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    5100 Pennington Ave Baltimore, MD 21226

    For Sale
    $1,300,000

    I-2 Zoned property in a central Baltimore location.

    Lot size:
    0.19 Acres

    Property Features for 5100 Pennington Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1972

    Source: Eastern Shore Real Estate, LLC Agent David A Kaufmann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    I-2 Zoned Baltimore Property

    This I-2 Zoned property is located in a central location to serve the Baltimore Metro Area and is completely built out.
    Insight Report Location Intelligence

    Current Use by Public Records

    Doug's Welding Services ... Welder

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.588279
    Latitude
    39.2201909

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    FAQs

    What type of property is this?
    Industrial property - I-2 Zoned property in a central Baltimore location.
    Where is this industrial property located?
    The property is located at 5100 Pennington Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime I-2 Zoned Property; - Completely Built Out; - Central Location
    (443) 223-3026
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    5100 Pennington Ave Baltimore, MD 21226
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    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
    5100 Pennington Ave Baltimore, MD 21226
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