Financial
Distress signals
Property profile

1031 68Th St Baltimore, MD 21237

FOR SALE
Warehouses
Property ID
US40-0545378
3,280 SF 6.12 ac lot Built 1955
Last sale Jan 1999 · $962,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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1031 68Th St, Baltimore, MD 21237 For Sale
$9,000,000 3,280 SF
1031 68Th St, Baltimore, MD 21237
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Property summary

AI-generated overview

This exceptional investment opportunity presents a multi-tenant warehouse situated on a substantial 10-acre lot in Baltimore County, Maryland. The property boasts a 30,000 square foot warehouse building ideally suited for various industrial uses. The zoning is designated as Heavy Industrial and MH-IM, allowing for a wide range of permitted activities. The property features oversized drive-in doors for convenient loading and unloading, a significant advantage for efficient operations.

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.

Mortgages

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?
$3k
Tax billed · 2023
Assessed value$197k
Assessed land$73k
Assessed improvement$124k
Effective rate1.34%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$20k
Operating expenses−$35k
NOI · 2.20% cap applied$198k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
Submarket average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$61 – $261
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2.20%
$198k 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?
MH-IM
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.0
Dental Office23.0
Restaurant20.2

Location

1031 68Th St Baltimore, MD 21237
County assessor Recorded deeds · 4 transfers 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8411 Philadelphia, Rosedale, MD 21237-3030 $390,000 Aug 2023 2,100 SF
6608 Quad, Baltimore, MD 21237-1221 $1,400,000 Mar 2023 14,758 SF
9415 Philadelphia, Rosedale, MD 21237-4103 $1,600,000 Mar 2023 19,200 SF
8531 Pulaski, Baltimore, MD 21237-3005 $3,077,257 Oct 2022 17,952 SF
8351 Pulaski, Baltimore, MD 21237-2948 $1,360,000 Sep 2022 1,800 SF
Gilmore, Rosedale, MD 21237 $65,000 Sep 2022 3,200 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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