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Morrell Park Development Opportunity
For Sale
$60,000

1703 - 1707 1/2 SPENCE Street, Baltimore, MD 21230

Land, BALTIMORE, MD

Property SizeContact for details
Lot Size0.23 Acres
Days on Market1208

Property Features for 1703 - 1707 1/2 SPENCE Street

General Information

Property type Land
Property subtype Other
Subdivision MORELL PARK
Elementary school district BALTIMORE CITY PUBLIC SCHOOLS
Middle school district BALTIMORE CITY PUBLIC SCHOOLS
High school district BALTIMORE CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 71
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: William D Weeks · License #659321
Added: Jul 10, 2023 Changed: Sep 8 Last Checked: Oct 29 at 11:06PM
MLS# MDBA2091296

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.

Rey
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Investment Insights

Based on property information with market context.

This offering presents a potential development opportunity in Morrell Park, featuring four separate lots for sale off of Spence Street, identified as 1703, 1705, 1707, and 1707 1/2. The combined lot size is approximately 0.2314 acres. Prospective buyers are advised to conduct their own due diligence with Baltimore City to ascertain building possibilities and the availability of utilities on site. The lots are to be sold as one package. The location provides convenient access to Washington Blvd and I-95, with close proximity to Carroll Park, stadiums, and downtown Baltimore amenities.

Key Highlights

  • Potential development opportunity.
  • Four separate lots being sold as one package.
  • Prime location in Morrell Park.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

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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

483
Businesses Nearby

Demographics for 21230, MD

36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four lots in Baltimore, MD, for sale as package.
Where is this residential land & home lot located?
The property is located at 1703 - 1707 1/2 SPENCE Street Baltimore, MD.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Potential development opportunity.; Four separate lots being sold as one package.; Prime location in Morrell Park.
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