Property profile

5418 Park Hts Ave Baltimore, MD 21215

OFF-MARKET
Medical Office Space
Property ID
US40-0853260
2,744 SF 0.12 ac lot Built 1951
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 5418 Park Heights Avenue, Baltimore, MD 21215, is a former dental/medical office building that previously operated with a professional medical configuration and could support future use consistent with Baltimore City zoning and permitting approvals. It is located along the Park Heights Avenue corridor within the broader Park Heights revitalization footprint, in an area referenced as part of a Baltimore City impact investment setting and Main Street designation with ongoing public/private reinvestment in the vicinity. The building is presented with supporting materials such as an appraisal, floor plan, and a pre-listing structural/mechanical inspection, and its suitability for an owner-occupant professional setting, a medical or clinic use, or other professional office/service or adaptive reuse concepts would depend on regulatory approvals and buyer verification of code compliance and any applicable incentive-program eligibility (e.g., enterprise zone or sustainable community or historic rehabilitation programs, subject to independent confirmation).

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,744 SF
Lot 0.12 ac (5,239 SF)
Zoning code C-2
APN 27-21-4527 -017A
UPID US40-0853260

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

5418 Park Hts Ave Baltimore, MD 21215-4645
Baltimore metro Census 271801 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Baltimore, MD
Zoning description

01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…

General category COMMERCIAL

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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