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Property profile & analytics
OFF-MARKET Estimated value $565,000
Bars & Pubs

2127 Edmondson Ave Baltimore, MD 21223

36,490 SF 0.65 ac lot Built 1930
Entity Owned 1-yr Hold Free & Clear
Property ID
US40-0717184
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 36,490 square foot, two-story building situated on a 0.64-acre lot in Baltimore, Maryland. Currently vacant, this fee-simple property boasts 137 feet of frontage on Edmondson Avenue, experiencing a daily vehicle traffic count of 10,429. Originally constructed in the 1930s for automotive use, the building has more recently served as an event space and office area. The property includes ample parking for approximately 100 vehicles, split between upper and lower levels, with the lower level providing covered parking. The building's TOD-4 zoning allows for a mix of residential, commercial, and civic uses, with a minimum height of 24 feet and a maximum of 100 feet. Located in the Midtown-Edmondson neighborhood, this property benefits from a dense population (44,274 within a 1-mile radius) and proximity to the West Baltimore MARC Station, US-1, US-40, I-95, and MD-205. Its location within a Priority Funding Area makes it eligible for various local, state, and federal redevelopment incentives. This absolute $1 auction, with no reserve, presents a unique chance to acquire a substantial property with significant redevelopment potential. The auction will take place December 9-11, 2024.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1930
Construction BRICK
Total area 36,490 SF
Lot 0.65 ac (28,106 SF)
Zoning code TOD-4
APN 20-22-0117 -035
UPID US40-0717184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
1210 N Macon Street LLC · 1 yrs held
1210 N Macon Street LLC
since 2025
Last sale
$501,000
4 recorded transactions
2025
$501,000
2017
$300,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
TOD-4 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of TOD Transit-Oriented Development Zoning Districts is to encourage the location of uses and forms of development conducive to increased transit usage. This District is intended to promote new, well-integrated residential and commercial development around transit stations, to ensure that new development occurs in the form of compatible, higher d…

Zone name Transit Oriented Development
General category COMMERCIAL
Zone area 259.30 ac
Source Realmo
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