1038 Arlington Ave, Baltimore, MD 21217
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-8 · Baltimore, MDBaltimore. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.