Property profile

940 Lakewood Ave Baltimore, MD 21224

OFF-MARKET
Assisted living facilities
Property ID
US40-1352550
30,000 SF 0.42 ac lot Built 1902
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1902
Construction BRICK
Total area 30,000 SF
Lot 0.42 ac (18,251 SF)
Zoning code C-2
APN 01-08-1876B-014
UPID US40-1352550

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
  • Apartment Building

Location

940 Lakewood Ave Baltimore, MD 21224-4745
Baltimore metro Census 10400 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$540k
Blend (final) Blend
$560k

Owner & transaction history

Zoning & alternative use

C-2 · Baltimore, MD
Zoning description

01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…

General category COMMERCIAL

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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