The property is a specialty commercial asset located at 409 S Spring St in Baltimore, Maryland. The provided information does not include building dimensions, layout, physical condition, site characteristics, frontage, or details regarding current tenancy or operational use, so the specific suitability for a particular commercial purpose would require verification through on-site inspection and due diligence to confirm access, frontage, and any site or building features.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$4k

Tax billed · 2023

Assessed value$151k

Assessed land$52k

Assessed improvement$98k

Effective rate2.36%

Value estimate

· Oct 2026

$315k

$284k – $347k

AI approach$315k

Submarket $/SF estimate$489k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$152/SF

Submarket average, outlier-cleaned · 345 recorded sales of this use type

Observed band · Q1–Q3$61 – $261

Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

I-MU

JurisdictionBALTIMORE CITY

Location intelligence

Which uses thrive at this corner?

Best fit: Pet Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Pet Store8.6

Pet Supply Store8.3

Shoe Repair7.8

409 Spg St Baltimore, MD 21231

County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby

Address Sale price Sold Size

113 Collington, Baltimore, MD 21231-1634 $150,000 Jan 2025 11,611 SF

110 Eden, Baltimore, MD 21231 $95,000 Jul 2024 12,160 SF

618 Regester, Baltimore, MD 21231-2922 $250,000 Apr 2022 3,680 SF

2206 Cambridge, Baltimore, MD 21231 $500,000 Nov 2021 4,872 SF

500 Bond, Baltimore, MD 21231-2804 $1,050,000 Oct 2020 7,348 SF

1434 Fleet, Baltimore, MD 21231-2819 $13,515 Jun 2019 13,440 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,070,000

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Value Estimation
$920,000

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415 Bond St

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Value Estimation
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228 Eden St

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Value Estimation by Request
11,611 SF

113 Collington Ave

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113 Collington Ave, Baltimore, MD 21231-1634

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Value Estimation
$290,000

5,490 SF

401 Bond St

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401 Bond St, Baltimore, MD 21231-2324

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Value Estimation
$315,000

5,475 SF

Baltimore, MD 21231

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Baltimore, MD 21231

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409 Spg St Baltimore, MD 21231

Property summary