1010 Chester St Baltimore, MD 21205
- Manufacturing properties
- 5,141 SF
- 0.74 lot acres
Current Use by Public Records
- P & J Contracting Co Inc / General Contractor
- East Baltimore Development Inc / Social Services Organization
Property Details for 1010 Chester St
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 0.74 lot acres
- Property size
- 5,141 SF
- Zone code
- IMU-1
- Property type
- Manufacturing properties
- APN
- 07-04-1568 -028
- APU
- 7041568028
Description
This exceptional 15,000-square-foot flex space presents a remarkable investment opportunity in the heart of downtown Baltimore. Situated on a 0.85-acre lot (37,026 square feet), this two-story building offers a versatile layout ideal for a variety of businesses. The property boasts 2,000 square feet of dedicated office space, complemented by ample warehouse area featuring 20-foot-high ceilings and an open floor plan. Loading and unloading is efficient with two loading docks and one drive-in door. Parking is readily available with 15 total spaces. The property is securely enclosed within a fenced lot, enhancing security and peace of mind. Its strategic location provides easy access to major highways, including I-95, I-895, and I-695, ensuring seamless transportation and logistics. The building also includes unisex restrooms and three bay doors. This property is zoned IMU-1, reflecting its suitability for a mixed-use development. Its location in an opportunity zone and an up-and-coming neighborhood adds to its significant potential for growth and return on investment. This is a rare chance to acquire a substantial, well-appointed flex space in a rapidly developing area of Baltimore.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,150,000
- 6.5%
- $1,190,000
- 7%
- $1,245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,230,000
- Geo Method
- $1,310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $970,000
- Mixed-Use
- $955,000
- Hospitality
- $1,055,000
- Educational
- $1,115,000
- Residential Income
- $1,115,000
- Energy
- $1,260,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5885
- Latitude
- 39.303
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
