Property profile

2305 Mcelderry St Baltimore, MD 21205

FOR LEASE
Day care centers
Property ID
US40-1248562
Built 1890
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Property summary

AI-generated overview

For Lease – 2305 McElderry St, Baltimore, MD This versatile one-level commercial property offers tons of potential and is already approved for a wide range of uses, including a community center, educational facility, day care, place of worship, residential care facility, gym, or storage. The space is equipped with central air and heat, oversized entry doors, and an open layout that can easily adapt to your business needs. Two convenient half bathrooms are located on site, along with a private rear room ideal for office use or secure storage. Situated just seconds away from Johns Hopkins’ Downtown Medical Center, this property offers unmatched convenience and visibility in a prime location. Whether you’re launching a new venture or expanding an existing one, 2305 McElderry St provides the space, amenities, and approvals to make your vision a reality. Schedule a tour today to see the possibilities for yourself! bikeScore: 85, Very Bikeable walkScore: 95, Walker's Paradise transitScore: 67, Good Transit

Property profile

Verified
Property type Day care centers
Year built 1890
UPID US40-1248562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

2305 Mcelderry St Baltimore, MD 21205
Baltimore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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