Property profile

600 E Pratt St Baltimore, MD 21202

FOR LEASE
Super regional malls
Property ID
US40-1343343
107,916 SF 1.05 ac lot Built 2005
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Lockwood Place, located at 600 E Pratt St in Baltimore, MD 21202, presents a unique opportunity for retail businesses seeking high visibility and accessibility. This 3,200 square foot retail space is situated in a prime location at the intersection of Baltimore's business and entertainment districts, offering unparalleled exposure to a large and diverse customer base. The property is conveniently located steps away from major attractions such as The National Aquarium in Baltimore, Power Plant Live!, the Inner Harbor, and Baltimore's World Trade Center, ensuring consistent foot traffic and high brand visibility. The building boasts excellent signage opportunities along the heavily trafficked East Pratt Street, maximizing marketing potential. Furthermore, the adjacent Lockwood parking garage provides ample parking for customers and employees, with a total of 240 spaces available. This entire 3,200 square foot space is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property is classified as a shopping center with multiple suites, although this listing only includes the single, available 3,200 square foot unit. This exceptional location within Baltimore City County offers an unparalleled opportunity to establish a thriving retail presence in a vibrant and dynamic urban environment.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 107,916 SF
Lot 1.05 ac (45,607 SF)
Zoning code R-8
APN 04-11-1384 -002
UPID US40-1343343

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
  • Big Box & Wholesale Store Shipping Company
  • Department Store
  • Restaurant
  • Clothing & Fashion Store
  • Loan Service

Location

600 E Pratt St Baltimore, MD 21202
Baltimore metro Census 40100 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.49M

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

R-8 · Baltimore, MD
Zoning description

The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $24.9M +26.0%
Restaurant $24.5M +24.2%

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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