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    2204 Mcphail St Baltimore, MD 21223

    Sponsored
    For Sale
    $1,700,000

    21,985 SF Warehouse, Manufacturing Potential

    Property size:
    21,985 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Baltimore industrial property, encompassing 21,985 square feet, presents a significant investment opportunity. Situated on approximately 0.4 acres at 2204 Frederick Ave & 138-156 Mcphail St, Baltimore, MD 21223, this property offers a unique blend of warehouse and manufacturing space. The main building, constructed in 1920, boasts ample square footage ideal for various industrial uses. The property is zoned I-1 and I-2, allowing for a wide range of permitted activities, including light and general industrial manufacturing, fabricating, processing, wholesale distribution, and warehousing. Commercial uses and open storage are also permitted. An additional approximately 0.5 acres of land at 138-156 Mcphail St offers expansion potential. Its strategic location provides easy access to major commuter routes such as I-95, I-395, Route 1, and Route 40 (Pulaski Highway), ensuring seamless transportation and logistics. Furthermore, its proximity to key attractions like Camden Yards, M&T Bank Stadium, Horseshoe Casino, Topgolf, and St. Agnes Hospital adds to its appeal. This property is priced at $1,700,000 and represents a compelling investment in a thriving Baltimore location.

    Property Features for 2204 Mcphail St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    21,985 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.651475556132
    Latitude
    39.285261145158

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    FAQs

    What type of property is this?
    Manufacturing property - 21,985 SF Warehouse, Manufacturing Potential
    Where is this manufacturing property located?
    The property is located at 2204 Mcphail St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $1,700,000.
    Request Owner's contact information
    2204 Mcphail St Baltimore, MD 21223
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    Baltimore, MD 21223
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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
    2204 Mcphail St Baltimore, MD 21223
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