1020 Pratt St Baltimore, MD 21223
- Manufacturing properties
- 46,710 SF
- 0.36 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1020 Pratt St
- Year built
- 1925
- Construction
- BRICK
- Lot size
- 0.36 lot acres
- Property size
- 46,710 SF
- Zone code
- R-8
- Property type
- Manufacturing properties
- APN
- 18-08-0251 -032
- APU
- 18080251032
Description
This exceptional 43,371 square foot, three-story Class B office building at 1020 W. Pratt Street in Baltimore, MD 21223 presents a compelling investment opportunity. Currently vacant, this property offers significant potential for redevelopment or continued use as a warehouse or office space. Built in 1920, the building boasts IMU-1 zoning, allowing for a diverse range of uses including multi-family residential, office space, warehouse facilities, and self-storage. The expansive footprint includes over 43,000 square feet above grade, complemented by an additional 13,000 square feet of basement space. The asking price is $2,000,000. Its strategic location provides excellent access to major roadways including I-395, I-295, I-95, and Route 40, placing it within easy reach of the University of Maryland BioPark and Hospital campus. Furthermore, the property benefits from its proximity to thriving neighborhoods such as Hollins Market, PigTown, Camden Yards, and TopGolf, reflecting a rapidly developing area with significant investment and redevelopment activity surrounding the property, including the billion-dollar University of Maryland BioPark, the revitalization of Hollins Market and the B&O Railroad Museum, and the ongoing growth of Pig Town and Carroll-Camden. This presents a unique chance to capitalize on the area's upward trajectory.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $550,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $717,000
Market price range: $718k - $2.59M
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6347
- Latitude
- 39.2859
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA