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    Property profile & analytics
    OFF-MARKET Estimated value $505,000
    Manufacturing properties

    121 Riverside Rd, Baltimore, MD 21221-6655

    9,375 SF 0.31 ac lot Built 1962
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US40-0717178
    Property summary
    AI-generated overview

    This exceptional 10,000 square foot freestanding warehouse, located at 121 Riverside Road in Baltimore, Maryland, presents a compelling investment opportunity. Situated within an Opportunity Zone, this property offers significant potential for growth and tax advantages. The warehouse boasts convenient exterior dock and drive-in access, ensuring efficient loading and unloading operations. The interior features impressive ceiling heights ranging from 14 to 16 feet, providing ample vertical space for storage and various industrial uses. The property is equipped with heavy power, including 3-phase electrical service, catering to the demands of energy-intensive businesses. Its prime location in Baltimore City, within Baltimore County, and the 21225 zip code, offers easy access to major transportation routes and a robust workforce. This well-maintained warehouse is ready for immediate occupancy and presents a rare chance to acquire a functional and strategically located industrial asset in a thriving market. The property's size, features, and location make it ideal for a variety of industrial and warehousing operations. Further details are available upon request.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1962
    Construction BRICK
    Total area 9,375 SF
    Lot 0.31 ac (13,591 SF)
    Zoning code R-6
    APN 25-06-7027D-001
    UPID US40-0717178
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $315k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $500k
    Blend (final) Blend
    $505k
    Owner & transaction history
    Baltic Avenue Ents LLC · 13 yrs held
    Baltic Avenue Ents LLC
    since 2013
    Last sale
    $600,000
    1 recorded transaction
    2013
    $245,000
    Zoning & alternative use
    R-6 · Baltimore, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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