Property summary
This 3,125-square-foot vacant auto shop, located at 1038 N Arlington Ave, Baltimore, MD 21217, presents a compelling redevelopment opportunity. Situated on a 6,578-square-foot lot, the single-story, 1940-built building offers significant potential. Currently zoned R-8, the property includes five parking spaces. The property is being sold subject to a ground lease with an annual ground rent of $300. The sale is free and clear of all liens. Real estate taxes are $1,132.80 annually. Conveniently located in the Sandtown-Winchester neighborhood, this property enjoys proximity to the Upton Metro Station and Coppin State University, with easy access to Fremont Avenue. While formerly used as an auto repair shop, the buyer is responsible for verifying all zoning, permits, licenses, and usage. The property is vacant, but the buyer assumes responsibility for obtaining possession. This is a ground rent ownership property. The property is being sold as part of an auction, with the auction beginning November 14th at 10:00 AM and ending November 18th at 11:30 AM. Pre-auction offers are not accepted. The initial deposit must be cash or certified funds.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-8 · Baltimore, MDThe R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-8 in Baltimore, MD.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.