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    613 Monroe St Baltimore, MD 21223

    For Sale
    Contact for pricing

    1.7-acre industrial site, 16,275 SF flex space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Baltimore property offers a unique investment opportunity encompassing 1.7 acres of I-1 zoned land and three existing flex buildings totaling 16,275 square feet. Strategically located near Washington Boulevard, this site provides unparalleled access to major transportation arteries, including Interstates 695 and 95, ensuring seamless logistics for any business. The property features multiple entrances, enhancing operational efficiency and flexibility. The existing buildings provide immediate occupancy potential for a variety of uses, making it ideal for contractors needing space with indoor/outdoor storage (IOS) capabilities. The expansive land area presents significant development potential, allowing for expansion or the addition of further buildings to accommodate multiple tenants. This versatile property is perfectly suited for businesses seeking a blend of existing space and future growth opportunities in a prime Baltimore location. The I-1 zoning provides a wide range of permitted uses, maximizing the potential return on investment. Don't miss this chance to acquire a highly desirable industrial property in a thriving area.

    Property Features for 613 Monroe St

    General Information

    Property type
    Flex space

    HighLights

    • 1.7‑acre industrial land and flex buildings for sale in Baltimore.
    • 16,275 SF of flex space in three existing buildings.
    • Prime location near Washington Boulevard with easy access to I‑695 and I‑95.
    • I‑1 zoning allows for diverse uses.
    • Multiple building entrances for efficient operations.
    • Ideal for contractors needing indoor/outdoor storage (IOS).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.645741
    Latitude
    39.280347

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    FAQs

    What type of property is this?
    Flex space - 1.7-acre industrial site, 16,275 SF flex space.
    Where is this flex space located?
    The property is located at 613 Monroe St Baltimore, MD.
    What are key features of this property?
    This property features: 1.7-acre industrial land and flex buildings for sale in Baltimore.; 16,275 SF of flex space in three existing buildings.; Prime location near Washington Boulevard with easy access to I-695 and I-95.
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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
    613 Monroe St Baltimore, MD 21223
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