Property profile

3501 Pulaski Hwy Baltimore, MD 21224

OFF-MARKET
Outlet malls
Property ID
US40-0062557
40,895 SF 0.81 ac lot Built 1940
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 40,895-square-foot industrial building configured for warehouse and manufacturing uses. Approximately 30,000 square feet provide 19-foot clear height space, and an additional 10,000 square feet on the second level is set up for 10-foot clear height storage. It is zoned I-2 (General Industrial District), which allows a range of manufacturing, fabricating, processing, wholesale distributing, and warehousing activities, including outdoor material storage. The building is located near major highways I-95 and I-895 and is in proximity to the Port of Baltimore.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1940
Construction BRICK
Total area 40,895 SF
Lot 0.81 ac (35,240 SF)
Zoning code I-2
APN 26-19-6270 -005
UPID US40-0062557

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3501 Pulaski Hwy Baltimore, MD 21224-1533
Baltimore metro Census 260404 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$1.90M

Owner & transaction history

since 2021
Last sale
$1.5M
4 recorded transactions
2021
$1.5M
2018
$650,000
2005
$1.0M
2005
$350,000

Zoning & alternative use

I-2 · Baltimore, MD
Zoning description

The I-2 General Industrial Zoning District is intended to provide for a wide variety of general manufacturing, fabricating, processing, wholesale distributing, and warehousing uses.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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