Baltimore Development
For Sale
$150,000
1 WILLARD STREET, Baltimore, MD 21223
Industrial, commercial, or multifamily development potential in Baltimore.
Property Size33,964 SF
Price / SF$4.42
Days on Market164
Property Features for 1 WILLARD STREET
General Information
Standard status
Active
Size
33,964 SF
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
Thurston Wyatt Real Estate, LLC
Listed By:
Byron K. Brooks · License #92727
(410) 320-6785
Source:
Cummingsrealtors
Added: Mar 26
Changed: Sep 4
Last Checked: Sep 5 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thurston Wyatt Real Estate, LLC
Investment Insights
Based on property information with market context.
Located at 1 Willard St, Baltimore, MD 21223, this property offers an opportunity for industrial, commercial, or potential multifamily development. Rezoning for multifamily use is a possibility, potentially supporting projects such as senior or affordable housing. The property benefits from direct access to major transportation routes, and its infrastructure is suitable for manufacturing, warehousing, and distribution. Situated within Baltimore’s Enterprise Zone, the location provides access to tax incentives, including a 10-year real property tax credit on improvements and income tax credits for job creation. The property is also part of the West Baltimore MARC Station Transit-Oriented Development (TOD) Plan, enhancing regional connectivity, as well as the Frederick Elementary School INSPIRE Plan, focused on neighborhood improvements. Additionally, the Southwest Partnership Vision Plan aims to revitalize the area. The property's size is 33964 square feet.
Key Highlights
- Located within Baltimore’s Enterprise Zone, offering significant tax incentives.
- Potential for multifamily development through rezoning.
- Direct access to major transportation routes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 21223, MD
20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
Median Home Value
Market
Vacancy Rate% for Industrial in Baltimore, MD
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial, commercial, or multifamily development potential in Baltimore.
Where is this industrial property located?
The property is located at 1 WILLARD STREET Baltimore, MD.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Located within Baltimore’s Enterprise Zone, offering significant tax incentives.; Potential for multifamily development through rezoning.; Direct access to major transportation routes.
