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Property profile & analytics
OFF-MARKET Estimated value $765,000
Distribution centers

337 Fremont Ave Baltimore, MD 21230-2225

8,466 SF 0.08 ac lot Built 1920
Entity Owned 1-yr Hold
Property ID
US40-0889024
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a unique chance to acquire a complete shell building located at 337 S Fremont Ave, Baltimore, MD 21230. Situated in the Ridgeley's Delight neighborhood, this property is zoned IMU, offering significant potential for a variety of uses. The asking price is $999,000. The building's current state is a blank canvas, allowing for complete customization to suit the buyer's vision. Its location in Baltimore, Maryland, near the University of Maryland, presents a strategic advantage for potential investors seeking to capitalize on the area's growth and demand. The property's address is clearly defined, and its latitude and longitude coordinates are available for precise location verification. This is an ideal investment for developers seeking a project with substantial upside potential. The property's existing structure provides a solid foundation for a new development, eliminating the need for extensive site preparation. The IMU zoning designation opens doors to a range of development possibilities, making this a truly versatile investment. Further details are available upon request. This is a rare opportunity to acquire a property with significant potential in a desirable location. Don't miss out on this chance to shape the future of this Baltimore property.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1920
Construction BRICK
Total area 8,466 SF
Lot 0.08 ac (3,522 SF)
Zoning code IMU-1
APN 22-04-0685B-018
UPID US40-0889024
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
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
$516k
Blend (final) Blend
$765k
Owner & transaction history
Oyster House Apartments LLC · 1 yrs held
Oyster House Apartments LLC
since 2024
2 recorded transactions
2024
$420,000
2016
$575,000
Zoning & alternative use
IMU-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.2M +11.5%
Retail stores $1.2M +6.9%
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