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For Lease
Property summary
This three-story, 1,350-square-foot mixed-use building at 227 W Mulberry St, Baltimore, MD 21201, presents a compelling redevelopment opportunity. Built in 1920, this C-class property sits on a 622-square-foot lot and is zoned C-5HS. Currently vacant, the building offers three units, believed to be configured as commercial space on the main level, a kitchen, living, and dining area on the second, and two bedrooms and a bathroom on the third. An unfinished basement is also present. The… property's prime downtown location offers easy access to major arteries like W Baltimore St and Saint Paul St, and proximity to Lexington Market, University of Maryland Medical Center, Oriole Park, M&T Bank Stadium, and the Baltimore Convention Center. The property is subject to a ground lease with an annual ground rent of $0.01. Real estate taxes are $1,404.20 annually. The sale is free and clear of all liens. This is a pre-auction offering, with the auction beginning November 13th at 10:00 AM and ending November 15th at 11:10 AM. The buyer is responsible for verifying all zoning, permits, licenses, and usage.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 21 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,350 SF
- Lot area
- 0.01 ac
- Year built
- 1920
- Stories
- 3
- APN
- 04-02-0578 -023
- Zoning
- C-5HS
- Assessed value · 2023
- $59,500
- Annual tax · 2023
- $1,404
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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