Property profile

1039 Charles St Baltimore, MD 21230

OFF-MARKET
Investment properties
Property ID
US40-0100457
2,923 SF 0.04 ac lot Built 1920
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction BRICK
Total area 2,923 SF
Lot 0.04 ac (1,631 SF)
Zoning code C-1
APN 23-04-0934B-011
UPID US40-0100457

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1039 Charles St Baltimore, MD 21230-5059
Baltimore metro Census 230200 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
$620k
Comparable Approach Comparable
$752k
Blend (final) Blend
$360k

Owner & transaction history

since 2016
4 recorded transactions
2016
$525,000
2003
$325,000
2000
$187,000
1969
Price N/A

Zoning & alternative use

C-1 · Baltimore, MD
Zoning description

ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $675,000 +30.6%
Office building $600,000 +16.2%
Neighborhood: shopping center $535,000 +3.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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