Financial
Distress signals
Property profile

508 Preston St Baltimore, MD 21202

OFF-MARKET
Auto shops
Property ID
US40-0246249
48,070 SF 1.3 ac lot Built 1900
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$11k
Tax billed · 2023
Assessed value$485k
Effective rate2.36%

Value estimate

· Sep 2026
$455k
$410k – $501k
Sales comparison$4.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
Submarket average, outlier-cleaned · 179 recorded sales of this use type
Observed band · Q1–Q3$95 – $441

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.8
Electrical Service9.3
Butcher8.9

Location

508 Preston St Baltimore, MD 21202-3924
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1107 Fayette, Baltimore, MD 21202-4731 $186,001 Apr 2025 33,504 SF
419 Colvin, Baltimore, MD 21202 $7,000 Dec 2024 4,800 SF
415 Colvin, Baltimore, MD 21202 $7,000 Dec 2024 2,750 SF
6 Lafayette, Baltimore, MD 21202-2847 $900,000 Nov 2024 11,978 SF
306 Colvin, Baltimore, MD 21202-4808 $520,000 Jul 2022 4,950 SF
1308 Saint Paul, Baltimore, MD 21202 $566,818 Dec 2019 1,421 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
6 properties of the same type nearby
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