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Property profile & analytics

900 S Wolfe St Baltimore, MD 21231

  • Office buildings
  • 35,414 SF
  • 0.27 lot acres
For Sale
Last Sale
Aug 30, 2021
$4,500,000
Value Estimations
Cap Rate Potential
8%
Office buildings
Location Intelligence
Property ID
US40-1135400
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.

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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $4.05M - $12.2M
    AI Estimate
    $4,909,000
    Market 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

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


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

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
$100,980
$1,180,500
$3,098,300
$4,278,800
-
$1,180,500
$3,098,300
$4,278,800
More about this property
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