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    Property profile & analytics

    2601 Lexington St Baltimore, MD 21223-1441

    • Office buildings
    • 6,205 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US40-1473932
    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

    • Mayflower Laundries / Laundry Service / Laundry
    • Advantech Management Services / Business Management Consultant

    Property Details for 2601 Lexington St

    Year built
    1953
    Construction
    BRICK
    Lot size
    0.32 lot acres
    Property size
    6,205 SF
    Zone code
    I-1
    Property type
    Office buildings
    APN
    20-07-2167B-058A
    APU
    20072167B058A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $235,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $275,000
      Mixed-Use
      $240,000
      Hospitality
      $270,000
      Educational
      $240,000
      Residential Income
      $205,000
      Energy
      $255,000
      Income-Based Land
      $225,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6586
    Latitude
    39.2893
    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
    $2,303
    $27,800
    $69,800
    $97,600
    -
    $27,800
    $69,800
    $97,600

    Comparable in this City

    • Value Estimation by Request
      6,120 SF

      2127 Pratt St

      OFFICE BUILDING • 6,120 SF
      2127 Pratt St, Baltimore, MD 21223-2244
      View Details
    • Value Estimation
      $1,475,000
      39,196 SF

      1001 Pratt St

      OFFICE BUILDING • 39,196 SF
      1001 Pratt St, Baltimore, MD 21223-2679
      View Details
    • Value Estimation
      $350,000
      8,844 SF

      1601 Baltimore St

      OFFICE BUILDING • 8,844 SF
      1601 Baltimore St, Baltimore, MD 21223-2331
      View Details
    • Value Estimation
      $305,000
      5,350 SF

      205 Smallwood St

      OFFICE BUILDING • 5,350 SF
      205 Smallwood St, Baltimore, MD 21223-2907
      View Details
    • Value Estimation
      $485,000
      3,554 SF

      9 Carrollton Ave

      OFFICE BUILDING • 3,554 SF
      9 Carrollton Ave, Baltimore, MD 21223-2626
      View Details
    • Value Estimation
      $565,000
      2,400 SF

      1707 Edmondson Ave

      OFFICE BUILDING • 2,400 SF
      1707 Edmondson Ave, Baltimore, MD 21223-1220
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,850 SF

      Free-Standing Flex/Office Building For Sale

      3,850 SF flex/office building in Pigtown/Mt. Clare submarket.
      910 W Pratt St, Baltimore, MD 21223
      View Details
    • $325,000

      Multi-Use Building with Operating Bar

      Multi-use building with bar, office, and income potential.
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    • $2,000,000
      43,371 SF

      Pratt Street Office Building Investment

      43,000 SF Office/Warehouse, Vacant, $2M
      1020 Pratt St, Baltimore, MD 21223
      View Details
    • $900,000
      0.03 Acres

      Baltimore Commercial Buildings and Business

      Three commercial buildings with a profitable liquor business for sale.
      2830 Edmondson Ave, Baltimore, MD 21223
      View Details
    • $90,000

      Baltimore Residential Property for Sale

      Residential property available in Baltimore, Maryland.
      2803 W Mulberry St, Baltimore, MD 21223
      View Details
    • $34,000

      Specialty Property for Sale

      Specialty property available for purchase in Baltimore, Maryland.
      8 N Bentalou St, Baltimore, MD 21223
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      303 SF

      Office Space For Rent

      Office space available for lease in Baltimore, Maryland.
      46 S Carrollton Ave, Baltimore, MD 21223
      View Details
    • Contact for pricing
      200,000 SF

      Westside Shopping Center: Baltimore

      Prime Retail Space Available in Baltimore
      2413 Frederick Ave, Baltimore, MD 21223
      View Details
    • $15 SF/Yr
      1,400 SF

      Edmondson Ave Restaurant Space

      Turnkey Restaurant, High Traffic Location
      2109 Edmondson Ave, Baltimore, MD 21223
      View Details
    • Contact for pricing
      16,200 SF

      Baltimore Warehouse Space Available

      16,200 SF warehouse space for lease in Baltimore.
      3101 Wilmarco Dr, Baltimore, MD 21223
      View Details
    • $4 SF/Yr
      11,000 SF

      Secured Warehouse Space Available

      Fenced warehouse with heavy power, dock, and drive-in doors.
      2201 Eagle St, Baltimore, MD 21223
      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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    2601 Lexington St
    Baltimore, MD 21223-1441
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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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