Property profile

1434 Fleet St 4 Baltimore, MD 21231

FOR LEASE
Other industrial properties
Property ID
US40-1460246
13,440 SF 0.07 ac lot Built 1920
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

1434 Fleet Street is a multi-tenant commercial building located in Baltimore at the intersection of the Fells Point and Harbor East neighborhoods, approximately two blocks from the waterfront. The space is configured for leasing and includes the 2nd and 4th floors, each with approximately 3,360 square feet of interior area; the floors can be rented together or separately, and the arrangement is described as an NNN lease. The floors feature high ceilings and expansive windows designed to provide natural light, with an industrial-loft style character. The property’s design and layout are suited for a range of commercial uses, such as food and beverage service, retail, or co-working, subject to applicable zoning and code requirements.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1920
Construction BRICK
Total area 13,440 SF
Lot 0.07 ac (3,223 SF)
Zoning code IMU-1
APN 03-07-1443 -037
UPID US40-1460246

Cap rate & NOI

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

Location

1434 Fleet St, Unit 4 Baltimore, MD 21231
Baltimore metro Census 20300 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.14M
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$440k

Owner & transaction history

since 2019
1 recorded transaction
2019
$13,515

Zoning & alternative use

IMU-1 · Baltimore, MD
Zoning description

The IMU Industrial Mixed-Use Zoning Districts are intended to encourage the reuse of older industrial buildings for light industrial use, as well as a variety of non-industrial uses. The IMU-1 District is generally for i…

General category MIXED_USE

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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More about this property
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