Listing Agency: KLNB - Baltimore j***@klnb.com Show Phone

Listed By: James Caronna

Source: Naiglobal

Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:36AM

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Investment Insights

Based on property information with market context.

This property offers office space for rent. The property provides 8,400 square feet of space and is located on Race Road in Baltimore, Maryland.

Key Highlights

• Rental Rate: $11.95

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Cafe & Coffee Shop

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

Lease Details

NNN (Triple Net)

Lease Type

$1.79 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

944

Businesses Nearby

Explore this area Business Placement

Demographics for 21237, MD

31,477

Population

13,171

Households

2.4

Avg Household Size

39

Median Age

27%

College-Educated

92%

High-School Grad

11.3 sq mi

ZIP Area

2,786

Density / Sq Mi

$90,269

Median Household Income

$52,070

Median Earnings

$1,440

Median Rent

$280,400

Median Home Value

Market

Lease Benchmarks for Baltimore, MD

$16.8 /SF/Yr

Avg Asking Price

$2.52–$33.33 /SF/Yr

Price Range

17,959 SF

Avg Space Size

This space is priced 29% below the average of $16.8 /SF/Yr.

Vacancy Rate% for Office in Baltimore, MD

12.4% 2019

13.1% 2020

13% 2021

14.5% 2022

17.1% 2023

16.3% 2024

17.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for lease, offering 8,400 square feet.

Where is this office units located?

The property is located at 1224-1228 Race Road Baltimore, MD.

What is the lease rate?

The lease rate is $11.95 SF/Yr.

What are key features of this property?

This property features: Rental Rate: $11.95