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Financial
Distress signals
Property profile

413 Commonwealth Ave Catonsville, MD 21228

FOR LEASE
Commercial real estate
Property ID
US40-1807165
0.5 ac lot
Last sale Dec 2022 · $1,100,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional medical/office building at 413 Commonwealth Avenue in Catonsville, MD, offers six individual suites for lease, each boasting a distinct layout designed for optimal functionality. The building is situated on a half-acre lot providing ample free, unreserved parking for tenants and their clients. Each suite includes private offices, treatment rooms, a reception area, and private restrooms for enhanced privacy and convenience. Suite sizes and rental rates vary, offering…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$1.27M
Assessed land$292k
Assessed improvement$981k
Effective rate0.63%

Value estimate

· Oct 2026
$1.32M
$1.18M – $1.45M
AI approach$1.21M
NOI build-up
Gross scheduled income$10k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 24,596.00% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$224/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$148 – $272

Cap rate analysis

How does the asset earn?
24,596.00%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RO
The R-O zoning classification is established, pursuant to the findings stated above, to accommodate houses converted to office buildings ...
General categoryMIXED_USE
JurisdictionBALTIMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.1
Parking Facility10.0
Laundry Service9.0

Location

413 Commonwealth Ave Catonsville, MD 21228
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Balto Natl, Catonsville, MD 21228 $4,700,000 Mar 2025 No data
5922 Leewood, Catonsville, MD 21228-3101 $334,900 Apr 2024 No data
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
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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