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Financial
Distress signals
Property profile

1620 w 41St St Baltimore, MD 21211

FOR SALE
Auto shops
Property ID
US40-1599540
4,632 SF 0 ac lot Built 1963
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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1620 w 41St St, Baltimore, MD 21211 For Sale
$1,600,000 4,632 SF
1620 w 41St St, Baltimore, MD 21211
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Property summary

AI-generated overview

The property is an industrial site located in Baltimore City, consisting of approximately 1.7 total acres and zoned I-1 for Baltimore City Industrial use. It includes about 4,600 square feet of building area and provides drive-in access. The site has visibility from the JFX and is positioned centrally within Baltimore City for general accessibility. The property has historically been configured for short-term leasing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$319k
Effective rate2.36%

Value estimate

· Oct 2026
$535k
$482k – $589k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$6k
Operating expenses−$27k
NOI · 3.11% cap applied$50k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$231/SF
Submarket average, outlier-cleaned · 179 recorded sales of this use type
Observed band · Q1–Q3$95 – $441
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.11%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
The I-1 Light Industrial Zoning District is intended to provide for a wide variety of light manufacturing, fabricating, processing, whole...
General categoryINDUSTRIAL
JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service14.0
Accounting Firm10.6
Electrical Service10.6

Location

1620 w 41St St Baltimore, MD 21211
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3551 Keswick, Baltimore, MD 21211-2640 $912,000 Sep 2024 2,052 SF
501 29th, Baltimore, MD 21211-2916 $900,000 May 2023 1,316 SF
401 26th, Baltimore, MD 21211-3100 $520,000 Apr 2022 12,600 SF
1035 40th, Baltimore, MD 21211-1722 $285,000 Aug 2021 2,376 SF
1029 41st, Baltimore, MD 21211 $1,000,000 Dec 2019 5,325 SF
1025 41st, Baltimore, MD 21211-1635 $1,000,000 Dec 2019 1,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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