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Financial
Distress signals
Property profile

2031 E Fairmount Ave Baltimore, MD 20231

FOR LEASE
Bars & Pubs
Property ID
US40-2240016
3,172 SF 0.03 ac lot Built 1949
Last sale Jul 2022 · $262,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

2031 E. Fairmount Avenue is a free-standing restaurant building that includes an associated liquor license and previously operated as a bar and restaurant for many years; the kitchen hood system remains intact. The bar and seating areas are configured for indoor service but require renovation, with the existing interior layout capable of being updated to a new concept. The building is set within Castle Street Park, providing proximity to park amenities such as walking trails, mature trees, and…

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?
$6k
Tax billed · 2023
Assessed value$243k
Assessed land$67k
Assessed improvement$176k
Effective rate2.36%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$295k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$6k
Operating expenses−$24k
NOI · 343,121.21% cap applied$57k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$227/SF
Submarket average, outlier-cleaned · 189 recorded sales of this use type
Observed band · Q1–Q3$95 – $382
Qualifying comparables5

Cap rate analysis

How does the asset earn?
343,121.21%
$57k 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?
R-8
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development t...
General categoryRESIDENTIAL
JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.3
Optical Shop9.3
Watch Repair Shop9.3

Location

2031 E Fairmount Ave Baltimore, MD 20231
County assessor Recorded deeds · 7 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
529 Broadway, Baltimore, MD 21231-2913 $3,400,000 Mar 2024 2,507 SF
1601 Eastern, Baltimore, MD 21231-2332 $400,000 Dec 2023 3,360 SF
529 Bond, Baltimore, MD 21231-2805 $1,415,000 Dec 2022 3,801 SF
515 Broadway, Baltimore, MD 21231-2913 $400,000 Oct 2021 3,348 SF
1621 Baltimore, Baltimore, MD 21231 $475,000 Sep 2021 4,126 SF
801 Broadway, Baltimore, MD 21231-3409 $900,000 Mar 2021 2,498 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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