Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    702 Cathedral St Baltimore, MD 21201
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    702 Cathedral St Baltimore, MD 21201

    View on Map
    • Office buildings
    • 18,000 SF
    • 0.17 lot acres
    For Lease
    View Listing →
    702 Cathedral St, Baltimore, MD For Lease
    Contact for pricing

    702 Cathedral St, Baltimore, MD

    Office space available on the first floor, 5,000-15,000 SF.

    702 Cathedral St, Baltimore, MD 21201
    View Listing
    Property ID
    US40-1362630
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Third Church Of Christ, Scientist / Church / Mosque
    • Healthier Talk / Publishing House

    Property Details for 702 Cathedral St

    Year built
    1900
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    18,000 SF
    Zone code
    OR-2
    Property type
    Office buildings
    APN
    11-10-0523 -002
    APU
    11100523002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $975,000
      Market price range: $494k - $2.68M
      AI Estimate
      $559,000
      Market price range: $455k - $1.58M

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6174
    Latitude
    39.2977
    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
    $18,886
    $0.00
    $0.00
    $800,233
    -
    $150,500
    $1,326,800
    $1,477,300

    Comparable in this City

    • Value Estimation by Request
      5,544 SF

      113 Charles St

      OFFICE BUILDING • 5,544 SF
      113 Charles St, Baltimore, MD 21201-3801
      View Details
    • Value Estimation
      $10,280,000
      87,360 SF

      320 Cathedral St

      OFFICE BUILDING • 87,360 SF
      320 Cathedral St, Baltimore, MD 21201-4421
      View Details
    • Value Estimation
      $1,465,000
      17,059 SF

      1211 Cathedral St

      OFFICE BUILDING • 17,059 SF
      1211 Cathedral St, Baltimore, MD 21201-5516
      View Details
    • Value Estimation
      $1,035,000
      10,152 SF

      5 Mt Vernon Pl

      OFFICE BUILDING • 10,152 SF
      5 Mt Vernon Pl, Baltimore, MD 21201-5103
      View Details
    • Value Estimation by Request
      8,636 SF

      41 Preston St

      OFFICE BUILDING • 8,636 SF
      41 Preston St, Baltimore, MD 21201-5717
      View Details
    • Value Estimation
      $635,000
      9,466 SF

      18 Franklin St

      OFFICE BUILDING • 9,466 SF
      18 Franklin St, Baltimore, MD 21201-5036
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Baltimore Office Building For Sale

      Office building available for purchase in Baltimore, Maryland.
      343 N Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      5,872 SF

      Baltimore Office Building For Sale

      Well-appointed office building occupied by design firm through July 2027.
      24 W Chase St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      24,472 SF

      Mixed-Use Property in South Baltimore

      24,472 SF mixed-use property with redevelopment potential.
      1834 S Charles St, Baltimore, MD 21201
      View Details
    • $995,000
      Pending

      Historic Mt Vernon Mixed-Use Property

      Unique mixed-use property with owner's unit and rental income potential.
      823 Park Ave, Baltimore, MD 21201
      View Details
    • $999,900
      7,500 SF

      Historic Downtown Multipurpose Building

      Five-story building near Inner Harbor, Camden Yards, and M&T Bank.
      200 W Fayette St, Baltimore, MD 21201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,021 SF

      Office and Retail Space Available

      Office and retail spaces in transit-oriented development with parking.
      1040 Park Ave, Baltimore, MD 21201
      View Details
    • Contact for pricing
      1,520 SF

      Downtown Baltimore Office Building

      Six-story office building with renovated atrium and on-site parking.
      2701 N Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing

      Advanced Lab and Office Building

      Flexible lab and office space in University of Maryland Biopark.
      800 West Baltimore St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      5,640 SF

      Downtown Baltimore Office Space Available

      Strategically located office building in the heart of Downtown Baltimore.
      20 S Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      3,317 SF

      Secure Downtown Office Space Available

      Downtown office space with state-of-the-art security features.
      502 S Sharp St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      8,363 SF

      Office Space for Rent

      Office space available for rent in Baltimore, MD.
      25 S Charles St, Baltimore, MD 21201
      View Details
    View Listing
    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.
    702 Cathedral St
    Baltimore, MD 21201
    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!