Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4600 Monument St Baltimore, MD 21205-3006

    • Manufacturing properties
    • 54,000 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimations
    $2,350,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1440370
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 4600 Monument St

    Year built
    1943
    Construction
    BRICK
    Lot size
    1.35 lot acres
    Property size
    54,000 SF
    Zone code
    I-2
    Property type
    Manufacturing properties
    APN
    26-20-6169 -009A
    APU
    26206169009A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,879,000
      Market price range: $2.88M - $10.2M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.5582
    Latitude
    39.3004
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,487
    $235,200
    $929,500
    $1,164,700
    -
    $235,200
    $929,500
    $1,164,700

    Comparable in this City

    • Value Estimation
      $2,770,000
      74,567 SF

      6501 Erdman Ave

      MANUFACTURING (LIGHT) • 74,567 SF
      6501 Erdman Ave, Baltimore, MD 21205-3510
      View Details
    • Value Estimation
      $655,000
      5,000 SF

      4600 Ashland Ave

      MANUFACTURING (LIGHT) • 5,000 SF
      4600 Ashland Ave, Baltimore, MD 21205-3011
      View Details
    • Value Estimation
      $4,745,000
      106,640 SF

      701 Kresson St

      MANUFACTURING (LIGHT) • 106,640 SF
      701 Kresson St, Baltimore, MD 21205-2906
      View Details
    • Value Estimation
      $555,000
      11,598 SF

      720 Debelius Ave

      MANUFACTURING (LIGHT) • 11,598 SF
      720 Debelius Ave, Baltimore, MD 21205-3401
      View Details
    • Value Estimation
      $2,055,000
      45,050 SF

      5424 Pulaski Hwy

      MANUFACTURING (LIGHT) • 45,050 SF
      5424 Pulaski Hwy, Baltimore, MD 21205-3407
      View Details
    • Value Estimation by Request
      5,389 SF

      4420 Eager St

      MANUFACTURING (LIGHT) • 5,389 SF
      4420 Eager St, Baltimore, MD 21205-3032
      View Details

    Similar Nearby for Sale

    • $1,025,000
      11,766 SF

      1001 N Rose St

      Flex property for sale in Baltimore, MD
      1001 N Rose St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      11,000 SF

      Canton Warehouse with Office Space

      11,000 SF warehouse with two-story office in Canton.
      1000 S Linwood Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing
      10,825 SF

      Leased Industrial Property with Yard

      Industrial property 100% leased with prime outdoor storage yard.
      4420 E Eager St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      14,000 SF

      Two Industrial Buildings For Sale

      Two industrial buildings totaling 17,000 SF on 0.87 acres.
      1200-1210 N Macon St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      12,000 SF

      Prime Baltimore Warehouse For Sale

      12,000 SF Warehouse, I-1 Zoning
      1001 Rose St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      1 SF

      Prime East Baltimore Warehouse Land

      14 Acres, I-2 Zoning, Industrial Opportunity
      4120 Chase St, Baltimore, MD 21205
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property with Concrete Apron

      Industrial property featuring a concrete apron and ample power.
      828 North Point Rd, Baltimore, MD 21205
      View Details
    • Contact for pricing
      1 SF

      14-Acre Baltimore Industrial Land

      Prime Baltimore industrial land for lease.
      4120 Chase St, Baltimore, MD 21205
      View Details
    • Contact for pricing
      19,000 SF

      Renovated Flex Building For Lease

      19,000 SF flex building available for lease in Baltimore.
      800 Debelius Ave, Baltimore, MD 21205
      View Details
    • Contact for pricing
      136,100 SF

      Baltimore Warehouse Space Available

      136,100 square foot warehouse space for rent in Baltimore.
      6401 Quad Ave, Baltimore, MD 21205
      View Details
    • $20,000 /Mo

      Industrial Space Available For Rent

      Industrial property available for rent in Baltimore, Maryland.
      6330 Erdman Ave, Baltimore, MD 21205
      View Details
    • $7 SF/Yr
      15,000 SF

      Downtown Baltimore Flex Space

      15,000 SF Flex Space, Prime Location
      1010 Chester St, Baltimore, MD 21205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4600 Monument St
    Baltimore, MD 21205-3006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!