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

    8 N Howard St Baltimore, MD 21201

    View on Map
    • Apartment buildings
    • 114,675 SF
    • 0.51 lot acres
    For Lease
    $3,885,000
    View Listing →
    Downtown Baltimore Retail Space Available For Lease
    $3,885,000
    2,066 SF

    Downtown Baltimore Retail Space Available

    Highly visible retail space in downtown Baltimore near CFG Arena.

    8 N Howard St, Baltimore, MD
    View Listing
    Property ID
    US40-1144595
    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

    • The Centerpoint Apartments / Apartment Complex
    • Metrovoice Youth Entrepreneurs Program / Family Recreation Center

    Property Details for 8 N Howard St

    Year built
    1900
    Lot size
    0.51 lot acres
    Property size
    114,675 SF
    Zone code
    C-5DC
    Property type
    Apartment buildings
    APN
    04-10-0632 -002
    APU
    4100632002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,321,000
      Market price range: $904k - $13.4M

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.6198
    Latitude
    39.2898
    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
    $6,826
    $868,100
    $5,226,100
    $6,094,200
    -
    $868,100
    $5,226,100
    $6,094,200

    Comparable in this City

    • Value Estimation
      $4,985,000
      42,255 SF

      300 Charles St

      APARTMENT HOUSE (5+ UNITS) • 42,255 SF
      300 Charles St, Baltimore, MD 21201-4305
      View Details
    • Value Estimation
      $12,520,000
      211,596 SF

      1100 Bolton St

      APARTMENT HOUSE (100+ UNITS) • 211,596 SF
      1100 Bolton St, Baltimore, MD 21201-2250
      View Details
    • Value Estimation
      $25,080,000
      378,258 SF

      300 Lombard St

      APARTMENT HOUSE (100+ UNITS) • 378,258 SF
      300 Lombard St, Baltimore, MD 21201-2520
      View Details
    • Value Estimation by Request

      706 Park Ave

      Multifamily properties
      706 Park Ave, Baltimore, MD 21201
      View Details
    • Value Estimation by Request
      3,354 SF

      117 Saratoga St

      APARTMENT HOUSE (5+ UNITS) • 3,354 SF
      117 Saratoga St, Baltimore, MD 21201-3525
      View Details
    • Value Estimation
      $17,645,000
      85,168 SF

      530 Howard St

      APARTMENT HOUSE (100+ UNITS) • 85,168 SF
      530 Howard St, Baltimore, MD 21201
      View Details

    Similar Nearby for Sale

    • $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
    • $1,195,000
      7,240 SF

      Mount Vernon Mixed-Use Property

      Renovated, fully occupied mixed-use building in historic Mount Vernon.
      825 N Charles St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      3,632 SF

      Baltimore Mixed-Use Investment Opportunity

      Fully occupied, mixed-use building with retail and residential units.
      1125 S Charles St, Baltimore, MD 21201
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces Available For Lease

      Retail spaces available for lease in Baltimore, Maryland.
      118 N Howard St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      3,727 SF

      Office Space Available For Rent

      Office space available for rent in Baltimore, Maryland.
      2601 N Howard St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      9,800 SF

      Retail Space in Established District

      Retail space in the heart of an established shopping district.
      315 W Lexington St, Baltimore, MD 21201
      View Details
    • Contact for pricing
      4,564 SF

      Retail Space in Downtown Baltimore

      Highly visible retail space in a mixed-use residential building.
      11 S Eutaw St, Baltimore, MD 21201
      View Details
    • Contact for pricing

      Secured Land for Lease

      Fenced, gated, and lit land available for lease.
      4600 E Fayette 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.
    8 N Howard 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!