Two-Story Automotive and Residential
160 S CALVERTON RD Baltimore, MD 21223
160 S CALVERTON RD, Baltimore, MD, 21223
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For Sale
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Two-story building with first-floor automotive use and a second-floor residential apartment, offered via online auction.
Property Size1,140 SF
Price / SF$65.79
Days on Market65
Property Features for 160 S CALVERTON RD
General Information
- Standard status
- Active
- Size
- 1,140 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1920
Listing agency
Ashland Auction Group
(410) 488-3124
Listed by
Adam Shpritz · License #528655
Source
Crexi
Added: May 18 Updated: Jul 21 at 1:19AM Checked: Jul 21 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashland Auction Group
Investment Insights
Based on property information with market context.
This two-story building is industrially zoned and currently occupied. The first floor is utilized as an automotive center, while the second floor is a residential apartment.
The property is located in the Shipley Hill area with easy access to a major traffic artery, Frederick Ave, and is described as being just minutes to Grace Medical Center.
The listing indicates the apartment includes one bedroom and one full and one half bathroom, along with garage/automotive space associated with the property.
The property is located in the Shipley Hill area with easy access to a major traffic artery, Frederick Ave, and is described as being just minutes to Grace Medical Center.
The listing indicates the apartment includes one bedroom and one full and one half bathroom, along with garage/automotive space associated with the property.
Key Highlights
- 2‑story building with first floor currently used as an automotive center and second floor used as a residential apartment
- Industrially zoned property in the Shipley Hill area
- Occupied property; believed to contain 1 bedroom, 1 full bathroom, and 1 half bathroom
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.6k | $8.40 |
| − Vacancy | −$584 | −$0.51 |
| EGI | $9.0k | $7.89 |
| − OpEx | −$2.7k | −$2.37 |
| NOI | $6.3k | $5.52 |
1,140 SF · lease $8.40/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$230.5K
$201.7K – $268.9K
NOI $16,135 @ 7.0% cap · market cap 21.51%
Second Best
Flex RnD
$176.3K
$154.2K – $205.6K
NOI $12,338 @ 7.0% cap · market cap 16.45%
Theoretical Best
Office A
$273.1K
$239.0K – $318.6K
NOI $19,118 @ 7.0% cap · market cap 25.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- A Family Affair Catering — 2687 St Benedict St, Baltimore, MD 21223
- Tasters Choice Catering — 127 S Fulton Ave, Baltimore, MD 21223
- International Gourmet Caterers — 127 s fulton ave, baltimore, md 21223
- B Faulkner Catering — 2403 Arunah Ave, Baltimore, MD 21216
- Copper Kitchen — 2000 Washington Blvd Ste J, Baltimore, MD 21230
FAQs
What type of property is this?
Flex space - Two-story building with first-floor automotive use and a second-floor residential apartment, offered via online auction.
Where is this flex space located?
The property is located at 160 S CALVERTON RD Baltimore, MD.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 2‑story building with first floor currently used as an automotive center and second floor used as a residential apartment; Industrially zoned property in the Shipley Hill area; Occupied property; believed to contain 1 bedroom, 1 full bathroom, and 1 half bathroom
