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Baltimore Land Development Opportunity
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1040 W FRANKLIN Street, Baltimore, MD 21223

LAND - BALTIMORE, MD

Days on Market119

Property Features for 1040 W FRANKLIN Street

General Information

Property type Land
Property subtype Other
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 800
Listing Agency: Smart Realty, LLC
Listed By: Crystal M Jackson · License #628957
Added: Apr 3 Changed: Jun 9 Last Checked: Jul 30 at 8:06PM
MLS# MDBA2209636

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This parcel of land in Baltimore City presents a development opportunity in a popular area with bridge views of the downtown Baltimore cityscape. The land is zoned for residential use, allowing for development options. The property is situated near major highways, public transportation, and local amenities. Nearby points of interest include 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 available on-site. The location is in a revitalizing area with strong demand for housing. This land had a fully renovated 6-bedroom, 4-level property on it, but it was destroyed by a fire in the neighboring home. Baltimore City tore down the seller's property, the fire-damaged home, and the home on the other side of the seller's property. This presents an opportunity for investors and developers to capitalize on the city's growth.

Key Highlights

  • Prime development opportunity in a revitalizing Baltimore location.
  • Zoned for residential use with readily available utilities (water, sewer, electricity).
  • Breathtaking bridge views of the downtown Baltimore cityscape.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Accounting Firm Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

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

Properties on Market for Land in Baltimore

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Prime land parcel in Baltimore for residential development.
Where is this land located?
The property is located at 1040 W FRANKLIN Street Baltimore, MD.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime development opportunity in a revitalizing Baltimore location.; Zoned for residential use with readily available utilities (water, sewer, electricity).; Breathtaking bridge views of the downtown Baltimore cityscape.
More about this property
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