Baltimore Building with Yard For
1748 Russell St Baltimore, MD 21230
1748 Russell St, Baltimore, MD, 21230
$1,150,000
For Sale
$1,150,000
Building property for sale in Baltimore, MD
Property Size4,000 SF
Lot Size0.30 Acres
Price / SF$287.50
Days on Market215
Property Features for 1748 Russell St
General Information
- Standard status
- Active
- Property type
- Office buildings, Office Spaces
- Size
- 4,000 SF
- Class
- C
- Lot size
- 0.30 Acres
Listing agency
Gold and Company
(443) 928-7522
Listed by
Jim · License #617251
(443) 928-7522
Added: Dec 19, 2025 Updated: Mar 16 at 9:06AM
Investment Insights
Based on property information with market context.
A 4,000 square foot building situated on a 0.3-acre lot is available for purchase in Baltimore, Maryland. The property is zoned C-2 and offers a high-visibility location.
Local Financial Insights For Office B
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 | $88.8k | $22.20 |
| − Vacancy | −$14.7k | −$3.66 |
| EGI | $74.1k | $18.54 |
| − OpEx | −$18.5k | −$4.63 |
| NOI | $55.6k | $13.90 |
4,000 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$794.4K
$695.1K – $926.9K
NOI $55,611 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$958.3K
$838.5K – $1.12M
NOI $67,080 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Building property for sale in Baltimore, MD
Where is this office building located?
The property is located at 1748 Russell St Baltimore, MD.
What is the asking price?
The asking price for this property is $1,150,000.
