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Financial
Distress signals
Property profile

10 Light St Baltimore, MD 21202

FOR LEASE
Residential income homes
Property ID
US40-0719784
435,817 SF 0.5 ac lot Built 1929
Last sale Jan 2022 · $69,200,000
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

This exceptional retail and office space, located at 10 Light Street in Baltimore City's vibrant Inner Harbor, offers a unique opportunity for businesses seeking a high-visibility location. Situated within a 419-unit apartment building, this Class A property boasts 435,817 total square feet and benefits from ground-level access and high foot traffic along the bustling Light Street corridor. The building, constructed in 1929, seamlessly blends historical charm with modern architecture,…

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?
$1.30M
Tax billed · 2023
Assessed value$55.23M
Assessed land$5.41M
Assessed improvement$49.82M
Effective rate2.36%

Value estimate

· Oct 2026
$69.92M
$62.93M – $76.91M
Submarket $/SF estimate$73.49M
NOI build-up
Gross scheduled income$9.41M
Vacancy & credit loss−$602k
Operating expenses−$2.64M
NOI · 32,044,057.14% cap applied$6.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$129/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$68 – $213

Cap rate analysis

How does the asset earn?
32,044,057.14%
$6.17M 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?
C-5TO
JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Bike Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bike Shop8.4
Veterinary Clinic8.2
Laundromat8.1

Location

10 Light St Baltimore, MD 21202
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
924 Saint Paul, Baltimore, MD 21202-2408 $975,000 May 2023 6,360 SF
935 Calvert, Baltimore, MD 21202-3733 $567,500 Feb 2022 3,600 SF
1040 Calvert, Baltimore, MD 21202-3822 $495,000 Nov 2020 1,512 SF
19 Fayette, Baltimore, MD 21202-6420 $1,750,000 Jun 2020 36,160 SF
1025 Saint Paul, Baltimore, MD 21202-3381 $1,150,000 Oct 2019 8,844 SF
905 Calvert, Baltimore, MD 21202-3765 $430,000 Sep 2019 2,652 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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