Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    327 Baltimore Ave Cumberland, MD 21502-2407
    Back to Search
    Property profile & analytics

    327 Baltimore Ave Cumberland, MD 21502-2407

    View on Map
    • Warehouses
    • 7,056 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US40-2237548
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 327 Baltimore Ave

    Year built
    1910
    Construction
    BRICK
    Lot size
    0.09 lot acres
    Property size
    7,056 SF
    Zone code
    R-O
    Property type
    Warehouses
    APN
    22-009494
    APU
    22009494

    Description

    This substantial 7,056 square foot industrial building at 327 Baltimore Avenue in Cumberland, MD, presents a unique investment opportunity. The three-story concrete block structure sits on a 0.09-acre lot and offers exceptional versatility. Each level is easily accessible via a freight elevator, ideal for efficient material handling. The main floor includes existing office space, ready for immediate use. The upper and lower levels provide extensive storage areas, complete with sturdy shelving units. Electric heaters are installed on all three floors. Currently, the property's power is unavailable. The building is offered as-is, including all existing contents. Its prime location in a high-traffic area near downtown Cumberland makes it perfect for a variety of uses, from warehouse and production to mixed-use redevelopment. This property offers significant space and adaptability for entrepreneurs, investors, or anyone seeking a substantial structure at an exceptional price. The combination of size and price point makes this a compelling investment opportunity. Don't miss this chance to acquire a building with immense potential and bring your vision to life.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.756
    Latitude
    39.6546
    CBSA code
    19060
    CBSA name
    CUMBERLAND, MD-WV 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
    $761
    $12,900
    $68,900
    $81,800
    -
    $12,900
    $68,900
    $81,800

    Comparable in this City

    • Value Estimation by Request
      1,020 SF

      714 Mechanic St

      WAREHOUSE, STORAGE • 1,020 SF
      714 Mechanic St, Cumberland, MD 21502-2115
      View Details
    • Value Estimation by Request
      840 SF

      527 Mechanic St

      WAREHOUSE, STORAGE • 840 SF
      527 Mechanic St, Cumberland, MD 21502-2133
      View Details
    • Value Estimation by Request
      1,440 SF

      320 Mechanic St

      WAREHOUSE, STORAGE • 1,440 SF
      320 Mechanic St, Cumberland, MD 21502-2232
      View Details
    • Value Estimation by Request
      735 SF

      25 New Hampshire Ave

      WAREHOUSE, STORAGE • 735 SF
      25 New Hampshire Ave, Cumberland, MD 21502-4324
      View Details
    • Value Estimation by Request
      2,975 SF

      14212 Pinto SW Rd

      WAREHOUSE, STORAGE • 2,975 SF
      14212 Pinto SW Rd, Cresaptown, MD 21502
      View Details
    • Value Estimation by Request
      3,750 SF

      207 Un St

      WAREHOUSE, STORAGE • 3,750 SF
      207 Un St, Cumberland, MD 21502
      View Details

    Similar Nearby for Sale

    • $975,000
      1.47 Acres

      CUMBERLAND Commercial/Industrial Opportunity

      Large industrial building with truck repair history and redevelopment potential.
      208 Market St, Cumberland, MD 21502
      View Details
    • $1,495,000
      23,000 SF

      Cumberland Warehouse For Sale

      23,000 sqft warehouse in Cumberland, Maryland available for sale.
      215 Elder St, Cumberland, MD 21502
      View Details
    • $179,900

      Versatile Commercial Property For Sale

      Adaptable commercial space with office, warehouse, and fabrication potential.
      1206 E Oldtown Rd, Cumberland, MD 21502
      View Details
    • New
      $699,900
      1.46 Acres

      CUMBERLAND Vacant Land Opportunity

      1.46 acre vacant lot suitable for medical office or storage.
      105 Welton Dr, Cumberland, MD 21502
      View Details
    • Contact for pricing

      LaVale Mixed-Use Property For Sale

      Two buildings on 0.80 acres in high-traffic area.
      918 National Hwy, Lavale, MD 21502
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Flexible Space with Multiple Sections

      Adaptable space with offices, open areas, and metal building.
      21 Lane Ave, Lavale, MD 21502
      View Details
    • $13 SF/Yr

      Retail Space in Lavale, MD

      Retail space in established shopping center with high visibility.
      1223 National Hwy, Lavale, MD 21502
      View Details
    • New
      $1,100 /Mo
      3,925 SF

      CUMBERLAND, MD Commercial Lease

      Commercial lease space available in Cumberland, MD.
      323 Baltimore Ave, Cumberland, MD 21502
      View Details
    • Contact for pricing

      La Vale Retail Land

      Approximately 80 acres of B2 zoned land for rent.
      13816 Spealman Rd SW, Lavale, MD 21502
      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.
    327 Baltimore Ave
    Cumberland, MD 21502-2407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    327 Baltimore Ave, Cumberland, MD, 21502
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!