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    1037 Light St Baltimore, MD 21230

    • Investment properties
    • 2,984 SF
    • 0.05 lot acres
    For Lease
    View listing
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US40-0466420
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1037 Light St

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.05 lot acres
    Property size
    2,984 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    24-02-0936 -070
    APU
    24020936070

    Description

    This exceptional 2,340-square-foot retail storefront, located at 1037 Light Street in Baltimore, Maryland, presents a unique opportunity for businesses seeking a prominent location in Baltimore County. The entire space is currently vacant, offering a blank canvas for a new tenant to customize to their specific needs. The property is classified as a multi-tenant building, although this particular unit comprises the entire available space at this time. Situated in the 21230 zip code, this storefront benefits from high visibility and accessibility, making it ideal for a variety of retail ventures. The property's size allows for flexible layout options, catering to businesses requiring ample space for inventory, display, or customer interaction. With its strategic location and substantial square footage, this property offers significant potential for growth and success. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is easily accessible via major roadways and is situated within a vibrant and growing commercial district. This is a rare opportunity to secure a substantial retail space in a desirable Baltimore location. The address is 1037 Light Street, Baltimore, MD 21230.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $335,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $395,000
      Mixed-Use
      $400,000
      Hospitality
      $375,000
      Educational
      $365,000
      Residential Income
      $375,000
      Energy
      $370,000
      Income-Based Land
      $400,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6121
    Latitude
    39.2775
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,201
    $63,500
    $284,000
    $347,500
    -
    $63,500
    $284,000
    $347,500

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      2506 Washington Blvd

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    • Value Estimation
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      1014 Charles St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,598 SF
      1014 Charles St, Baltimore, MD 21230-4008
      View Details
    • Value Estimation
      $155,000
      1,176 SF

      2731 Manokin St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,176 SF
      2731 Manokin St, Baltimore, MD 21230-3122
      View Details

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    1037 Light St
    Baltimore, MD 21230
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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
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