Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8 Dunmanway Dundalk, MD 21222

    For Sale
    $250,000

    Historic building, high redevelopment potential.

    Property size:
    9,693 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional multi-family investment opportunity presents a unique chance to acquire a substantial property in Dundalk, MD. Located at 8 Dunmanway, this 9,693 square foot, two-story brick building sits on a 0.12-acre lot in the Dundalk National Historic District, offering prime positioning within the Dundalk Village Shopping Center. Its strategic location provides easy access to the Ports of Baltimore, major employers, local parks, and public transportation. The property's current configuration is a former school building, requiring full rehabilitation. However, its size and location offer significant upside potential for a variety of uses, including commercial, residential, or special purpose developments. The surrounding area boasts a high density of housing, retail businesses, and special purpose uses, further enhancing the property's redevelopment prospects. This is an absolute real estate auction to the highest bidder over $250,000. Online bidding commences Tuesday, February 11, 2025, with a live on-site auction following on Wednesday, February 12, 2025, at 12:00 PM. The listed price represents the opening bid only. Don't miss this chance to acquire a landmark property with substantial potential for future growth and return.

    Property Features for 8 Dunmanway

    General Information

    Property type
    Residential income properties
    Square Feet
    9,693 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    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
    Dundalk
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.52175
    Latitude
    39.25682

    Nearby Similar for Sale

    • New
      $950,000
      0.36 Acres

      Turn-Key Restaurant and Lounge

      Fully equipped restaurant and lounge in Dundalk, Maryland for sale.
      7100 Sollers Point Rd, Dundalk, MD 21222
      View Details
    • $315,000
      1,479 SF

      Charming Two-Unit Property in Dundalk

      Two-unit property in Dundalk with investment potential.
      240 Riverview Ave, Dundalk, MD 21222
      View Details
    • New
      $500,000
      0.32 Acres

      Versatile Commercial Building with Three Units

      Commercial building with three units, parking, and convenient location.
      7723 Trappe Rd, Dundalk, MD 21222
      View Details
    • New
      $294,900
      1,860 SF

      Dundalk Triplex with Updated Units

      Turnkey Dundalk triplex featuring updated units and central air.
      2970 Yorkway, Dundalk, MD 21222
      View Details
    • $769,000
      0.34 Acres

      Turnkey Business Opportunity in Dundalk

      Long-standing business with growth potential, includes building, license, and apartments.
      3814 NORTH Point Blvd, Dundalk, MD 21222
      View Details
    • $385,000

      Renovated Commercial Buildings on Wise

      Two renovated commercial buildings on Wise Avenue, excellent investment opportunity.
      7827 Wise Ave, Dundalk, MD 21222
      View Details

    FAQs

    What type of property is this?
    Residential income property - Historic building, high redevelopment potential.
    Where is this residential income property located?
    The property is located at 8 Dunmanway Dundalk, MD.
    What is the asking price?
    The asking price for this property is $250,000.
    (410) 296-8440
    Request Owner's contact information
    8 Dunmanway Dundalk, MD 21222
    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.
    8 Dunmanway
    Dundalk, MD 21222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8 Dunmanway Dundalk, MD 21222
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.