Property profile

407 Preston St Baltimore, MD 21202

OFF-MARKET
Commercial real estate
Property ID
US40-2240846
0.06 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.06 ac (2,635 SF)
Zoning code IMU-1
APN 10-04-1152 -055
UPID US40-2240846

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

407 Preston St Baltimore, MD 21202-5742
Baltimore metro Census 100100 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2009
7 recorded transactions
2019
Price N/A
2009
$610,000
2004
$550,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IMU-1 · Baltimore, MD
Zoning description

The IMU Industrial Mixed-Use Zoning Districts are intended to encourage the reuse of older industrial buildings for light industrial use, as well as a variety of non-industrial uses. The IMU-1 District is generally for i…

General category MIXED_USE

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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