Property profile

1135 Light St Baltimore, MD 21230

FOR LEASE
Other investment properties
Property ID
US40-1074090
5,247 SF 0.05 ac lot Built 1920
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1135 Light St, Baltimore, MD 21230 For Lease
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1135 Light St, Baltimore, MD 21230
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Property summary

AI-generated overview

This three-story end-of-group storefront building is located in the Federal Hill area of South Baltimore on a lot of approximately 0.05 acres, totaling 5,247 square feet. The first floor and basement were historically used as an optometry facility, while the upper levels have been used as three apartment units for more than 30 years. The property is positioned along a roadway with approximately 10,000 vehicles per day AADT and experiences substantial pedestrian, bicycle, and scooter traffic. It is configured for mixed-use, with potential for retail use on the ground level and residential rental income from the apartments.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction BRICK
Total area 5,247 SF
Lot 0.05 ac (2,195 SF)
Zoning code C-1
APN 24-02-0951 -051
UPID US40-1074090

Cap rate & NOI

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

Location

1135 Light St Baltimore, MD 21230
Baltimore metro Census 240300 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2010
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

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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