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    Property profile & analytics

    16 Read St Baltimore, MD 21201-5305

    • Office buildings
    • 4,480 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1014141
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Global Scientific Solutions for Health / Marketing Agency / Corporate Office

    Property Details for 16 Read St

    Year built
    1900
    Lot size
    0.10 lot acres
    Property size
    4,480 SF
    Zone code
    OR-2
    Property type
    Office buildings
    APN
    11-02-0511 -002
    APU
    11020511002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.617
    Latitude
    39.2999
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,500
    $0.00
    $0.00
    $510,867
    -
    $126,000
    $385,800
    $511,800

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      805 Charles St

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      600 Howard St

      OFFICE BUILDING • 13,520 SF
      600 Howard St, Baltimore, MD 21201-4512
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      24,472 SF

      Mixed-Use Property in South Baltimore

      24,472 SF mixed-use property with redevelopment potential.
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    Similar Nearby for Lease

    • $19 SF/Yr
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      Downtown Baltimore Office Building

      Six-story office building with renovated atrium and on-site parking.
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      2,021 SF

      Office and Retail Space Available

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      Downtown Baltimore Office Space Available

      Strategically located office building in the heart of Downtown Baltimore.
      20 S Charles St, Baltimore, MD 21201
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      800 SF

      Prime Location Office Space

      Office space with high visibility and foot traffic.
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      28,663 SF

      Prime Baltimore Retail Space

      Downtown Baltimore retail/office opportunity. Multiple spaces available.
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    16 Read St
    Baltimore, MD 21201-5305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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