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

    206 Read St Baltimore, MD 21201-4809

    • Investment properties
    • 3,336 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Jun 05, 2025
    $400,000
    Location Intelligence
    Property ID
    US40-1378345
    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

    • Investment properties

    Property Details for 206 Read St

    Year built
    1900
    Lot size
    0.03 lot acres
    Property size
    3,336 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11-02-0503 -004
    APU
    11020503004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $435,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $465,000
      Mixed-Use
      $465,000
      Hospitality
      $365,000
      Educational
      $470,000
      Residential Income
      $395,000
      Energy
      $425,000
      Income-Based Land
      $385,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6188
    Latitude
    39.3006
    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
    $6,999
    $0.00
    $0.00
    $296,567
    -
    $82,300
    $229,000
    $311,300

    Comparable in this City

    • Value Estimation by Request
      2,256 SF

      1727 Maryland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,256 SF
      1727 Maryland Ave, Baltimore, MD 21201
      View Details
    • Value Estimation by Request
      5,250 SF

      1808 Maryland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,250 SF
      1808 Maryland Ave, Baltimore, MD 21201-5806
      View Details
    • Value Estimation by Request
      3,930 SF

      329 Eutaw St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,930 SF
      329 Eutaw St, Baltimore, MD 21201-2161
      View Details
    • Value Estimation by Request
      2,979 SF

      411 Saratoga St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,979 SF
      411 Saratoga St, Baltimore, MD 21201-1817
      View Details
    • Value Estimation by Request
      7,929 SF

      422 Franklin St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,929 SF
      422 Franklin St, Baltimore, MD 21201-1823
      View Details
    • Value Estimation by Request
      3,644 SF

      527 Lexington St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,644 SF
      527 Lexington St, Baltimore, MD 21201-1728
      View Details

    Similar Nearby for Sale

    • $1,200,000
      6,480 SF

      665 Pratt St, Baltimore, MD 21201

      Mixed-use properties • 6,480 SF
      665 Pratt St, Baltimore, MD 21201
      View Details
    • $399,900
      3,528 SF

      Downtown Baltimore Mixed-Use Investment

      High-yield, renovated income property.
      219 Howard St, Baltimore, MD 21201
      View Details
    • $175,000
      10,440 SF

      440 +\/- Sq. Ft. building in Downtown Baltimore. For many years

      the owner's apartment unit was occupied by Vince Alimo. SITE: 26' X 126' +\/- parcel zoned C-5HT (Commercial) which is served by public water and sewer. IMPROVEMENTS: 4-Level building plus 2 lower levels. The building has a garage in the 2nd lower level and a parking space in the back alley. The building is configured with 3 residential units
      403 Charles St, Baltimore, MD 21201
      View Details
    • $389,900

      Renovated Mixed-Use Income Property

      Tenant-occupied, renovated mixed-use property in downtown Baltimore.
      219 N Howard St, Baltimore, MD 21201
      View Details
    • $1,295,000
      7,240 SF

      Historic Mount Vernon Mixed-Use Property

      Fully occupied, renovated mixed-use building in historic Mount Vernon.
      825 N Charles St, Baltimore, MD 21201
      View Details
    • $140,000

      Downtown Baltimore Mixed-Use Townhouse

      Three-story commercial townhouse in downtown Baltimore, ideal for Airbnb.
      304 Park Ave, Baltimore, MD 21201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,059 SF

      Office Space Available Immediately

      Office space for rent, available immediately in Baltimore, MD.
      1500 N Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      3,317 SF

      Secure Downtown Office Space Available

      Downtown office space with state-of-the-art security features.
      502 S Sharp St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      9,786 SF

      Office Space Available For Rent

      Office spaces ranging from 500 to 18,000 SF available.
      1030 N Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      2,339 SF

      Renovated Office Space Near Harbor

      Recently renovated office space with parking and Inner Harbor views.
      575 S Charles St, Baltimore, MD 21201
      View Details
    • $23 SF/Yr
      12,384 SF

      Office Space for Rent

      Office space available for rent in Baltimore, MD.
      25 S Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      4,362 SF

      225 N Charles St, Baltimore, MD

      Storefront properties • 4,362 SF
      225 N Charles St, Baltimore, MD 21201
      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.
    206 Read St
    Baltimore, MD 21201-4809
    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.