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    500 Pratt St Baltimore, MD 21202

    • Office buildings
    • 304,850 SF
    • 1.09 lot acres
    For Lease
    View listing
    $36 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US40-1305061
    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

    • PBMares, LLP / Certified Public Accountant
    • Satisky Sheldon S / Attorney
    • Kevin E. Wesner - UBS Financial Services Inc. / Financial Planner / Financial Consultant
    • The Capital Grille / Seafood Restaurant / Steak House
    • Quantum Wealth Management - UBS Financial Services Inc. / Financial Consultant / Financial Planner

    Property Details for 500 Pratt St

    Year built
    2005
    Lot size
    1.09 lot acres
    Property size
    304,850 SF
    Zone code
    C-5DC
    Property type
    Office buildings
    APN
    04-11-1384 -002A
    APU
    04111384002A

    Description

    500 East Pratt Street offers 304,850 square feet of Class A+ office space in Baltimore's desirable Pratt Street Corridor. This thirteen-story, single building boasts stunning Inner Harbor views and is conveniently located near major highways (I-83, I-395/I-95), public transportation (Amtrak, MARC, and local transit), and a wealth of amenities. The building features a 1.09-acre site, 724 parking spaces (a 2.5:1,000 sq ft ratio), and elevators. On-site conveniences include a Capital Grille, Corner Bakery Café, a tenant lounge, fitness studio with Peloton bikes, meditation rooms, and a new video wall. Security is enhanced with 24/7 monitoring and Bluetooth-enabled entry. The building's efficient floor plates (24,000 sq ft), 30' x 30' column spacing, and ceiling heights ranging from 9'6" to over 11 feet cater to a variety of business needs. Multiple tenancy options are available, ranging from 2,553 to 24,938 square feet. Built in 2004, this property is zoned for Downtown Commercial Business and boasts a Walk Score of 95, Transit Score of 87, and Bike Score of 83. The building's high-profile tenant roster includes prominent firms in various sectors. This is a truly exceptional opportunity in a vibrant and accessible location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6082
    Latitude
    39.2871
    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
    $56,401
    $4,752,300
    $45,605,500
    $50,357,800
    -
    $4,752,300
    $45,605,500
    $50,357,800

    Comparable in this City

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    Baltimore, MD 21202
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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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