900 S Wolfe St Baltimore, MD 21231
- Office buildings
- 35,414 SF
- 0.27 lot acres
Current Use by Public Records
- Pucio Medical Group / Medical Group
- Zipcar Location / Transportation Service
Property Details for 900 S Wolfe St
- Year built
- 2003
- Lot size
- 0.27 lot acres
- Property size
- 35,414 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 02-06-1873 -001
- APU
- 2061873001
Description
This exceptional 32,500 square foot Class A office building, located at 900 S Wolfe St in Baltimore, MD 21231, presents a unique owner-user opportunity. Built in 2003, this three-story building sits on a 0.27-acre corner lot and offers stunning water and city views. The property features exposed brick, wood floors, and exterior decks, creating a sophisticated and inviting atmosphere. The interior boasts a versatile layout with double restrooms on each floor, elevator access, and ample parking for 50 vehicles. With 10,500 square feet on the first floor and 11,000 square feet on each of the upper two floors, this property is ideal for a variety of uses. Its C-1 zoning provides flexibility for various commercial ventures. The building's location in Baltimore's vibrant Fells Point neighborhood offers a quiet setting, yet is conveniently located near a park and boasts easy access to the city's amenities. Currently vacant, this property is ready for immediate occupancy and represents a rare opportunity to acquire a distinguished presence in a highly desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,540,000
- ML approach
- $6,295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,755,000
- 6.5%
- $8,080,000
- 7%
- $7,505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,364,000
- AI Estimate
- $4,909,000
Market price range: $4.05M - $12.2MMarket price range: $1.50M - $6.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $7,275,000 Current use
- AUTO REPAIR, GARAGE
- $8,170,000 Change: +12% Conversion: Difficult
- RESTAURANT
- $8,055,000 Change: +11% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $6,485,000 Change: -11% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,845,000 Change: -20% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.5901
- Latitude
- 39.2817
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA