2981 Fls Rd Baltimore, MD 21211-2494
- Warehouses
- 15,264 SF
- 0.31 lot acres
Mar 17, 2023
Current Use by Public Records
- Ronny Rolling Gate Company Inc / Metal Fabricator
- DELIVERY PROS INC. / Shipping Company
Property Details for 2981 Fls Rd
- Year built
- 1875
- Construction
- BRICK
- Lot size
- 0.31 lot acres
- Property size
- 15,264 SF
- Zone code
- IMU-1
- Property type
- Warehouses
- APN
- 13-12-3500 -007
- APU
- 13123500007
Description
This exceptional 15,264 square foot flex space at 2981 Falls Road in Baltimore, MD, presents a compelling value-add opportunity. Boasting IMU-1 Mixed Use zoning, this property offers remarkable versatility. Originally constructed in 1878, the building features robust construction, including impressively thick brick walls (over one foot deep). Situated on a 13,721 square foot lot, its prime location within the Falls Mill District/Hampden area provides excellent visibility and accessibility. The asking price is $750,000, translating to $49.14 per square foot. The property's zoning allows for a wide range of uses, including light industrial, office, residential, and retail, making it an ideal investment for developers and entrepreneurs seeking a unique and adaptable space. Its proximity to the Mill No. 1 redevelopment project further enhances its potential for significant appreciation. This is a rare chance to acquire a substantial property in a rapidly developing area with considerable upside potential. The property's size, zoning, and location combine to create a truly unique investment opportunity in the heart of Baltimore.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $810,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $925,000
Market price range: $925k - $3.98M
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6297
- Latitude
- 39.3227
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA