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    Property profile & analytics

    1940 Baltimore St Baltimore, MD 21223-2245

    • Medical offices
    • 11,076 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US40-0954230
    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

    • Midy Jean-Albert MD / Cardiovascular And Thoracic Surgeon / Vascular Surgeon
    • Mohamed Sheku Dauda / Family Practice Physician
    • Mrs. Kimberly Briscoe Asante / Marriage Or Relationship Counselor
    • Amlani Mohan MD / Infectious Disease Physician
    • Ufomadu Chukwuemeka MD / Doctor

    Property Details for 1940 Baltimore St

    Year built
    1953
    Construction
    BRICK
    Lot size
    0.13 lot acres
    Property size
    11,076 SF
    Zone code
    H
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    20-15-0192 -001
    APU
    20150192001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $425,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $475,000
      Retail
      $495,000
      Mixed-Use
      $455,000
      Hospitality
      $435,000
      Educational
      $415,000
      Residential Income
      $435,000
      Energy
      $365,000
      Income-Based Land
      $425,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6485
    Latitude
    39.2885
    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
    $0.00
    $66,400
    $557,600
    $624,000
    -
    $66,400
    $557,600
    $624,000

    Comparable in this City

    • Value Estimation
      $215,000
      3,888 SF

      520 Franklintown Rd

      MEDICAL BUILDING • 3,888 SF
      520 Franklintown Rd, Baltimore, MD 21223-1052
      View Details
    • Value Estimation by Request
      29,000 SF

      1501 Saratoga St

      MEDICAL BUILDING • 29,000 SF
      1501 Saratoga St, Baltimore, MD 21223-1749
      View Details
    • Value Estimation
      $160,000
      4,114 SF

      1910 Pratt St

      MEDICAL BUILDING • 4,114 SF
      1910 Pratt St, Baltimore, MD 21223-2237
      View Details
    • Value Estimation by Request
      988 SF

      2116 Pratt St

      MEDICAL BUILDING • 988 SF
      2116 Pratt St, Baltimore, MD 21223-2243
      View Details
    • Value Estimation
      $425,000
      13,365 SF

      2401 Baltimore St

      MEDICAL BUILDING • 13,365 SF
      2401 Baltimore St, Baltimore, MD 21223-2134
      View Details
    • Value Estimation by Request
      69,432 SF

      1217 Fayette St

      HOSPITAL - PRIVATE • 69,432 SF
      1217 Fayette St, Baltimore, MD 21223-1938
      View Details

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      Land in Baltimore, Maryland

      Land suitable for business investment or residential development in Baltimore.
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    Similar Nearby for Lease

    • $19 SF/Yr
      303 SF

      Office Space For Rent

      Office space available for lease in Baltimore, Maryland.
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      200,000 SF

      Westside Shopping Center: Baltimore

      Prime Retail Space Available in Baltimore
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    • $15 SF/Yr
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      16,200 SF

      Baltimore Warehouse Space Available

      16,200 SF warehouse space for lease in Baltimore.
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      View Details
    • $4 SF/Yr
      11,000 SF

      Secured Warehouse Space Available

      Fenced warehouse with heavy power, dock, and drive-in doors.
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      View Details
    • $5 SF/Yr
      24,000 SF

      West Baltimore Warehouse Space Available

      Warehouse space for lease in West Baltimore near Route 40.
      330 North Warwick Ave, Baltimore, MD 21223
      View Details
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    1940 Baltimore St
    Baltimore, MD 21223-2245
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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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