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Financial
Distress signals
Property profile

53 S Catherine St Baltimore, MD 21223

FOR SALE
Distribution centers
Property ID
US40-0195037
27,639 SF 0.37 ac lot Built 1920
Last sale Jul 2026 · $70,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is vacant land located in the Shipley Hill neighborhood of Baltimore City, Maryland. It is positioned near W Franklin St, a major traffic corridor providing access to West Baltimore and downtown, and is within minutes of Leon Day Park, Westside Shopping Center, Grace Medical Center, West Baltimore MARC Station, and Gwynns Falls Park. The area is characterized by a bike score of 63, a walk score of 91, and a transit score of 77.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$126k
Assessed land$48k
Assessed improvement$77k
Effective rate2.36%

Value estimate

· Oct 2026
$85k
$77k – $94k
NOI build-up
Gross scheduled income$232k
Vacancy & credit loss−$14k
Operating expenses−$65k
NOI · 381.51% cap applied$153k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$24 – $73
Qualifying comparables6

Cap rate analysis

How does the asset earn?
381.51%
$153k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IMU-1
The IMU Industrial Mixed-Use Zoning Districts are intended to encourage the reuse of older industrial buildings for light industrial use,...
General categoryMIXED_USE
JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.0
Law Firm29.9
Spa & Massage17.6

Location

53 S Catherine St Baltimore, MD 21223
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2126 Edmondson, Baltimore, MD 21223-1111 $1,525,000 Feb 2024 19,174 SF
2014 Frederick, Baltimore, MD 21223 $18,000 Jun 2023 2,960 SF
320 Stinson, Baltimore, MD 21223 $10,000 Nov 2022 5,800 SF
1416 Baltimore, Baltimore, MD 21223 $645,000 Sep 2022 2,227 SF
2901 Mulberry, Baltimore, MD 21223-1033 $350,000 Apr 2022 13,836 SF
1215 Desoto, Baltimore, MD 21223 $2,500,000 Mar 2021 59,628 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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