Financial
Distress signals
Property profile

38 Mellor Ave Baltimore, MD 21228

OFF-MARKET
Office buildings
Property ID
US40-1164413
1,914 SF 0.21 ac lot Built 1925
Last sale Feb 1995 · $80,000
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1200 square foot office space, located just off Frederick Road in Catonsville, Baltimore County, presents a unique opportunity for businesses seeking a blend of accessibility and tranquility. Built in 1925, the single-tenant property offers a versatile layout featuring multiple office rooms, ideal for expansion or a team environment. The building is a traditional office space suitable for various professional uses, including medical and executive offices. Enjoy the benefits

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$311k
Assessed land$166k
Assessed improvement$146k
Effective rate0.71%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
Submarket average, outlier-cleaned · 415 recorded sales of this use type
Observed band · Q1–Q3$114 – $344
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RO
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.0
Wholesale Shop16.1
Building Supply15.6

Location

38 Mellor Ave Baltimore, MD 21228-1414
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18 Egges, Baltimore, MD 21228-4511 $333,000 Nov 2024 2,237 SF
614 Edmondson, Catonsville, MD 21228-3303 $200,000 May 2024 1,628 SF
815 Frederick, Catonsville, MD 21228-4506 $1,200,000 Nov 2021 1,650 SF
704 Frederick, Baltimore, MD 21228-4501 $265,000 Jul 2021 1,785 SF
6425 Frederick, Baltimore, MD 21228-3504 $2,025,000 Jan 2021 2,048 SF
804 Ingleside, Baltimore, MD 21228-1764 $450,000 Nov 2018 2,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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