Property profile

2 Market Pl Baltimore, MD 21222

OFF-MARKET
Office buildings
Property ID
US40-0794073
2,926 SF 0.07 ac lot Built 1934
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A brick medical professional/office building in Dundalk on a 0.07-acre lot, configured with multiple units and a detached 20x10 brick garage. The first floor has a front medical office area entered from the Market Place Street entrance, including a 5x8 ceramic-tile foyer, a 14x13 waiting room with carpet, a 10x8 carpeted receptionist area, exam rooms sized 9x8 and 8x8, an office sized 9x10 with carpet, an additional 11x12 carpeted office, a rear entrance hallway, a rear office reception area sized 11x10, and an 11x12 rear office; it also includes two half baths with ceramic tile flooring (one with ceramic tile surround). The upper level provides two separate office suites: a larger suite with a 12x18 carpeted reception room, a 13x12 carpeted professional room with built-ins, a 12x12 carpeted office, a 12x13 carpeted office with built-ins, and a half bath; and a second suite with a 12x13 carpeted waiting room and a 12x11 carpeted office. The basement contains a gas hot water heater, three separate gas boilers serving baseboard and radiator heating, three separate gas meters, and five separate electric meters, and the building includes an electronic main door with buzz-in system.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1934
Construction BRICK
Total area 2,926 SF
Lot 0.07 ac (3,000 SF)
Zoning code BM
APN 12-1202004470
UPID US40-0794073

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Crisis Center Medical Clinic
  • Foster Care Service Social Service Agency
  • Training Center
  • Bar & Pub

Location

2 Market Pl Baltimore, MD 21222-4351
Baltimore metro Census 420900 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2026
Last sale
$235,000
3 recorded transactions
2026
$250,000
2024
$235,000
2008
Price N/A

Zoning & alternative use

BM · Baltimore, MD

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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