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    1441 Fayette St Baltimore, MD 21231

    Sponsored
    For Sale
    Contact for pricing

    1.25+ Acres Near Johns Hopkins Hospital

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.16 to 1.42-acre land parcel presents a remarkable investment opportunity in Baltimore, Maryland. Located at 1441 E Fayette St, 21231, this property boasts a highly desirable location just two blocks from the prestigious Johns Hopkins Hospital. The permitted zoning, R-8 + C-2, allows for a diverse range of development possibilities. Imagine the potential: construct up to 150 apartment units to cater to the significant demand for housing near this major medical center, or develop a new non-profit facility, joining a vibrant community of established organizations like Kennedy Krieger Institute, Ronald McDonald House, and Helping Up Mission. This prime location offers unparalleled access to a large and established workforce, a robust transportation network, and a thriving urban environment. The site's size and zoning flexibility provide significant development potential, making it an ideal acquisition for both experienced developers and new ventures seeking a high-impact project in a sought-after Baltimore neighborhood. The property is being offered for sale only. This is a rare chance to acquire a substantial land holding in a location with exceptional growth prospects and a strong community presence. Serious inquiries are encouraged.

    Property Features for 1441 Fayette St

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • 1.16 to 1.42‑acre land parcel in Baltimore, MD at 1441 E Fayette St, 21231.
    • Two blocks from Johns Hopkins Hospital.
    • R‑8 + C‑2 zoning allows for diverse development, including up to 150 apartment units.
    • Prime location near Kennedy Krieger Institute, Ronald McDonald House, and Helping Up Mission.
    • Offered for sale only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store 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
    -76.5975025
    Latitude
    39.2929141

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    FAQs

    What type of property is this?
    Land - 1.25+ Acres Near Johns Hopkins Hospital
    Where is this land located?
    The property is located at 1441 Fayette St Baltimore, MD.
    What are key features of this property?
    This property features: 1.16 to 1.42-acre land parcel in Baltimore, MD at 1441 E Fayette St, 21231.; Two blocks from Johns Hopkins Hospital.; R-8 + C-2 zoning allows for diverse development, including up to 150 apartment units.
    (410) 578-1300
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    1441 Fayette St Baltimore, MD 21231
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    Baltimore, MD 21231
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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
    1441 Fayette St Baltimore, MD 21231
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