Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1616 Thames St Baltimore, MD 21231-3429

    • Investment properties
    • 6,220 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US40-1499731
    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

    • The Sound Garden-Baltimore / Record Store
    • AREPI Venezuelan Eats / Venezuelan Restaurant
    • Baby's On Fire / Coffee Shop / Breakfast Restaurant

    Property Details for 1616 Thames St

    Year built
    1920
    Construction
    BRICK
    Lot size
    0.25 lot acres
    Property size
    6,220 SF
    Zone code
    C-1-E
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    02-06-1820 -012
    APU
    2061820012

    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
    -76.5945
    Latitude
    39.2815
    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
    $16,761
    $540,100
    $170,100
    $710,200
    -
    $540,100
    $170,100
    $710,200

    Comparable in this City

    • Value Estimation by Request
      2,018 SF

      2223 Eastern Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,018 SF
      2223 Eastern Ave, Baltimore, MD 21231-3112
      View Details
    • Value Estimation
      $335,000
      2,414 SF

      1822 Fleet St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,414 SF
      1822 Fleet St, Baltimore, MD 21231-3234
      View Details
    • Value Estimation
      $315,000
      4,224 SF

      1534 Fleet St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,224 SF
      1534 Fleet St, Baltimore, MD 21231-2825
      View Details
    • Value Estimation
      $310,000
      3,966 SF

      1636 Lombard St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,966 SF
      1636 Lombard St, Baltimore, MD 21231-1791
      View Details
    • Value Estimation
      $520,000
      2,700 SF

      300 Ann St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      300 Ann St, Baltimore, MD 21231-2502
      View Details
    • Value Estimation
      $590,000
      2,484 SF

      1744 Aliceanna St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,484 SF
      1744 Aliceanna St, Baltimore, MD 21231-2969
      View Details

    Similar Nearby for Sale

    • $585,000

      Unique Fell's Point Historic Residence

      Historic tailoring workshop converted to a sophisticated 4-bedroom residence.
      328 S Broadway S, Baltimore, MD 21231
      View Details
    • $595,000
      3,771 SF

      Mixed-Use Investment in Upper Fells

      Mixed-use property with commercial space, apartments, and investment potential.
      301 S Ann St, Baltimore, MD 21231
      View Details
    • $2,400,000

      Fells Point Multifamily Investment Opportunity

      Nine-unit multifamily property in Fells Point with parking and storage.
      1516 Lancaster St, Baltimore, MD 21231
      View Details
    • $625,000
      2,760 SF

      Fell's Point Mixed-Use Investment

      Prime location, leased, strong income.
      1900 Aliceanna St, Baltimore, MD 21231
      View Details
    • $1,100,000
      3,730 SF

      Fells Point Mixed-Use Opportunity

      Mixed-use property in Fells Point with vacant restaurant/bar.
      514 S Broadway, Baltimore, MD 21231
      View Details
    • $579,000

      Mixed-Use Building with Residential Suite

      Mixed-use building with workshops and a two-floor private residential suite.
      1637 E Baltimore St, Baltimore, MD 21231
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      936 SF

      Retail Space in Fell's Point

      936 SF retail vacancy in high-profile Fell's Point location.
      631 S Broadway, Baltimore, MD 21231
      View Details
    • $2,500 /Mo
      871 SF

      Fells Point Corner Commercial Space

      High-visibility corner space in Fells Point, ideal for eatery.
      2000 Eastern Ave, Baltimore, MD 21231
      View Details
    • $1,400 /Mo
      871 SF

      Fells Point Commercial Corner Space

      Highly visible corner commercial space in Baltimore's Fells Point.
      2000 Eastern Ave Unit, Baltimore, MD 21231
      View Details
    • $2,250 /Mo

      Retail Space on Central Avenue

      One-level commercial space with open layout and great visibility.
      1300 Gough St, Baltimore, MD 21231
      View Details
    • $4,500 /Mo

      Waterfront Office Space with Deck

      Office space with roof deck and water views available for rent.
      2030 Aliceanna St, Baltimore, MD 21231
      View Details
    • $2,500 /Mo
      1,185 SF

      Charming Home with Private Courtyard

      Single-family home featuring a fireplace, courtyard, and modern kitchen.
      1929 Fleet St, Baltimore, MD 21231
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1616 Thames St
    Baltimore, MD 21231-3429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.