spacious Baltimore City Multi-Property Package

      Three adjacent properties with commercial space, ideal for various uses.
      1118 N GILMOR Street, BALTIMORE, MD 21217
      View Details
    • $399,000
      2,585 SF

      Redevelopment Property in Prime Location

      Redevelopment property in Baltimore near Little Italy and Harbor East.
      319-321 S CENTRAL Avenue, BALTIMORE, MD 21202
      View Details
    • $560,000
      3,540 SF

      Highlandtown Multi-Unit Building with Parking

      Four units, parking, desirable location near Canton waterfront.
      215 S EATON Street, BALTIMORE, MD 21224
      View Details
    • $549,900
      3,024 SF

      Charles Village Triplex Investment Opportunity

      Three-unit property with two garages in Baltimore's Charles Village.
      339 E 31ST Street, BALTIMORE, MD 21218
      View Details
    • $425,000

      Land in Baltimore, MD

      Commercial land with investment potential in Baltimore, MD.
      OAKWOOD Road, BALTIMORE, MD 21222
      View Details
    • $515,000
      2,550 SF

      Updated Triplex in Reservoir Hill

      Income-producing triplex in a rapidly developing Baltimore neighborhood.
      2217 LINDEN Avenue, BALTIMORE, MD 21217
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot in thriving urban setting near amenities.
    Where is this land located?
    The property is located at 600 QUAIL ST Baltimore, MD.
    What is the asking price?
    The asking price for this property is $49,500.
    What are key features of this property?
    This property features: Prime vacant corner lot in desirable Greektown.; Convenient location near restaurants, goods, and services.; Easy access to major commuter routes and downtown Baltimore.
    (888) 536-0216
    We can help!
    Listing Contact
    Tony (Mig) Migliaccio
    Real Estate License ID: 510689
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!