Realmo Analytics

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Financial
Distress signals
Property profile

1238 Scott St Baltimore, MD 21230

FOR LEASE
Other commercial real estate
Property ID
US40-1291732
3,394 SF 0.06 ac lot Built 1900
Last sale May 2022 · $130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space totaling 3,600 square feet, located at 1238–1240 Scott St in Baltimore, Maryland 21230. The provided information does not specify the unit configuration, frontage, building condition, or any particular interior improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$109k
Assessed land$25k
Assessed improvement$84k
Effective rate2.36%

Value estimate

· Oct 2026
$115k
$104k – $127k
AI approach$120k
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$5k
Operating expenses−$22k
NOI · 283,077.78% cap applied$51k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
Submarket average, outlier-cleaned · 387 recorded sales of this use type
Observed band · Q1–Q3$57 – $235
Qualifying comparables16

Cap rate analysis

How does the asset earn?
283,077.78%
$51k 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?
IMU-1
The IMU Industrial Mixed-Use Zoning Districts are intended to encourage the reuse of older industrial buildings for light industrial use,...
General categoryMIXED_USE
JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.2
Optical Shop8.6
Watch Repair Shop8.0

Location

1238 Scott St Baltimore, MD 21230
County assessor Recorded deeds · 3 transfers 16 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1748 Russell, Baltimore, MD 21230 $200,000 Aug 2025 No data
Baltimore, MD 21230 $235,000 Sep 2024 No data
1100 Nanticoke, Baltimore, MD 21230 $3,868,000 Mar 2023 No data
803 Lgt, Baltimore, MD 21230-4699 $258,300 Jul 2021 2,808 SF
805 Lgt, Baltimore, MD 21230-4782 $299,250 Jul 2021 2,808 SF
728 Dover, Baltimore, MD 21230-2202 $540,000 Jun 2019 780 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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