1200 20Th StBaltimore, MD 21218

  • Industrial properties
  • 1,040 SF
For Sale

Property Details for 1200 20Th St

Year built
1930
Construction
BRICK
Lot size
0.07 AC
Property size (Sq ft)
1,040 SF
Zone code
I-1
Property type
Industrial properties
Property subtype
Other warehouses
APN
09-13-4011A-030
APU
09134011A030

Description

This online auction features a 1,040+ square foot commercial building situated on a 2,844+ square foot lot in Baltimore, MD's East Baltimore Midway neighborhood. The property, located at 1200 E 20th St, is zoned I-1 Light Industrial, allowing for light manufacturing, fabrication, processing, wholesale distribution, and warehousing. Currently tenant-occupied, the building generates a gross annual rent of $16,200, increasing 4% annually, with the tenant responsible for all utilities. The lease details are available in the auction documents. The property features a high fence along the left side and rear. Convenient access to major transportation routes including Rt. 40, Harford Rd., Broadway, Greenmount Ave., and E. 25th St. enhances its appeal. The auction begins February 14th, 2025, and concludes February 19th, 2025, at 11:30 am. Detailed property documents, including the purchase and sale agreement, leases, lead certificates, and rental license, are accessible online after creating a free account and accepting a non-disclosure agreement. The initial deposit must be made via credit card, wire transfer, or cashier's check. The online auction platform employs a 3-minute extension rule for bids placed within the final three minutes. This presents a compelling investment opportunity in a well-located industrial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $256,678
    Hospitality
    $235,115
    Educational
    $195,613
    Medical
    $202,341
    Retail
    $304,287
1200 20Th St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.313
Longitude
-76.6023
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
$862
-
-
$36,533
-
$11,300
$46,700
$58,000

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