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Property profile & analytics

1020 Pratt St Baltimore, MD 21223

  • Manufacturing properties
  • 46,710 SF
  • 0.36 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-1019932
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

  • 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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $550,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $717,000
    Market price range: $718k - $2.59M

Get a detailed, property-specific valuation — fast and free


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

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
$5,782
$78,200
$166,800
$245,000
-
$78,200
$166,800
$245,000
More about this property
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